Re:Housing in the Bay Area
by apsec112 on Wednesday May 25, 2016 @10:56PM
(#11774994)
Articles by Tim Redmond are usually full of misinformation, and that one (link #1) is no exception. I could go on forever, but eg., he says:
"The problem is that the building and real-estate industries have a huge lock on California politics."
San Francisco is the #1 most development-hostile major city in the world. According to World Bank data, even in places like Ethiopia and Zimbabwe, it's still much easier to get planning permits than it is in SF. Blaming the power of the real estate industry for San Francisco's rents is like blaming the Chinese famines on capitalist saboteurs.
"The problem is that the building and real-estate industries have a huge lock on California politics."
San Francisco is the #1 most development-hostile major city in the world. According to World Bank data, even in places like Ethiopia and Zimbabwe, it's still much easier to get planning permits than it is in SF. Blaming the power of the real estate industry for San Francisco's rents is like blaming the Chinese famines on capitalist saboteurs.