Caleb Smith

1.4K posts

Caleb Smith

Caleb Smith

@smiththought

Affordable housing nerd. Oakland aficionado. All comments are personal opinions and do not represent the City of Oakland.

Beigetreten Nisan 2014
143 Folgt197 Follower
Chris Elmendorf
Chris Elmendorf@CSElmendorf·
Things to be hopeful about: Both the most progressive & the most mod Dem candidates for CA Gov want to: - slash development fees & exactions - cap r-e transfer taxes - improve construction productivity - prioritize low-cost building w/ state affordable housing funds 🧵/12
Chris Elmendorf tweet mediaChris Elmendorf tweet media
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Caleb Smith
Caleb Smith@smiththought·
@CSElmendorf Could you please point to what you see as the best research on IZ impacts? I hear an argument it stifles development, but some argue it is baked into land prices so the incidence should fall on the original land owner rather than the developer.
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Chris Elmendorf
Chris Elmendorf@CSElmendorf·
All of this makes me hopeful that California housing policy will eventually catch up to Cascadia's, with the state preempting unfunded IZ, cutting impact fees, and removing unnecessary building code requirements. /6 x.com/CSElmendorf/st…
Chris Elmendorf@CSElmendorf

Progressives in the Pacific Northwest are lapping their CA sibs in the race for good housing policy. The latest: An Oregon ban on unfunded inclusionary zoning, with Democratic Socialists leading the charge! 1/3

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Caleb Smith
Caleb Smith@smiththought·
@greenfield64 I remember listening to it in the car going to school. I would get excited at the top of the hour when I heard the jingle starting.
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Jeff Greenfield
Jeff Greenfield@greenfield64·
Your reaction to CBS News shuttering its (100 year+) radio service might well depend on your age. For me, I recall listening to Charles Osgood "versifying" the news, and the "World News Roundup." Does it have any relevance among younger audiences?
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Caleb Smith
Caleb Smith@smiththought·
@SukritGanesh Financing is a factor, but developer profits are subject to strict caps.
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Sukrit Ganesh 🇺🇸 🥑 🚲🛩️
People underestimate the impact of financing and developer profits in BMR housing developments. An apartment building that costs $60 million to build will cost the government closer to $80 million - the developer needs a big cut, and financing alone can top $10 million.
m. stanfield@resetbasis

Here are the project costs for Jubilo Village, a 95-unit affordable housing development in Culver City, CA. $827,242 per unit, and per the developer, only $365,799 per unit is hard cost. No state incinerates capital quite like California. Truly remarkable work, guys.

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Caleb Smith
Caleb Smith@smiththought·
The Arizona approach of allowing kids to use a Waymo if their account is linked to a parent seems like the smart way forward here... this complaint smacks of anti-competitive behavior. sfchronicle.com/sf/article/rid…
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Caleb Smith
Caleb Smith@smiththought·
@Cassy_Horton They are mixing capital and operating/service costs. It’s like taking the entire cost of building a hospital, dividing it across the patients served in the first year of operation, and saying “wow, isn’t the cost of healthcare really high at this hospital!”
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Caleb Smith
Caleb Smith@smiththought·
@charliesmirkley This includes the cost of permanent housing… which will serve many people over the course of decades. Including this as a per person per year cost is mixing apples and oranges.
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Charlie Smirkley
Charlie Smirkley@charliesmirkley·
San Fran: 35K per homeless person in 2019. $102K in 2024. +190%. Floor estimates. Total homeless pop over the same period: up 4%. Source: SF HSH budgets · SF PIT counts
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Charlie Smirkley
Charlie Smirkley@charliesmirkley·
NYC spends more per homeless person than the median NYC household earns. $81,705 per person in FY2025. And $81,705 is a floor. It excludes supportive housing (~$500M/yr), mental health response teams, and NYPD encampment costs. The city projects ~$97K per person in FY2026.
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Molly Cantillon
Molly Cantillon@mollycantillon·
i read california's entire $498 billion budget so you don't have to the wealth tax is supposed to fix our deficit. instead its accelerating it
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Caleb Smith
Caleb Smith@smiththought·
@ChicagoMPO This is shameful. If a reporter has a question, you should answer it
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Chicago Mayor's Press Office
Chicago Mayor's Press Office@ChicagoMPO·
This morning, Mayor Johnson attended the announcement for the second annual Chicago River Swim. It was communicated in advance to each reporter in attendance that due to limited availability, the Mayor would only be able to take on-topic questions. This is common practice for such announcements.
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Caleb Smith
Caleb Smith@smiththought·
@haeslhop You assume each peerage represents 1000 years of experience?!? Most peerages are far younger than that. And unless you ennobled the bene gesserit while we weren't looking, they can't exactly recall what their ancestor was doing in 1837...
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hæslhop 🏴󠁧󠁢󠁥󠁮󠁧󠁿
There are ~800 hereditary peerages in the UK. A conservative estimate means that these 800 peerages represent over 100,000 years of collective experience. The abolition of 92 hereditary seats in the Lords deprives us of access to over 100 millennia of knowledge. And for what?
James Heale@JAHeale

News: the Hereditary Peers Bill has tonight finally passed the Lords, ending centuries of tradition. Expect a handful of life peerages for a smattering of hereds.

