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There probably are too many people in SF and spreading out would increase much needed housing supply in that market. On the topic of property tax, that very we
by asow92 3y ago
There probably are too many people in SF and spreading out would increase much needed housing supply in that market.
On the topic of property tax, that very well might be true for CA, although NY and TEX property tax seems similar despite the average home in TEX being almost half as much. https://www.rocketmortgage.com/learn/property-taxes-by-state https://www.rocketmortgage.com/learn/property-taxes-by-state. Additionally, there may be other cost of living factors that make TEX more or less attractive.
- kagakuninja 3y agoSF needs more housing, and is facing a problem because they went all-in on tech, and most people aren't returning to those expensive SF offices. Those problems are all manageable, but there will be pain in the short term. The big win by moving out of CA is affordable housing. However, most of the cool alternatives like Austin and Portland have also gentrified (and they hate Californians, at least in Oregon)