jra6

4 ms·

1.
by jra6 10y ago
I think when I came to California, I shared your position on Prop13... namely that it was a unnecessary market distortion that distributed wealth from the new to the old that ultimately worked against the apparent intent of the legislation
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by jra6 10y ago
In California, I would eliminate Prop 13 for landlords (which would increase teacher salaries 20%-30%). To me, that's a no-brainer. The other no-brainer is decreasing political barriers to additional density. Everything else requires t
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by jra6 10y ago
Our investment follows our educators regardless of what they do afterwards. I do think that less educators would re-train if they had more financial security in their chosen profession.
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by jra6 10y ago
I similarly struggle with that pessimism. I mentioned below that our primary goal is to even access to homeownership across people who make similar incomes. A big component of housing-related credit is equity (ie. collateral). Many parts of
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by jra6 10y ago
The hard data is piss poor. It's largely self-reported data collected by media agencies. Just google "Bank of Mom and Dad", there are lots of poorly done studies. This one is okay: http://paa2005.princeton.edu&#x2F
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by jra6 10y ago
Shamefully poor tech competencies! Come help us! :)
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by jra6 10y ago
I don't disagree -- I definitely struggle with this. The problem we are solving shouldn't exist. We should live in an society where people with equal incomes should have equal access to credit. The reality is though that intergene
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by jra6 10y ago
[One of the co-founders of Landed]. This post doesn't really talk much about what we do. What we do is run down payment assistance programs for private schools and public school districts to help their teachers become financially secur
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by jra6 10y ago
I'll be the first to advocate for higher salaries for educators, nurses, firefighters, police officers and essential public employees. I think they provide an absolutely fundamental service to our communities. That said, Stanford has a
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by jra6 10y ago
Land is like any commodity of fixed supply. It is increasingly valuable as incomes and inequality grows. Until such a time that the supply/demand dynamic in cities is significantly altered, it will be valuable (whether it is properly p
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by jra6 10y ago
I don't disagree with your comment -- none of us are necessarily great blog writers :). I would say the way we think about this is that there is both a cyclical and structural housing problem in American cities. The structural piece is
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by jra6 10y ago
You certainly have to be a dual income household to have a chance of making it as a teacher in the Bay Area. That said, educators in Mountain View are paid reasonably well ($80,000 - $130,000). Two educators can still afford to buy a home r
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by jra6 10y ago
Hi, I'm one of the co-founders of Landed. Some great answers below. Some additions: 1. The only thing I'll add is that schools that have implemented similar programs have largely done so out of necessity/desperation. Given t