4 ms·

The primary residence owners get the same perverse incentive to illegally rent and never sell the property. Why wouldn't they? It's literally free money. And t

by slackingoff2017 9y ago

The primary residence owners get the same perverse incentive to illegally rent and never sell the property. Why wouldn't they? It's literally free money. And transfers don't need to happen when the average person lives 80 years. These units will largely be kept off the market for over thirty years. I understand your concern about long time residents being forced out, but the proper solution to this is not locking out large portions of the housing market. A much better solution is to highly encourage new and higher density housing to make the area more affordable to everyone. Existing residents don't deserve to live in SF more than new ones just because theyve been there longer

dv_dt 9y ago
I think it's odd to base your policy for most people for what a tiny minority might illegally do. As for people keeping their homes for thirty years - I think that is a tremendous good in our society that we want to encourage in terms of stability of people and their relationships to their neighbors and cities, and suspect we're going to hit a fundamental disagreement beyond there.
- woah 9y ago
  It sounds nice, but in California it has created a landed gentry who fight tooth and nail to keep things completely unaffordable for everyone else.
jfoutz 9y ago
What about enforcing the laws about illegal renting? Turn the property over to the current tenants, perhaps fine the prior owner and call it a day.
algesten 9y ago
> Existing residents don't deserve to live in SF more than new ones just because theyve been there longer Yes, of course they do. It's people's _homes_ we're talking about. And it's absolutely in every society's interest to safe guard a mix of people everywhere. Rampant gentrification where the moneyed upper and middle classes squeeze out the lower class, is clearly the number one reason for an increasing segregated society, disenfranchisement and alienation. Perfect growing grounds for radicalisation and what follows...

dv_dt 9y ago

I think it's odd to base your policy for most people for what a tiny minority might illegally do. As for people keeping their homes for thirty years - I think that is a tremendous good in our society that we want to encourage in terms of stability of people and their relationships to their neighbors and cities, and suspect we're going to hit a fundamental disagreement beyond there.

woah 9y ago
It sounds nice, but in California it has created a landed gentry who fight tooth and nail to keep things completely unaffordable for everyone else.

jfoutz 9y ago

What about enforcing the laws about illegal renting? Turn the property over to the current tenants, perhaps fine the prior owner and call it a day.

algesten 9y ago

> Existing residents don't deserve to live in SF more than new ones just because theyve been there longer Yes, of course they do. It's people's _homes_ we're talking about. And it's absolutely in every society's interest to safe guard a mix of people everywhere. Rampant gentrification where the moneyed upper and middle classes squeeze out the lower class, is clearly the number one reason for an increasing segregated society, disenfranchisement and alienation. Perfect growing grounds for radicalisation and what follows...