How to Fix San Francisco’s Housing Market

Re:How to Fix San Francisco’s Housing Market by DrScump on Monday March 13, 2017 @05:13PM (#13862442)

  A slightly more moderate proposal favors an 80% land tax to allow for some margin of error in assessment.

... which, of course, is unconstitutional (Prop 13).

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Re:How to Fix San Francisco’s Housing Market by nwah1 on Monday March 13, 2017 @06:04PM (#13862890)

California is unique in this regard, and is paying the price for it.

I'm sure it must be nice for older landowners to see windfall profits thanks to the productive activity of others, but surely there must be a better way of helping people save up for retirement than to make the area completely unaffordable for younger people.

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Re:How to Fix San Francisco’s Housing Market by beamatronic on Monday March 13, 2017 @07:43PM (#13863651)

This will change only when these older landowners lose political power

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Re:How to Fix San Francisco’s Housing Market by bmelton on Monday March 13, 2017 @05:24PM (#13862564)

> which, of course, is unconstitutional

Which means that you'd need only to amend the California constitution to repeal or modify that amendment.

I'm with you in that I definitely do not favor violating a constitution of any sort, but because amendments are possible, we should not pretend that constitutions are set in stone, as they are amendable. We should also not attempt to pass policies that violate the constitution by methods other than amendment, of course.

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