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A comment on Tim Sweeney: Tax bill would likely end founder control of independent companies. Parent comment

Re:Tim Sweeney: Tax bill would likely end founder control of... by rsj_hn on Wednesday October 27, 2021 @08:29PM (#29020872)
> Prop 13 disincentivizes building housing.

I didn't think we reached the point where people are arguing that things that make housing more valuable disincentivize building more homes - but here we are.

It is zoning restrictions, EIR, etc., that disincentivize housing.

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Re:Tim Sweeney: Tax bill would likely end founder control of... by Msw242 on Thursday October 28, 2021 @08:21PM (#29033800)
Prop 13 absolutely disincentivizes building housing. Other policies can also be bad. But grandma's house isn't being bulldozed to make way for a quadplex because she's insulated from the market.

https://www.kqed.org/news/11700683/too-few-homes-is-proposit...

But if you own a home in California, you are incentivized to maintain prop 13.

It's funny how hard it is for people to understand something when it cuts against their personal interests.

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