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Caleb Smith
Caleb Smith@smiththought·
@pitdesi I'm sure there are always more opportunities, but to give credit where it is due, BART did develop a whole workplan for how to use its real estate: bart.gov/sites/default/…. Some of this Transit Oriented Development is coming along nicely (Fruitvale) while some is early stage.
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Sheel Mohnot
Sheel Mohnot@pitdesi·
I love BART But it's crazy how poorly it has been run! Pre-pandemic, the farebox covered ~70% of your ride, the rest was subsidized by the taxpayers, which is pretty good! Now only about 20% of the revenue comes from the farebox, the rest is borne by taxpayers. NOT GOOD! BART ridership is less than half its pre-pandemic levels. Some of that is due to remote work, but a lot of that is self-inflicted... people just don't want to ride BART as much anymore. They let fare evasion slide (as policy!) for years. Aside from the lost revenue, fare enforcement is a signal. When you stop enforcing fares, people who cause trouble show up, and you see stuff happening on BART that you DO NOT want to see. The people who just want a safe ride to work stop showing up because they have had enough... and then you get a death spiral: fewer paying riders, worse experience, fewer riders. They finally added new fare gates ~6 mos ago, which has helped tremendously, but it was a little late! Farebox revenue has been dwindling, so BART wants SF residents to approve an additional 1% sales tax on top of what is already one of the highest sales tax rates in the country. But they seemingly haven't done much to control costs! We've got >200 BART employees making more than $250K a year. They have a PR team (why?) while the system bleeds riders. They have the strongest public transit union in the country that is unwilling to rightsize the staff for a ridership that is far below what it was. I think they did some permanent damage to the system over the past few years. A lot of offices used to consider BART access as a must-have but now they don't, because people felt unsafe coming in, so companies moved further from BART stops. People will ultimtely come back when they feel safe. And... there's a huge untapped asset: real estate. BART sits on valuable land across the Bay Area. In cities like Tokyo and Hong Kong, transit agencies lease station-adjacent real estate for retail, restaurants, and housing. It's a massive revenue stream, and many train lines around the world are profitable due to the real estate... capture some value of the land you increase by getting passengers there! I once tried to get BART to lease out access to their real estate (they have relatively large stations that could serve retail!), but they seemed to have little interest in it. They'd rather ask taxpayers for more money than unlock value they're already sitting on. The pain here is largely self-imposed. I absolutely love BART but don't think we should pay for their ineptitude! nytimes.com/2026/03/10/us/…
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Caleb Smith
Caleb Smith@smiththought·
@SukritGanesh It’s likely because of a CEQA requirement. In most cities I believe the Planning Director serves as the Environmental Review Officer of record, but I could see why a big city might create a dedicated role for it…
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Sukrit Ganesh 🇺🇸 🥑 🚲🛩️
Why on earth does San Francisco require all new developments to be approved by an "Environmental Review Officer"? Infill development has virtually no environmental impact.
Sukrit Ganesh 🇺🇸 🥑 🚲🛩️ tweet mediaSukrit Ganesh 🇺🇸 🥑 🚲🛩️ tweet media
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Caleb Smith
Caleb Smith@smiththought·
@MemoryMedieval That might be some of it, but wouldn’t the added complexity of modern warfare also be a factor?
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Rob Pyers
Rob Pyers@rpyers·
🚨GOP Representative Kevin Kiley running for re-election as an independent
Kevin Kiley@KevinKileyCA

Gerrymandering is a plague on democracy, one that Gavin Newsom has brought back to California. But there’s a way we can fight back and protect our democracy from his partisan games: by removing partisanship from the equation. Today, I filed for reelection as “No Party Preference.” This means I will not have a party affiliation on the ballot or as an officeholder. That’s how it already is with most offices in our state: mayors, city councilors, school board members, county supervisors, sheriffs, and DAs are all nonpartisan. As an elected representative, I’ve always seen my role as being an independent voice for our community, holding politicians in Sacramento and Washington accountable to serve my constituents. I answer to you, not party leaders. That’s the kind of representation I believe the newly-drawn Sixth District deserves. It is no secret I’ve been frustrated, at times disgusted, by the hyper-partisanship in Congress. In the last year it’s led to the longest government shutdown in U.S. history, a massive increase in healthcare costs, and of course, a pointless redistricting war. The epidemic of gerrymandering has spread from Texas to California to states all across the country. Both parties are complicit. If there is one thing Americans agree on, it is that political division has become a serious problem for our country. We need to find ways for politics to bring us together as Americans rather than tear us apart as partisans. That means, for example, finding pragmatic solutions to make life more affordable rather than each side blaming the other for why it isn’t. We are also living in a moment of dramatic transformation, where technological change could bring incredible opportunities along with unfamiliar risks and dislocations. The ordinary rituals of partisan politics are simply inadequate in these extraordinary times – are simply incapable of meeting this generational challenge. Our ability to work as one team, serving all Americans, is now more important than ever.

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