3 ms·
Literally is a tax specifically constructed to target sellers (not buyers) of >$10M properties, otherwise known as rich people. With an exemption for sales to a
by abalone 6y ago
Literally is a tax specifically constructed to target sellers (not buyers) of >$10M properties, otherwise known as rich people. With an exemption for sales to affordable housing nonprofits. This issue, passed by a wide margin, demonstrated that SF YIMBY is little more than a real estate lobby front at this point.
- whakim 6y agoAgain, developers != rich people. Developers are just businesses like everything else, not some evil cabal. Developers build the housing units that we both claim to want, and if you make it harder for them to build anything then no housing of any kind gets built.