but how do you change the property tax laws around how landlords get the money?
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Partly follow SF lead: 10% tax on gross rent income, less deductions for actual maintenance & repair.Use money to BUILD housing near transit
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2/ CA Legis can enact a tax on high rent incomes without amending Prop 13. Fairer too, since tax follows ability to pay
@DavidChiu@PhilTing -
Canada is addressing property speculators.Where is CAL? Why are landlords/speculators treated better than residents? http://www.jdsupra.com/legalnews/ontario-introduces-sweeping-changes-to-38231/ …
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I would love to see Rent Control index the permissible level of increase in rent to the increase in the landlord's property tax. Prop13 4all
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That's actually exactly how it works in Sam Francisco
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