fountainofage

10 ms·

61.
by fountainofage 7y ago
So that's your anecdote - and now mine: the building I live in is worth well over $5 million, and the property tax is currently $3500 a year. Edit: just to add - I don't know where people get the idea that we need to evict people
62.
by fountainofage 7y ago
Not sure if you know this, but you're not pressing 4 keys at once. The ctrl + b part is the prefix sequence to let tmux know you want to send it commands. The order of key presses would be: 1) press ctrl + b 2) release 3) press shift +
63.
by fountainofage 7y ago
I'm very much for private ownership of property, not sure why you would think otherwise. All I've said is to do what just about every other state does: if your property is worth $200k, you pay $2k that year in property taxes. If i
64.
by fountainofage 7y ago
I know why they're doing it, I'm arguing density isn't getting forced on them. Rather it's saying "hey, you should pay for that."
65.
by fountainofage 7y ago
Eh, those same folks against density happily vote in another office park that brings in 20,000 new jobs. So I'm a bit hesitant to say they're getting density pushed on them. More like they're finally expected to pay for their
66.
by fountainofage 7y ago
I'm trying to understand: are you saying landlords should be able to not pay property taxes on the current value, not get their property seized by the state if they don't pay property taxes, collect market rate rents from tenants,
67.
by fountainofage 7y ago
Who said eviction? I said to charge to the property tax as it's valued today. Put a lien on the property and collect at time of transfer. There's no reason to evict people based on property taxes. Texas handles this just fine.
68.
by fountainofage 7y ago
My landlord's building is worth $5 million ($5,000k) and he pays $3k a year in property taxes. He can evict all tenants and wait for someone to pay him $10 million for the property. He can wait for generations and never pay more than $
69.
by fountainofage 7y ago
Then they shouldn't vote in the office space?
70.
by fountainofage 7y ago
I mostly agree, but we should get rid of prop 13 completely. Just put a lien on the property rather than having the state seize the property if the "concern" is that we don't want people kicked out of their homes for property
71.
by fountainofage 7y ago
Well, what you do is get rid of prop 13 and do yearly appraisals. Then you just tax the property on what it's worth, and if a landlord refuses to rent, then the tax is now a vacancy tax. The real problem is we're not taxing these
72.
by fountainofage 7y ago
What units go into the vacancy rate? The comment seems to be saying these units aren't even listed as available. Would they still show up in the vacancy calculation? How do they get in there?
73.
by fountainofage 7y ago
I want to highlight very few Uber drivers make more than minimum wage once the total costs are taken into account.
74.
by fountainofage 7y ago
The other option is to pay 110% of your prior year taxes. As long as you're on track to do that, then you also don't get hit with penalties.
75.
by fountainofage 7y ago
Private investment is absolutely where the money is these days. Look at how the media claims an IPO that doesn't pop 30% or more on day one is a "failure." No one who actually contributed to that company's value benefits
76.
by fountainofage 7y ago
And isn't the fundamental truth of investing: optimize returns based on your tolerance for risk? For the vast majority of the population, the optimal way to get the highest returns with the lowest risk is to put the money into either t
77.
by fountainofage 7y ago
Did anyone else notice the reframing the article ends on? It spends every paragraph on 7-figure donations, then concludes with a quote that no one cares about families that make $100k donations. Clearly Mr. Brunold wants people to focus on
78.
by fountainofage 7y ago
The only way to beat corruption is by shining a huge spotlight on it and remove every spot people have to hide. I'll say the opposite - all college donations and income should be publicly available as soon as the ACH transaction clears
79.
by fountainofage 7y ago
I realize this is a tired trope, but I firmly believe it: If California got rid of prop 13 and allowed by-right zoning, market forces absolutely would build what we want.
80.
by fountainofage 7y ago
The thinking is also that the gauntlet is just plain wrong, so that would go away as well once their cartel (AMA) loses its power.
81.
by fountainofage 7y ago
Lots of comments, but no one has just come out and said it: Fuck. That. Manager. They care about butts in seats more than results, and they've deliberately sought out the metrics to justify it.
82.
by fountainofage 7y ago
Sounds like they're not a stellar performer then? Unless they're a solo founder with no funding, they don't work in a vacuum. Edit: changed you's to they
83.
by fountainofage 7y ago
Could you expand on this? I've never met a couple that could afford a 4 bedroom apartment on their own, so I'm not sure how allowing even larger apartments solves anything?
84.
by fountainofage 7y ago
Well, are you in support of a suburb or a small town? A suburb is wildly distinct from a small town. Most would agree that a suburb solely exists to house people that work in a nearby city, whereas a small town is self-sufficient (in the se
85.
by fountainofage 7y ago
Lots of people agreeing, so I just want to say this: if people don't want neighbors, then they should buy the land surrounding them for the FMV. Abusing various laws to get the benefits of purchasing the property/land without havi
86.
by fountainofage 7y ago
I guess another way to look at it is how much office space has Mountain View approved to be developed? If they're super happy to have a Googleplex expansion that will fit another 5,000 Googlers, but only approve 1,000 more units... how
87.
by fountainofage 7y ago
Have you checked out advancedrunning or artc subreddits? Might be what you're looking for.
88.
by fountainofage 8y ago
I hope so, but everyone I know who is under 40 and owns property also loves Prop 13.
89.
by fountainofage 8y ago
I guess it depends on what question you're asking. You seem to be pointing out that you think the real question is: "what is the median rent for anyone living in San Francisco?" whereas Zumper seems to be more answering the q
90.
by fountainofage 8y ago
It could also mean the demand for these items is very elastic, so manufacturers will have to eat the tax or higher manufacturing costs.

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