Service workers in SF commute in from as far as SF. Municipal workers cannot afford to live here. Do you think it's reasonable that waitresses commute long distances after closing time? That teachers can't live in the city where they teach? Firemen? City sanitation workers?
There are 40% fewer houses listed per year than there were 5 years ago. Is it conceivable that the city produces more than 5,000 households per year that earn at least the 300K/yr household income necessary to buy a house here? Um. Yes.pic.twitter.com/aJQHLIi8Jm
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California has the most progressive income tax structure in the US. This is not an argument to make it less progressive, but a side effect of it is that the state's budget is wildly unpredictable and can see $30B+ wiped out in a year on a recession. http://www.lao.ca.gov/Publications/Report/3703 …
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