Editor,
Why doesn’t anyone discuss the biggest obstacle to producing affordable housing? Taxes. For example, homeowners who want to construct an accessory dwelling unit will be assessed escalating property taxes in perpetuity. This cost is then added to the rent.
The California voter guide states Proposition 15 will initially provide no funds but will require hiring assessors who will decide what commercial properties are worth. Does the government really need to hire more employees with pensions to collect more taxes? Who really ends up paying the higher taxes? Will companies close and will jobs be lost?
Bill Williams
San Mateo
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(2) comments
This is FUD. Mixing affordable housing & ADU taxes in with Prop15 that has nothing to do with those subjects is not valid editorial content and shouldn't be given print space. Irresponsible editorial oversight to print this.
Taxes aren't anywhere close to being the biggest obstacle to affordable housing; I'd encourage you to actually converse with someone who works in the field before you make silly claims like this.
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