3 ms·
All of which could be paid for much better by distributing the taxes over the new residents. Economies of scale should make denser cities cheaper and more effic
by Houshalter 10y ago
All of which could be paid for much better by distributing the taxes over the new residents. Economies of scale should make denser cities cheaper and more efficient.
- stevewilhelm 10y agoIt is very expensive and time consuming to do major infrastructure projects in San Francisco. Case in point: "Due to the capital cost ($1.578 billion for the 1.7 mile light rail line), the Central Subway project has come under criticism from transit activists for what they consider to be poor cost-effectiveness.[20] In particular, they note that Muni's own estimates[21] show that the project would increase Muni ridership by less than 1% and yet by 2030 be adding $15.2 million a year to Muni's annual operating deficit." https://en.wikipedia.org/wiki/Central_Subway https://en.wikipedia.org/wiki/Central_Subway
- int_19h 10y agoI don't know about SF, specifically. But some places already tax new developments - in order to fund existing infrastructure (because property taxes aren't high enough to actually pay for it). So it becomes a pyramid scheme, where you have to constantly build more to maintain what's already there. For the city councils, it becomes a game of hot potato - what matters is that the pyramid doesn't collapse while you're in charge...