Why Kim-Mai Culter is leaving California for Roam Coliving: A global experiment in co-living...
Adam Rifkin stashed this in California
Read Kim-Mai Cutler's full article on TechCrunch: http://techcrunch.com/2016/03/17/a-global-experiment-in-co-living/
Kim-Mai is leaving the Bay Area because of governance, land use, and taxation issues:
The first part is that I think any kind of real structural reform in California is still at least a decade outâ€Šâ€”â€Šif not longer than that. With the sell-off in public markets, there isÂ some relief coming to the very high-end segments of regional real estate market.
But itâ€™s temporary because theÂ underlying structureÂ of the regionâ€™s fragmented governance, restrictive land-use and taxation policies still favor ever-rising real estateÂ prices.Â These patterns date back to the 1970sÂ andÂ they operate both at the hyper-local and California state levels. They are embedded inÂ both theÂ judicialÂ and legislative armsÂ of the state. They have withstood many boom-and-bust cycles. They will persist long afterwards.
They cannot be solved solelyÂ by the private sector.Â Changing them will probably requireÂ re-evaluating Proposition 13,Â re-considering single-family zoningÂ and shifting land-use control fromÂ a neighborhood level to a regional level, especially in wealthier communitiesÂ that have effectively pulled up the drawbridges behind them. All of these ideasÂ are anathema to the older, property-owning generation. To put this in perspective, these policies either havenâ€™t been touched in 40 years or have never been pulled offÂ in the entire history of the state of California. Less politically controversial but still financially infeasible isÂ theÂ more than $10 billion of dollars of investment that isÂ needed for both public transit in BART and CaltrainÂ and a regional fund for affordable housing for low-income communities.
So I personally think one faster solutionâ€Šâ€”â€Šwhich is already naturally happeningâ€Šâ€”â€Šis to work with lots of other spaces and cities.
BART is literally breaking down, so public transit is getting worse too.
Kim-Mai has long talked about structural issues preventing housing reform in California.
And now she is taking action for herself.
Why SF can't have nice things: Budget has doubled from 2005 to pay people who used to work here.