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.@_AllInBaseball Upperclass Select’s Cruz Alfaro (@CruzAlfaro_1) smokes a triple to deep CF. Capuchino (CA) 2027 #uncommitted# Profile:
FAI @Allinallnotbad argues that California may have to wait for a generation of homeowners to die before it can meaningfully reform its housing laws: "The problem with zoning is you have to think about who’s actually benefiting from the rezoning. If you have a Century City situation where people want to upzone to that, fundamentally that is going to drive down the amenities of people around them." "I really don’t think with Prop 13 the way it is right now, that’s gonna happen." "I think you probably just have to wait for a lot of the people who own California homes to kick the bucket. And then you’ll have at least enough of an incentive through the tax structure to fix this." @JoinFAI
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FAI @Allinallnotbad reveals why fixing California's housing crisis means taking on one of the most powerful political alliances in the country: "You need one acute issue that will attract a broad amount of attention. In California that’s probably housing." "The combination of Prop 13 and the Coastal Commission have created one of the most effective political coalitions that exists on the planet, between the California homeowners and the environmentalists." "You need to find a way to split the group of homeowners into their relevant individual interests, because if you treat them as a block, you’re never gonna be able to get away with it." "The only thing that has successfully been done is the ADU work, which is quite impressive, but it’s not going to move the needle." @JoinFAI
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FAI @Allinallnotbad argues that Texas rewards landowners for building, while California effectively rewards them for doing nothing: "Texas will effectively let you use your land as long as you are using it. But if you’re not using it to develop anything, they’ll just absolutely take it away from you." "And California doesn’t care what you do with your land, as long as you do nothing with it." "That was basically the two structures that they’ve put in place that have carried through to the modern day. And there are some benefits to the California version, and I think it’s actually worth stating those." @JoinFAI
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A ALLINU whale just bought $3.68K of $ALLINU at $3.66M MC 🐳
A ALLINU whale just bought $3.35K of $ZERO at $719.92K MC 🐳
A ALLINU whale just bought $5.01K of $FLEX at $492.28K MC 🐳
🌱 New Pair: A ALLINU whale just bought $1.09K of $oracle at $182.27K MC 🐳
🌱 New Pair: A ALLINU whale just bought $2K of $SI at $1.7M MC 🐳