3 ms·
So over 20 years, your property taxes would increase by ~49%. The median sale price in 1996 for a home in SF was $275/sq. ft, today it's more like $1,250/sq f
by mikeyouse 11y ago
So over 20 years, your property taxes would increase by ~49%. The median sale price in 1996 for a home in SF was $275/sq. ft, today it's more like $1,250/sq ft. 450% appreciation in 20 years, or something like 7x faster than property tax increases.
- gedy 11y agoAnd why exactly would that help housing availability and costs for people living in SF?
- mjevans 11y agoSupply side market pressure. More housing, lots, and lost, and lots of housing. Also, corresponding infrastructure (including civic utilities like parks) to accommodate the additional residents.