Re:The Housing Market in San Francisco and Ideas to Fix It
by pinaceae on Thursday April 07, 2016 @02:42PM
(#11449543)
BART now designates high-cost areas. You can see it in the tri-valley, the new Whole Foods in Dublin is a good indicator. Now they want to build an IKEA next to it.
Poorer, non-tech people are getting pushed out to Tracy and made-from-scratch exurbs like Mountain House.
SF is just the center, Oakland/Berkley is getting hit hard now. The Uber acquisition of that large office complex in Oak has set off a bonanza. The hipster brigade is already popping up in weird places in Oakland. Really not sure where all the poor people will go.
There is one, weird, and very not pc observation though: old home owners get pushed out, but in the East Bay you see a lot of Indian newcomers moving in - and not highly paid executives, but Indian fresh out of rural areas in India, men in sandals (no socks, ever) and women in full garb. Where is that money coming from?
Poorer, non-tech people are getting pushed out to Tracy and made-from-scratch exurbs like Mountain House.
SF is just the center, Oakland/Berkley is getting hit hard now. The Uber acquisition of that large office complex in Oak has set off a bonanza. The hipster brigade is already popping up in weird places in Oakland. Really not sure where all the poor people will go.
There is one, weird, and very not pc observation though: old home owners get pushed out, but in the East Bay you see a lot of Indian newcomers moving in - and not highly paid executives, but Indian fresh out of rural areas in India, men in sandals (no socks, ever) and women in full garb. Where is that money coming from?