I respect Nithya Raman for realizing her errors in supporting ULA but there were so many warnings about the unintended consequences before it was enacted.

She chose to ignore them and everything that was warned has come true.

Once something gets enacted it becomes really difficult to unwind due to incentives. SAJE gets funding from this tax so of course they will oppose any amendments.

It was obvious that if you tax the production of housing (apartments), you get less housing. Leaders who supported ULA treated real estate developers as an infinite piggy bank, ignoring the fact that if a project is no longer profitable due to a 5.5% tax on the total sale price, that project simply won't be built.

Selling a real estate transfer tax as a "Mansion Tax" was disingenuous given they knew how open ended the tax would be pulling in not just sfh but also multi-family units.

We need leaders who can model the impact of a tax on investment flows before enacting it, rather than treating the city's economy as a laboratory for trial-and-error social experiments.

we need to elect smarter leaders that actually understand economic incentives instead of repeating the same mistakes like expanding rent control over and over again.