Can we convince him to take the tens of millions he was planning to raise for his campaign to be spent on housing instead?
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Replying to @louisgray @sama
Tens of millions is not enough to solve this problem.
9 replies 1 retweet 45 likes -
@sama@RonConway & friends could raise/invest billions for/in housing Even millions would do more good than a vanity#CAgov campaign1 reply 0 retweets 4 likes -
Replying to @tigerbeat @louisgray and
I don't think you could raise billions for housing in CA. Not w/ current system.
@JerryBrownGov knows this http://www.latimes.com/politics/essential/la-pol-ca-essential-politics-updates-governor-pessimistic-on-major-deal-to-1494529101-htmlstory.html …4 replies 1 retweet 6 likes -
Replying to @kimmaicutler @tigerbeat and
The article clearly states unions and environmentalists are the problem. Tech billionaires must be allowed to hoard their $.
1 reply 0 retweets 3 likes -
Replying to @noahsloss @tigerbeat and
W/ out reforming property tax, any funding will just get absorbed into higher land costs, land values, negating the social benefit
2 replies 3 retweets 24 likes -
Replying to @kimmaicutler @tigerbeat and
All for prop 13 reform, but waiting until CA homeowners approve a tax increase on themselves doesn't seem like a good short-term strategy.
1 reply 0 retweets 1 like -
Replying to @noahsloss @tigerbeat and
There's kinda no way around that if people actually want to get out of this situation bc the land values keep going up, up, up.
4 replies 0 retweets 5 likes -
Replying to @kimmaicutler @noahsloss and
Every year, residential property values increase in aggregate in SF by more than $100B. http://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html …
1 reply 6 retweets 12 likes -
Replying to @kimmaicutler @noahsloss and
That's 13X the annual budget, 4 Airbnb's, almost the entire size of the CA state general fund. It's enormous.
2 replies 0 retweets 1 like
CA is very dependent on 1% wealth. It's why we can't manage the volatility or predictability of the budget. http://www.lao.ca.gov/LAOEconTax/Article/Detail/7 …
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