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Re:San Francisco Progressives Declare War on Affordable Housing by runamok on Tuesday August 02, 2016 @10:09PM (#12215075)
It is poorly worded but I think effectively it's true. If I understand correctly a 10000 sq ft lot would be taxed the same regardless if it was a 1 story house or a 6 story condo... So effectively it's a discount compared to the way normal property tax is levied that values the cost of the structure on the land... https://en.m.wikipedia.org/wiki/Land_value_tax
Re:San Francisco Progressives Declare War on Affordable Housing by tmnvix on Wednesday August 03, 2016 @07:06AM (#12217101)
Well, yes. Though this interpretation only makes sense if "urban buildings" doesn't mean "buildings in an urban area" as most would expect, but instead "high occupancy buildings". It is either wrong or very poorly worded.