at recent Oakland #MakeItFairCA event, @Scott_Wiener focused on housing incentives issue, suggested remedies for it need to be in package
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Replying to @housing_wiki @yimbywiki and
Bad fiscal incentives can be largely remedied w/ stronger state housing laws, like SB 166 and SB 167/AB 678.
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Replying to @hanlonbt @yimbywiki and
Yeah, we can make it just straight stick and no carrot, though that creates big incentives for cities to look for loopholes. ¯\_(ツ)_/¯
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I do like the idea of collecting more funding at a regional or state level, and distributing it based on meeting housing goals.
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BUT, reforming Prop 13 is perilous. Prop tax is highly inefficient, often unfair. My bill goes up bc my neighbor sold his property?
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It's how every other state does it.
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When your assets appreciate, you should pay more in taxes. It's how all assets should be taxed.
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Not all appreciations count the same. If it's caused by stagflation, I haven't gained anything. And who assesses the property?
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Name the last year inflation broke the target. Every other state manages to do this
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Replying to @WatsonLadd @SFyimby and
Every state does this badly. Fiscalization of land use a national problem.
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Do you know of comparative studies that are good to look at?
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Replying to @kimmaicutler @WatsonLadd and
You mean directly comparing CA to other states? Not off hand but that's an important q. I'll dig into it a little.
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