Lower-income Bay Area cities tend to welcome development to shore up tax base. Higher-income cities shut it out to protect property values.https://twitter.com/SFBusinessTimes/status/875790065145790465 …
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if you wanted the Japanese system, you would have to reform Prop. 13 to create a land value capture mechanic & remove local control.
Phil was not saying adopt Japanese system wholesale, but idea of high speed rail to outlying areas might be something to consider.
Yes - would provide access to job centers from more affordable locations
So you're saying California won't be able to finance high speed rail? Why do you relate everything to land? Just tax people
tax the unearned land increment or windfall that property owners get when transit infrastructure is built nearby them?
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