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UID:Indybay-18851662
SEQUENCE:19014204
CREATED:20220822T045200Z
DESCRIPTION:Wow! YIMBY wants more housing. 48 Hills publishes stuff about getting more 
 affordable housing. Housing, housing, housing! \n\nAnd yet neither voice . 
 . . or any other, for that matter, takes on the Donnie Trump in the room, 
 namely who owns the land values under whatever housing gets built. What's 
 so important about land values? In your imagination put any piece of San 
 Francisco housing in, say, Fresno. What happens to the rent? It goes down, 
 doesn't it? That differential is land value.\n\nNeither YIMBY nor 48 Hills 
 talks about land value as properly belonging to society rather than the 
 public, but they should. Land is not produced. It's not capital. It's a 
 gift of nature. And its value is created, place to place by the presence of 
 community.\n\nYou're welcome to attend a roundtable--and you'll be at the 
 table!--critiquing all the SHOULDS that YIMBY and 48 Hills lay on us. 
 SHOULD build more. SHOULD build subsidized by taxes on rich people.\n\nThe 
 deep social question is, "Why should we go on subsidizing people who own 
 the earth by allowing them to keep as equity or rent income the value of 
 the earth as portrayed in that SF - Fresno land value 
 differential?"\n\nSilence on the land question is the "Donnie Trump 
 factor." Donald Trump's fortune, whatever it is, is predicated on owning 
 the land on which your housing and job sits.\n 
 https://www.indybay.org/newsitems/2022/08/21/18851662.php
SUMMARY:Critiquing YIMBYs, 48 Hills on the housing debacle
LOCATION:ZOOM:\nhttps://us05web.zoom.us/j/81510133753?pwd=RzNNNUMwMml1SnlsSXcxQlFaWm00dz09
URL:https://www.indybay.org/newsitems/2022/08/21/18851662.php
DTSTART:20220826T020000Z
DTEND:20220826T030000Z
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