Make all housing a less attractive speculative instrument while raising orders of magnitude more funding for affordable housing.https://twitter.com/ananyaucla/status/887853659165294592 …
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Replying to @kimmaicutler
we passed a real estate transfer tax in SF and it's raised a lot of money.
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Replying to @kimmaicutler @natogreen
They sort of do if the transfer tax is progressively calculated to rise along with value of the property?
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Replying to @DarwinBondGraha @natogreen
My understanding is that's banned under state law or any kind of tax that would be associated w appreciation
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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
5:59 PM - 20 Jul 2017
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