tues 💘

eviction defense lawyer/tax nerd/dem socialist

[Dimitry Yakoushkin @decadimitry]

A plane crashes on a desert island. A yimby, a doctor, and a farmer are the only survivors. Ten months later a rescue team arrives and finds two graves, the yimby, and a halfway built skyscraper. "Oh thank God you're here." The yimby says. "You can help me finish my skyscraper."

[tues 💘 @housing_bae]

@irockgnomes @AlisonB916 This group and PSL both fervently monitoring for Jacobin readership

[DSA San Francisco @DSA_SF]

We did it! Join DSA SF and a great big coalition of people to turn in signatures and get the Housing Guarantee Act on the November ballot. 

Thursday, July 2 at 12:00 p.m.
SF City Hall, Van Ness Steps
RSVP at https://t.co/rUUceAwfbP

Happy Hour to follow!

[tues 💘 @housing_bae]

@Jayseki @elaifresh This is different from campaign PR. It’s deeply concerning to have a Mayor manufacturing narratives about the city under his leadership that conflict with what is actually happening in the city.

[tues 💘 @housing_bae]

@ArmandDoma Difference is that ONE of them has a $30m propaganda arm and the other has an actual movement of human people, not real estate corporations, behind him.

[tues 💘 @housing_bae]

@MattHaneySF abstained and now there will be a measure on the state ballot that prevents grassroots orgs from raising revenue for basic public goods like AFFORDABLE HOUSING. Shame!

[Ashley Zavala @ZavalaA]

Ok now ACA 22 is up in Assembly, which is the 2/3 local special taxes.

Passes 64-1.

ACA 21 withdrawals ACA 13 from ballot.

Both measures head to Senate.

[Ashley Zavala @ZavalaA]

BREAKING: Jon Coupal confirms to me he’s planning to take the Local Taxpayer Protection Act off the ballot if CALeg passes new ballot measure to change CA constitution requiring 2/3 vote for special local tax increases.

Deal would also scrap ACA 13 from November ballot this year, which would have required that any future tax measures requiring vote threshold pass by that same threshold.

Basically, ACA 13 tried to make it harder for an idea like the LTPA to pass.

“This arrangement if agreed to gives what we’ve been promising our members” Coupal told me.

[tues 💘 @housing_bae]

@workertenant Ily

[tues 💘 @housing_bae]

@EricaJSandberg I’m sending this tweet from eviction court - trust me!

[tues 💘 @housing_bae]

Sorry babe, private equity is beating you to it as we speak.

[Erica Sandberg 舊金山的神奇女俠 @EricaJSandberg]

"Gentrify" the Tenderloin! there are so many of these stunning buildings for sale. if I were super rich, I'd buy them up, renovate, and lease to great working tenants. populate the whole area with vested families and individuals who care about their neighborhood. yeah. that's what I would do.

[tues 💘 @housing_bae]

There’s never been a better time to organize your building! Use the SF Anti-Displacement Coalition’s “Union At Home” Toolkit to protect your neighbors from the IPO eviction wave: https://t.co/m8tF0vi72U

[KQED News @KQEDnews]

San Francisco Chinatown Tenants Form Union as Evictions Loom https://t.co/agPe0edfK3

[tues 💘 @housing_bae]

@left_on_alpha @griffinlee415 I have immense faith and pride in the city of San Francisco. I think we should try!

[tues 💘 @housing_bae]

@left_on_alpha @griffinlee415 Reading about how North Dakota’s public bank weathered the 2008 economic storm convinced me of the value!

[tues 💘 @housing_bae]

@1Andrew_J Our measure exempts first sale of multi family buildings from the tax for that exact reason. Read about it!

https://t.co/sPl3fLU8TV

[tues 💘 @housing_bae]

The good news about “affordable housing” is that it caps rent at 30% of your income. NO MATTER YOUR INCOME. Making housing affordable doesn’t neglect “middle income” tenants, it regulates how much rent ANY tenant can be charged relative to income. We all need affordable housing!

[Bilal Mahmood 馬百樂 @bilalmahmood]

I was catching up with a friend at Y Combinator this weekend. This is the first year that even their entrepreneurs are unable to find housing in San Francisco.

To fundamentally address our housing crisis, we must build housing at all levels - market rate, middle-income, and affordable.

Otherwise those benefiting from a trillion dollars in IPOs will simply take what limited housing supply we have left, pricing out those who are already here.

At the Board of Supervisors, we have a couple initiatives to address this right now. We are reducing inclusionary requirements from 15% onsite to 5% so more market rate projects can pencil out. We are doubling the housing trust fund to $125 million a year so we can finance more affordable housing.

We also have pending legislation for transfer tax reform which will help to reduce the cost of construction by $32K a unit for all levels of housing. But due in part to poison pill counter measures by NIMBYs, that effort has been stalled.

As the Chronicle editorial board says: "Ultimately, there is no magic wand for getting housing built in San Francisco. Just a lot of little unmagic wands, mostly involving boring but necessary policy interventions."

[tues 💘 @housing_bae]

@OXHarryH1 https://t.co/sPl3fLU8TV

[tues 💘 @housing_bae]

@OXHarryH1 It’s an existing tax on the sale of real estate over $10m. We’re just dedicating the revenue to affordable housing, as the voters intended when it was first passed in 2020. Our measure also exempts first sale of multi-family buildings. Makes it easier to build!

[tues 💘 @housing_bae]

@1Andrew_J The city’s saying it’s the easiest it’s ever been to build! I guess we just have to wait for the private sector to decide to finance the projects. Until then, we can actually finance affordable housing through the Affordable Housing Guarantee Act! Goodbye now!

[tues 💘 @housing_bae]

@1Andrew_J 44,000