Uh, more like longtime property owning San Franciscans used a regressive tax subsidy to shift housing burden to young people & the poor.https://twitter.com/CurbedSF/status/804158085338001408 …
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
Add this Tweet to your website by copying the code below. Learn more
Add this video to your website by copying the code below. Learn more
By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.
| Country | Code | For customers of |
|---|---|---|
| United States | 40404 | (any) |
| Canada | 21212 | (any) |
| United Kingdom | 86444 | Vodafone, Orange, 3, O2 |
| Brazil | 40404 | Nextel, TIM |
| Haiti | 40404 | Digicel, Voila |
| Ireland | 51210 | Vodafone, O2 |
| India | 53000 | Bharti Airtel, Videocon, Reliance |
| Indonesia | 89887 | AXIS, 3, Telkomsel, Indosat, XL Axiata |
| Italy | 4880804 | Wind |
| 3424486444 | Vodafone | |
| » See SMS short codes for other countries | ||
This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.
Hover over the profile pic and click the Following button to unfollow any account.
When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.
The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.
Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.
Get instant insight into what people are talking about now.
Follow more accounts to get instant updates about topics you care about.
See the latest conversations about any topic instantly.
Catch up instantly on the best stories happening as they unfold.
Kim-Mai Cutler Retweeted Curbed SF
Uh, more like longtime property owning San Franciscans used a regressive tax subsidy to shift housing burden to young people & the poor.https://twitter.com/CurbedSF/status/804158085338001408 …
Kim-Mai Cutler added,
@gassee I buy a house according to my income and a few years later I am taxed out of home bc my neighborhood got popular?
or taxes could've been taken out of capital gains at sale. What Prop. 13 has done instead is turn CA real estate
into an unparalleled, scarce asset. There is no financial incentive for cities to build more housing bc their
property tax revenue from new housing is capped at lower than the cost of providing services like police, schools
owners basically get to capture all financial upside w/ capped taxes, so it incentivizes foreign capital to park here
If anything capping tax increases in existing properties should incentivize new developments...
no it doesn't bc the majority of voters have the tax caps and are insulated from the effect of Chronic shortage
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.