CA can't even get rid of a tax break for vacation and second homes that would generate $300-400M for affordable housing. Cc @DavidChiuhttps://twitter.com/dillonliam/status/889554677943025664 …
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Replying to @kimmaicutler @DavidChiu
Bay Area doesn't need low income subsidies, it needs repeal of NIMBY laws that obstruct new construction, keeping prices artificially high.
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Over-regulated housing market makes it impossible for construction to keep pace w demand. Home owners
this: inflates their home values.1 reply 0 retweets 0 likes -
5:28 AM - 25 Jul 2017
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