Eric Young reports on a "Stop the Flip" ordinance that will appear on the November ballot in San Francisco.
"[The] proposal would impose a steep transfer tax on people who buy and sell multi-unit buildings within a five-year period. The rate starts at 24 percent if the sale takes place in the first year and lowers to 14 percent after five years," reports Young.
"The ballot measure includes exemptions for single-family homes, condos or owner-occupied tenants-in-common units."
As San Francisco has proven time and time again, change is likely to provoke public opposition. In this case: "Opposition is likely to come from property owners. Some opponents also point out that rather than slowing or leveling out property prices the measure could drive up prices if it leads to fewer buildings available for sale."
FULL STORY: Voters could slam S.F. house flippers with major tax
San Francisco Rents Cheaper Now Than in 2020
Though ‘cheap’ is a relative term.
San Francisco Housing Construction Far Slower Than Other Tech Hubs
Experts blame high land and construction costs and restrictive regulations for San Francisco’s dismal rate of housing construction, which lags behind other fast-growing cities like Austin and Seattle.
Housing Costs More Than a Matter of Supply and Demand
Does new market rate housing increase the average cost of housing, by inducing demand, or does it help stabilize the housing market by offering new supply? The debate continues in San Francisco.
Planetizen’s Top Planning Books of 2023
The world is changing, and planning with it.
Chicago Red Line Extension Could Transform the South Side
The city’s transit agency is undertaking its biggest expansion ever to finally bring rail to the South Side.
How ‘Daylighting’ Intersections Can Save Lives
Eliminating visual obstructions can make intersections safer for all users.
Green Spaces Benefit Neighborhoods—When Residents can Reach Them
A study comparing green space and walkability scores found that, without effective access to local parks, residents of greener neighborhoods don’t reap the health benefits.
Eugene Ends Parking Minimums
In a move that complies with a state law aimed at reducing transportation emissions, Eugene amended its parking rules to eliminate minimum requirements and set maximum parking lot sizes.
Chicago Announces ‘Better Streets for Buses’ Plan
The plan establishes a ‘toolkit’ of improvements to make the bus riding experience more reliable, comfortable, and accessible.
Alamo Area Metropolitan Planning Organization
City of Morganton
San Joaquin County
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
Chaddick Institute at DePaul University
Park City Municipal Corporation
National Capital Planning Commission
City of Santa Fe, New Mexico
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
