Re:In San Francisco and Rooting for a Tech Slowdown
by Apocryphon on Tuesday March 08, 2016 @03:07PM
(#11248134)
But there are many groups of people involved. Not everyone angry at tech workers, or at rising costs of living, are also anti-more housing. That's completely nonsensical. There are many people in San Fran and there are many different agendas.
But the real issue is that supply and demand is distorted in the area: no new supply, increasing demand. It doesn't take an engineer to see where that equation leads. Add rent control on top of that and you have modern San Francisco.
Time to open the floodgates and build. What would be wrong with Korea style 60 story housing? The problem is that people want quaint B&B style neighborhoods yet they complain about everyone wanting to live there; rather than addressing the supply issue, they want to address the demand issue. You can't even replace a toilet without having to go through regulatory and permitting hell.
I am not sure what people in San Fran actually want. It seems like they want an amazing place that's affordable while lamenting that everyone else wants to live there too.
I do take some comfort in the fact that this is one thing that can't be blamed on Republicans.