This is one of the clearest breakdowns I’ve read on why a repeal-and-replace path for Prop 13 has to be housing-centered, not fairness-centered. Your Menlo Park example says it all,tax caps that once protected homeowners are now shielding underused land in some of the state’s most buildable corridors.
But here’s my question: What’s your take on how this reform would interact with CEQA and local planning commissions? Even with capital gains exemptions and school bond incentives, don’t we still run into years of delays unless parallel reforms streamline entitlement? Would love to hear your view on that bottleneck.
And you are 100% right that there is no true silver bullet. Freeing up more development sites that require a CEQA review or are otherwise blocked by local planning commissions wouldn't do much, so absent reform on that front a new property tax regime would likely free up smaller sites or others that would be CEQA exempt. So much more work is needed for sure!
This is one of the clearest breakdowns I’ve read on why a repeal-and-replace path for Prop 13 has to be housing-centered, not fairness-centered. Your Menlo Park example says it all,tax caps that once protected homeowners are now shielding underused land in some of the state’s most buildable corridors.
But here’s my question: What’s your take on how this reform would interact with CEQA and local planning commissions? Even with capital gains exemptions and school bond incentives, don’t we still run into years of delays unless parallel reforms streamline entitlement? Would love to hear your view on that bottleneck.
Appreciate the kind words -
And you are 100% right that there is no true silver bullet. Freeing up more development sites that require a CEQA review or are otherwise blocked by local planning commissions wouldn't do much, so absent reform on that front a new property tax regime would likely free up smaller sites or others that would be CEQA exempt. So much more work is needed for sure!