Re:In Cramped and Costly Bay Area, Cries to Build, Baby, Build
by CamperBob2 on Sunday April 17, 2016 @05:36PM
(#11516435)
The truth is that real estate in SF is limited largely by anti-growth laws.
Someone in another thread pointed out that if this were the problem, New York would be the cheapest place in the country.
The local anti-growth political sentiment is a problem but ultimately there's just not that much space in SF to expand into, being a peninsula. Any sustained expansion of housing in SF will have to happen vertically, at which point we're back to the NYC example. The additional housing won't be "affordable" unless the developers are forced to build the 21st-century equivalent of Cabrini Green.
Someone in another thread pointed out that if this were the problem, New York would be the cheapest place in the country.
The local anti-growth political sentiment is a problem but ultimately there's just not that much space in SF to expand into, being a peninsula. Any sustained expansion of housing in SF will have to happen vertically, at which point we're back to the NYC example. The additional housing won't be "affordable" unless the developers are forced to build the 21st-century equivalent of Cabrini Green.