Maybe you don't sell your family home because you want your children to live there. Why is that a bad thing?https://twitter.com/kimmaicutler/status/877265892362534912 …
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
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AntiDisplacementCoup Retweeted Kim-Mai Cutler
Maybe you don't sell your family home because you want your children to live there. Why is that a bad thing?https://twitter.com/kimmaicutler/status/877265892362534912 …
AntiDisplacementCoup added,
maybe your kids should pay the same taxes that other people do. Maybe they shouldn't have vintage tax rates from two generations ago.
Maybe you should focus your ire on the Gallo family corporation, and not the kid of an immigrant family that managed to buy one house.
it's ~10% of transactions. Maybe there should be abundant housing & a financial system that funds infrastructure for that.
maybe you could also support more housing in the suburban Westside while sitting in your undertaxed, one-day-to-be inherited home.
...and I would support housing in Western neighborhoods, if it was affordable.
it's not affordable because the land is expensive. Why is the land expensive? Bc there's not a lot of it & it's tax protected in perpetuity.
if you wanted to compensate for the land being expensive, then you'd have to find a public subsidy bc inclusionary maxes out at a certain %
Okay. You still didn't answer my question, but whatever.
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