Re:One-third of SF Bay Area residents hope to leave soon, po...
by andrewmcwatters on Monday May 02, 2016 @02:40PM
(#11614211)
It seems to me the real answer is to leave. This town ain't big enough for everybody. Mass transit isn't going to solve this problem.
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Re:One-third of SF Bay Area residents hope to leave soon, po...
by windlep on Monday May 02, 2016 @02:46PM
(#11614265)
Yup, it can just become 50% empty investment properties, and folks can scrounge for what's left. Some solution is going to be needed to prevent that situation, though maybe with all those empty houses, there'll be less people to make traffic so bad.
Re:One-third of SF Bay Area residents hope to leave soon, po...
by ethbro on Monday May 02, 2016 @03:05PM
(#11614466)
Just tax unused properties at a higher rate. Speculative investment wouldn't be as bad if they were rented.
Re:One-third of SF Bay Area residents hope to leave soon, po...
by muzz on Monday May 02, 2016 @03:14PM
(#11614565)
A Texas-sized property tax rate would do the trick
Re:One-third of SF Bay Area residents hope to leave soon, po...
by kurttheviking on Monday May 02, 2016 @03:37PM
(#11614795)
Or, a proper Land Value Tax[1]
[1]http://www.economist.com/blogs/economist-explains/2014/11/ec...