Make all housing a less attractive speculative instrument while raising orders of magnitude more funding for affordable housing.https://twitter.com/ananyaucla/status/887853659165294592 …
My understanding is that's banned under state law or any kind of tax that would be associated w appreciation
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Can't touch the gains w out reforming prop 13 is my understanding
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Indirectly touching gains by grabbing higher percentages of more valuable homes...?
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Which is why the anti speculation tax from a few years ago was kind of weirdly designed based on raw sales price rather than change in price
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I'm just saying a RETT that goes up in % progressively, taxes higher value properties at higher percents.
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starting to think about a progressive RETT for 18 ballot in Oakland... any studies you recommend?
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@AaronPeskin you got one?
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