Good Morning Mission!

Photo by La Eneida

Photo by La Eneida

 

It is 7 a.m., 51° and headed to drop to 65 from 73° on Wednesday, but I’m guessing we’ll do better than 65 because the sun will be out in all of its splendor. Details for the next 10 days are here.

Long, but very good piece on the housing crisis on Tech Crunch. Among other notable connections made by Kim Mai-Cutler is the one between the 1978 Prop 13, which cut property tax revenue by 60 percent, and the current housing crisis.

Without the ability to rely as heavily on property taxes, city governments throughout the state had to favor office and retail development over housing in order to boost sales taxes. It may have even accelerated the homogeny of suburbs as smaller city governments had to cut deals to attract “big box” retailers to boost sales tax revenue, crowding out independently-run stores.

It also created a lock-in effect as California property values soared, creating a bigger gap in property taxes on newly-sold properties and ones that homeowners had held onto for a long time. READ THE FULL PIECE.

KQED has an update on the new Airbnb rules that David Chiu has proposed for San Francisco.

StreetsblogUSA gives us a cheat sheet on what we should know about walking and biking in the USA. Most interesting is that we are still below the levels of 1990 for walking and only slightly above for biking.

We got rid of our car about eight years ago, but I  think people in the city with kids probably still need to have a car. Once the kids go off to college, however, little is more satisfying than dumping that car.

Enjoy the day!

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Filed under: Mobile, Today's Mission

One Comment

  1. John

    I wasn’t aware that Prop13 cut property taxes at all. I thought it merely limited future property tax increases. And that made sense given that some municipalities were doubling their ad valorem rates year-on-year, which was an intolerable burden on residents and businesses. Hence the massive populist support for Prop 13 which endures to this day.

    And the main impact of Prop13 was not new development, most of which would have happened anyway, as it does in States that do not have Prop13. But rather it led to sky-high state income and sales tax rates which, AFAIK, are both the highest in the nation.

    California has an addictive spending problem and not a revenue problem.

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