Community Town Hall
San Francisco real estate
w/ Supervisor David Campos
Come join other Commoneers in advocating for a "Benefit Assessment" district version of Land Value Tax for San Francisco!
It’s all about who owns the value of land. Builders deserve full compensation for their labor. The building materials sellers deserve full compensation for their materials. So if real estate prices are too high in San Francisco, who should take the rap? Should we blame the builders? Blame the lumber yards?
How about the high price of land in San Francisco? Where did that come from? Did the maker of land (!!!???) make it? Did the owner of land cause the bump-up in the price of “location, location, location?”
Think about it. The price of land is the result of the growth of population and the income of that population. In short, the price of San Francisco land is the result of the growth of community.
The logical, ethical, economically sound thing to do is RETURN LAND VALUE TO THE COMMUNITY.
9TH District Supervisor David Campos is going to be present at the Monday, October 28 Town Hall meeting on San Francisco real estate
sponsored by SF Alliance of Californians for Community Empowerment (ACCE), Bernal Heights Neighborhood Center and San Francisco Tenants Union. For more info, call 415-335-7033 or email sfacce [at] calorganize.org
But we're The Commons SF, San Francisco’s grassroots organization committed to returning land values to the community, and though we will listen to true stories of banksterism, and listen to models for cross-subsidizing the poor or unlucky, we're advocates of fundamentally putting things right, in ways that pre-empt poverty and neutralize being unlucky.
Pressure Supervisor Campos to implement a land use fee equivalent to the annual rent of “location, location, location.” This will kill land speculation, fully fund the city, and enable the elimination of the Sales Tax, the Property Tax on buildings, Business Taxes, and the SF residents ‘State Income Taxes. It will also reduce future mortgages by half.
You can call for cross subsidies that cost builders full compensation, lumber yards full compensation, and which only slightly dampen land values, which are the actual cause of San Francisco’s high real estate prices. Subsidize or end land speculation.
Check out http://www.TheCommonsSF.org