In this June 13, 2017, episode, we speak with two distinguished policy advisers on land and housing. Jeff Andrade-Fong works with Tech for Housing to bring the implications of housing policy to the attention of tech workers, and what they can do. Josh Vincent advises land policy on a city-by-city basis using open data and more. Changing policy is hard, but we talk about what people can do about it.
Andrade-Fong spoke about the need to get more people involved at a grassroots level, by taking action online and generating accessible content to demonstrate how issues of housing affordability and land use are intertwined.
“There isn’t a single person in tech or out in the Bay Area that’s not thinking about housing prices. Really, the challenge is starting with this general concern that everybody has around the state of housing crisis… and sort of walking them backwards to what are the two to three to four degrees of separation that gets us to the basic root policy issues that need to be addressed. So, everybody’s thinking about housing prices, some people are thinking about how land use is affecting them, and just making that connection for the rest of the folks is our challenge.”
Vincent has been executive director of the Center for the Study of Economics since 1997. He has consulted for more than 75 municipalities, counties, NGOs and national governments. In his works with tax departments and elected officials to promote Land Value Taxation, he has seen the impact of an LVT policy and knows how to get there.
“One thing that creates or takes away land value — or desirability if you want to get out of the economics — is zoning. Zoning trumps all; it’s like a god. Prop. 13, yeah it’s going to be almost impossible to change in the near term, unless you come at it from the flanks.
“For example, going after commercial property, which is subject to Prop. 13 and almost nobody considers that the non-residential property is is going along for the ride too on prop 13 and maintaining that quality of life. But when you change zoning or land use regulations you change value, and by clawing back hyper-restrictive zoning of the Bay Area, you’re therefore going to have more affordable land and more units per parcel.”
Prop. 13 could be partially rescinded in terms of commercial property, or the pursuit of reduced zoning restrictions could continue to happen on a local level, followed by regional and state. Ultimately, less restrictive zoning is only one part of the puzzle. Vincent and Andrade-Fong both suggested that as San Francisco sees the prevalence of owner-occupier homes continue to fall, people will become more receptive to the idea of a Land Value Tax. I think the key is to loosen up restrictions allow the sort of like natural course of events as a player where everything becomes
“I think the key is to loosen up restrictions, allow the natural course of events to play out where everything becomes more urban, and I think in that environment people are more open to what more so feels like taxing their landlords,” Vincent said.
Listen to the full conversation below:
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