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It seems to me the real answer is to leave. This town ain't big enough for everybody. Mass transit isn't going to solve this problem.
by andrewmcwatters 11y ago
It seems to me the real answer is to leave. This town ain't big enough for everybody. Mass transit isn't going to solve this problem.
- windlep 11y agoYup, it can just become 50% empty investment properties, and folks can scrounge for what's left. Some solution is going to be needed to prevent that situation, though maybe with all those empty houses, there'll be less people to make traffic so bad.
- ethbro 11y agoJust tax unused properties at a higher rate. Speculative investment wouldn't be as bad if they were rented.
- muzz 11y agoA Texas-sized property tax rate would do the trick
- kurttheviking 11y agoOr, a proper Land Value Tax[1] [1]http://www.economist.com/blogs/economist-explains/2014/11/economist-explains-0 http://www.economist.com/blogs/economist-explains/2014/11/ec...
- Semiapies 11y agoIf lots of people leave, investing in property won't be as attractive, and folks will have more to scrounge among. But then, this is SF's usual cycle.