If vacant lots and low density housing were taxed more, a lot more of it would be yielded to build high density housing.
Allowing land to be treated as a gold bar like store of hoardable value will inevitably leads to a restricted supply.
Allowing land to be treated as a gold bar like store of hoardable value will inevitably leads to a restricted supply.
NIMBYism in SF real estate is all about people protecting their $2+ million investments. If the "gold bar" suddenly becomes a major tax liability NIMBYism will dissipate.
Building regs are only a small part of the story.