Surprise! Taxes (and Fees) are Paid by Consumers
The City Council is beginning the process of passing its version of Mandatory Inclusionary Zoning (MIZ), Mandatory Housing Affordability. This will charge fees on every square foot of new housing in the City beginning later this year. It’s called a fee, but it really works more like a tax, taking money from the market’s production […]
Looking Back at 2018 and Forward to 2019
The end of the year always brings reviews of the past twelve months and prognostications about the future. Here are mine about the past year and next year in housing policy and politics. Warning: Be Careful of what you conclude about the rejection of the “Head Tax”—Lots of people in the business community, I think, […]
Why is Non-Profit Housing So Expensive? Take a Closer Look at Unit Size
We’re waiting for the official release of the Joint Legislative Audit and Review Committee (JLARC) study on why or whether non-profit subsidized housing is more costly to produce than market rate, for-profit housing. Today at Forbes I go on at length about why that is the case. I think the answer may be that market […]
