"IF". In practice can't happen fast. Will be incremental. It's political and economic. Big real estate won't allow a pace that lowers profit
Income won't work w affordable housing; it's the low/capped taxes + shortage that motivate ppl/entities to park and more $ into real estate.
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city income tax: currently disallowed by CA; & not much on state agenda. 0.5% on > $1M income in SF = $62M/yr, see http://www.sfexaminer.com/sf-considers-local-income-tax-proposal/ …
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possibilities need to be modelled, political map for them drawn; equalitative action, not just qualitative stmtshttps://twitter.com/kimmaicutler/status/873610818226618369 …
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Uh - collect income tax build affordable housing with it. Won't work, why?
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Because affordable housing isn't the problem. Housing affordability is.
End of conversation
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