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Living In A Van in Google's Backyard

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Re: Living In A Van in Google's Backyard

#101

Post by docker_up »

tlb wrote: post #80
docker_up wrote: post #48

To all those that say "build more housing" will solve all our problems, I don't think they've actually been looking at the housing markets. All of the new housing in the Bay Area is at a premium price. All of it. There are tens of thousands of condos slated to be built in SF. They are all top of the end condos. They haven't and they won't dent the prices. Building more homes will just let more rich people move to the…

You're mixing up two things. When a lot of new premium housing is built, you might indeed see the reported "average sales price" go up, since there are lots of sales of new fancy new houses. But the price of older housing goes down. Because people who bought a new premium house, therefore did not buy an older house, which reduces demand for older houses. There are lots of nice older (1940-1990) houses in SV that are…

This is absolutely wrong.

I live in an "old" neighborhood where the houses are about 60 years old or more. The house prices have doubled in the last 6 years, and they are almost 2M. Old houses go up much faster because they are in much much better locations.

Re: Living In A Van in Google's Backyard

#103

Post by ghufran_syed »

jedberg wrote: post #59

A big part of this is prop 13 and tax policy. My anecdote is not unique: My mom inherited my grandfather's condo when he died. Because of Prop 13 (and it's follow ups) she gets to keep his original tax rate from his original home, which was set in 1978 . She makes about $500/mo profit on the condo only because her tax rate is about $500 less per month than if it were purchased new. If we didn't have Prop 13, it would…

I'm not sure you would need to get rid of prop 13. An alternative might be a state law that gives workers who work more than, say 20 hours a week in a city the right to vote in that city's elections. That way the commuters, who tend to be more numerous and poorer than those who manage to rent in the area would form a voting bloc that might be sufficient to offset the (natural) self interest of the city's home owners, who often want to restrict supply of new housing or transport.

Re: Living In A Van in Google's Backyard

#104

Post by tonyedgecombe »

rabidrat wrote: post #69
chasingthewind wrote: post #39

Earlier quoted context omitted.

I became interested in Georgist tax models a few years ago but at one point I came across something that didn't seem to be Georgist exactly but perhaps a later modification that seemed terrifying. The idea was that you were responsible to tell the tax authority what the taxable value of your land was. The catch was that anyone could come and (forcibly?) purchase the land at that price. It struck me as an incredibly d…

That is a fascinating idea, and I think it would work for anything except a primary residence. (How can you tax "I'm 83 and will only leave in a coffin?") For everything else, particularly investment or rental properties, it seems like a perfect setup. Like bringing the dynamics of the stock market to the property market. For primary residences, maybe it could be a "half-tax" setup (with actual exemptions for people…

I’m not sure you want to exclude those 83 year olds, especially if they are on their own in a family sized home.

Re: Living In A Van in Google's Backyard

#105

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Re: Living In A Van in Google's Backyard

#106

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Re: Living In A Van in Google's Backyard

#107

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Re: Living In A Van in Google's Backyard

#108

Post by bayareanative »

The bigger problem is the classism, hate and othering used to heap upon and smear people who can't or don't want to afford fixed housing. So much for "tolerance" and "liberalism," if many people even remember what these words meant, because it looks a lot like fascism, judgement and discrimination to me.

Re: Living In A Van in Google's Backyard

#109

Post by douglaswlance »

idlewords wrote: post #22
douglaswlance wrote: post #15

When full self-driving hits, all of these vehicles will go off and recharge their batteries during the day while people are at work.

So much for the 2-hour window during early afternoon when the 101 is drivable.

Automated traffic can drive much, much faster, more densely, and without stopping.

It will be a net positive.

Re: Living In A Van in Google's Backyard

#110

Post by marssaxman »

ben_w wrote: post #51
malms wrote: post #34

Earlier quoted context omitted.

Still not the point.. the world is big why on earth would you obsess on SV to the point of impacting your living condition ?

Because, for some strange reason, the densest and richest tech hub in the world — one which regularly promotes remote working, video calling, VR and AR, Seasteads, self-driving vehicles, and things like O'Neill cylinders — has enough employers who don’t want remote working that the local real estate market has gone mad.

Perhaps that's a sign that remote work is not as valuable as local work.
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