bistenes.bsky.social
Economist and data guy. Research & organizing around the housing crisis. Socialist 🌹 urbanist 🚲 . Newsletter: https://rentrentier.com
👤 Joined on 21 November 2024
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The generation that got to buy cheap houses thanks to a postwar construction boom, then blocked new housing construction to juice their asset values is now whining that they have to pay taxes on their unearned wealth. Just breathtaking selfishness.
Show PostEvery time I learn about a Mills Act tax exemption in Berkeley I become incandescent with civic rage. $37k per year subsidy to this 7,700-square-foot mansion that occupies 4 parcels.
Show PostA woman accidentally dropped her keys as she was rushing out of a BART train just now and didn't notice! Half the train yelled as a teenager ran to catch her, returned her keys and jumped back on the train before doors closed Trains are every 20 minutes at this hour so this was a total hero move
Show PostI voted against Prop 45 but I still want legislative CEQA reforms. I am still mad about the 420MW solar power plant that got downsized to 130MW after being sued by the Sierra Club on behalf of a lot of rich San Francisco people with vacation retreats and hobby ranches. CEQA was the problem here.
Show PostUpdated this chart for 2026: property taxes paid by year parcel developed in Berkeley, California. Buildings from this decade pay more taxes than everything Berkeley built in the 1970s, 1980s, and 1990s combined. Note: Tax data is current but building data ends in 2025.
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