> Housing has lagged behind commercial projects in part because it is less lucrative for municipalities. Land that goes to residential uses tends to bring in less tax revenue—and requires more services like schools and parks. San Jose last year estimated that for every 1,000 square feet of single-family housing, the city budget takes a net loss of $255 a year, compared with a gain of $1,064 for the same size commercial space.
The taxes are too damn low!