Hacker News new | ask | show | jobs
by TimPC 1212 days ago
The costs of suburbs aren’t astronomical in the Bay Area. There is a reason Strong Towns and the like always talk about suburbs in Missouri. The suburbs that are unaffordable are the $150K home owned by the household making $40k/year. You can’t charge that person the $8k in property tax you need to upkeep a suburb. Charging $8k on a $2 million home in the Bay Area is a lot more doable. It’s a 0.4% property tax rate which should be achievable. The only barrier to Bay Area suburbs paying for things is California’s neo-feudal property tax laws.