Most live paycheck to paycheck. Can't spend your home equity without taking on a 2nd mortgage. To pay taxes?
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I don’t think anyone is talking about increasing prop taxes/removing prop 13 for people living paycheck to paycheck.
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People keeping more of their own money is not a drain on revenue.
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Non-reassessed residential, and in particular single family homes, are net revenue losers for cities. How about paying for services you use?pic.twitter.com/wPq9cqb0Hi
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And are you a drain on city finances if you're spending money in the local economy, supporting local businesses, and paying sales taxes?
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some nice ways to do that: add
#accessorydwelling or subdivide; pledge/donate an#AffordabilityEasement on homehttps://twitter.com/kimmaicutler/status/909521208554643456 …
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Affordable Housing Conservation Easement, or
#AffordabilityEasement#AHCE: modeled on land conservation easementshttps://medium.com/@MossyBuddha/borrowing-from-habitat-and-rural-land-preservation-affordable-housing-conservation-easements-for-ec3ce4a5aa4c …
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Many NIMBYs change their tune once kids (or grand kids!) struggle to find housing.
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My friends were buying a home and they visited one in my neighborhood where the old lady died and wasn't discovered for 2 weeks.
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She told me that she lost the offer on the house because people were still overbidding-> for a ghost house.
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