Literally no one in DSA has ever supported Prop 13. Please search my handle and "Prop 13" for more information
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Replying to @yeltb @peterjgowan and
It's fine. One of my best friends in politics was an organizer at Evolve, in actually a monthly donor. I desperately want to repeal the whole thing but split-roll might be our best option considering the realtors are trying to EXPAND it rn
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Replying to @yeltb @peterjgowan and
Thanks to Prop 13 there's a massive loophole SF property management companies have exploited where you can spend enough on post-1989 seismic retrofits to decontrol rents for your whole building
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Mosser has used this to flush out entire buildings in the Tenderloin this past year
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Essentially if you spent more on seismic retrofits than your artificially depressed property tax which is really easy to do it's considered a whole new building
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Seismic retrofits are actually really expensive. @zakfranet has run some numbers on applying them to existing affordable housing.
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Per unit or overall? How does that figure into monthly rental cashflow?
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