Re:California lawmakers have tried for 50 years to fix the s...
by conanbatt on Saturday December 30, 2017 @02:35AM
(#16034289)
> I don’t feel like I’m saying FU at all. My perspective is that I spent over 15 years in a house that I initially took a risk on. I helped build the neighborhood and community and schools that made it a nice place to live. And, now people who didn’t have to do all that work want to live here cheaply. And, they’re trying to use government and political power to force me to give up what I’ve helped build. Why is that fair?
You are not the owner of the community you help produce. In fact, every renter that lived in your area also contributed to that community and for their favor they were slapped with higher rents. Are you personally going to pay renters for their contributions to the community?
> As I’ve said in the past, No one is addressing the demand side of this issue. Make places less attractive, demand goes down, and prices go down. There are huge swaths of the US other than San Francisco that are in dire need of industry and people. Why not encourage companies and people to move to those places?
Why not encourage landlords to leave, by the same logic? Renters in the end are actually more people that landlords, so by simply trying to benefit the majority might as well punish landlords, right?
> Also, the elephant in the room is foreign buyers. I looked through SF tax records the other day. I picked a random street, and most of the homes were owned by foreign trusts. Why not try to stop that first?
You can stop all things together buy allowing to build more. Not only that, you could also use Land Value Tax to replace income tax, and eliminate income tax and sales tax. You could remove prop 13, rent control and mortage interest deductions from income, and it would make taxes simpler, easier and would stop speculation, would stop landlords wanting to keep 100 year old unsafe houses with mold, etc.
You are not the owner of the community you help produce. In fact, every renter that lived in your area also contributed to that community and for their favor they were slapped with higher rents. Are you personally going to pay renters for their contributions to the community?
> As I’ve said in the past, No one is addressing the demand side of this issue. Make places less attractive, demand goes down, and prices go down. There are huge swaths of the US other than San Francisco that are in dire need of industry and people. Why not encourage companies and people to move to those places?
Why not encourage landlords to leave, by the same logic? Renters in the end are actually more people that landlords, so by simply trying to benefit the majority might as well punish landlords, right?
> Also, the elephant in the room is foreign buyers. I looked through SF tax records the other day. I picked a random street, and most of the homes were owned by foreign trusts. Why not try to stop that first?
You can stop all things together buy allowing to build more. Not only that, you could also use Land Value Tax to replace income tax, and eliminate income tax and sales tax. You could remove prop 13, rent control and mortage interest deductions from income, and it would make taxes simpler, easier and would stop speculation, would stop landlords wanting to keep 100 year old unsafe houses with mold, etc.