Wednesday, February 6, 2019

Marsha Marsha Marsha, letter to the editor

APCHA APCHA APCHA, Marsha, Marsha, Marsha.

Yep, it’s human nature, find yourself in a deep dark hole… dig in deeper.

Why would government discourage real estate development when government is funded by taxes on real estate sales? Endless growth… that’s our economic model…that’s our vicious circle.  APCHA’s circa 1970’s rules are not carved in stone… time to smash them.

Solution 1: Stop being a real estate economy… foster other economic drivers.
Solution 2: Pay the servants more.
Solution 3: Tax the masters more.

We complain that APCHA should sustain itself and limit free market potential in the same breath. APCHA puts a cap on earnings for residents and a limit on tenure. APCHA restricts rentals and resale.  APCHA also cedes maintenance and responsibility for maintenance to those same residents. So, live below the Aspen poverty line if you want to keep your home, move or die at the end of your term, and don’t repair anything because you don’t have the money to do it much less the opportunity to recoup the cost on resale.  Local government gives lip service to lower priced lodging and slaps fines on APCHA residents who rent out a couch during Xgames which in turn facilitates the  highway 82 bumper car fun when our 100,000 new best friends rent homes below Basalt. The entire system is perched on the head of the very wobbly pin of the real estate transfer tax… so if we actually stop selling off paradise and leave room for trees, elk and a lion or two…. we lose the cash for “affordable housing”.

Solution 1: An Arts economy. 
Solution 2: Link wages to a percentage of profit. (or…ducking... muttering under my breath …. make what we pay City staff in cash and benefits the minimum required for all workers in Aspen….at very least give any company with an Aspen Business License the opportunity to buy into City health care)
Solution 3: A billionaire income tax… for those who claim Aspen or Pitkin County as their primary residence. It will still be cheaper than NYC or LA. This links our tax base to our wealth index instead of  build, buy, or die base.

Bonus initiatives? Want to slow development? Require net zero for every new building… including government buildings… including the lift 1A corridor. Want to reduce traffic? Restrict traffic to EV vehicles and subsidize EV purchases…(at very least stop subsidizing non-EV vehicles - like the Downtowner vans). Want to subsidize housing? The City could co-sign existing free market housing for residents and be a guarantor for the first, last and damage required for every long term lease  (It will be a long long time before that expense reaches the cost of one Burlingame bedroom).

Oh yeah, rumor has it we have an election coming up. Vote for the candidate who can stop digging a deeper hole and think themselves out of the damned box.



Think the Green New Deal  is radical? There is an alternative "little ice age" genocide.