Hundreds of unsheltered people living in tent encampments in the blocks surrounding the Moscone Convention Center in San Francisco have been forced to leave by city outreach workers and police as part of an attempted “clean up the house” ahead of this week’s Asia-Pacific Economic Cooperation’s annual free trade conference.
The action, which housing advocates allege violated a court injunction, was celebrated by right-wing figures and the tech crowd, who have long been convinced that the city is in terminal decline because of an increase in encampments in the downtown area.
The X account End Wokness wrote that the displacement was proof the “government can easily fix our cities overnight. It just doesn’t want to” (the post received 77,000 likes). “Queer Eye but it’s just Xi visiting troubled US cities then they get a makeover,” joked Packy McCormick, the founder of Not Boring Capital and advisor to Andreessen Horowitz’s crypto VC team. The New York Post celebrated the action, saying that residents had “miraculously disappeared.”
Been wondering, who benefits from all the inflationary costs to living. Is it mainly wall Street, or banks? I’m a home owner, and while my home is worth more, it’s not like I have more money, cause everywhere is expensive.
Aren’t property taxes tied to the value of the house? Expensive houses bring more tax dollars to the government.
Nah, it’s based on the appraised value, which for taxes is always only a fraction of the market value and doesn’t change unless the city does a new appraisal. For instance my house is worth over $200k and the appraised value is something like $70k I’m not an outlier, everyone’s house is appraised like this.