[nradov]

People don't choose to live in cities like Santa Cruz for the architecture. That's kind of missing the point. No one cares what the buildings look like.

Noted VC Peter Thiel reduced his investments in the SF Bay Area because housing got too expensive. Most of the funding just flows to landlords.

https://www.sfgate.com/expensive-san-francisco/article/peter...

[bombcar]

So repeal prop 13 for non-owner occupied properties, and tax rental income at insane amounts.

[millimeterman]

You are effectively just proposing an enormous tax (read: price increase) on renters, which seems like the exact opposite of what needs to be achieved. I would support completely repealing prop 13 though.

Demonizing landlords, developers, and property investment firms at best does nothing and at worst actively makes the housing situation worse by further restricting supply. No amount of disincentives to property ownership will solve the core, fundamental problem that _there is not enough housing_. Any solution that doesn't increase supply is no solution at all.

[bombcar]

As prices on rentals rise high enough there won’t be a renters anymore - because at 100% tax all the landlords would sell.

At that point, all housing is owned by the housed and they can decide if they want more supply (they won’t).