but of course, building lots of office and no housing is terrible for affordability.pic.twitter.com/uttlzG7qKd
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and that CA's taxation system is highly volatile in part because it is so dependent on high-income earners whose incomes are tied to the performance of the stock market. The last recession wiped out $115 billion in revenue. (We have $16B in reserves.) http://lao.ca.gov/Publications/Report/3769 …
general debates are: how much should we build? where should we build? what kind of housing should we build? where should we get money to finance low-income housing as the federal govt continues to recede? how should we reform Costa Hawkins/rent control?
is it possible to reform Proposition 13? If so, how?
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