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Sales tax, business taxes, tax on commercial and industrial real estate, etc. These also require services, but don't put kids into public school and are much le
by pchristensen 3y ago
Sales tax, business taxes, tax on commercial and industrial real estate, etc. These also require services, but don't put kids into public school and are much less emotional about tax changes compared to residents.
And you're exactly right, in California most towns would happily guarantee that no new resident ever moves in, and just continue to collect taxes from workers that commute from farther and farther away. Cities at the edge of the bubble (Dublin, Brentwood, Gilroy, etc) build housing because a) they're turning undeveloped land into housing, and b) new housing construction is less unprofitable for the municipality in the beginning and can be offset by development fees.
It sounds crazy, and yet, it's true. For example, Palo Alto has 100,000 workers commuting in to a city of 70,000 people - http://meetingthetwain.blogspot.com/2018/01/palo-alto-work-live-commute.html http://meetingthetwain.blogspot.com/2018/01/palo-alto-work-l...
- BobaFloutist 3y agoThat being said, while it's 100% the case that SFHs don't pay for themselves, I bet high-rises change the math a bit.
- CydeWeys 3y agoSchooling is a big expense, and it's not much cheaper with high rises. (It's a little bit cheaper, but only because of bussing.)