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Re:Changing San Francisco is foreseen as a haven for wealthy... by elastic_church on Monday January 23, 2017 @02:46PM (#13465274)
I looked at housing prices in SF going back to 1920, and the year over year increases are still in line with the annual increases we see today.

All the rhetoric and oddly empowering blame game to the tech industry (at least for us tech people) is merely trendy.

The only thing that stopped keeping up are salary increases.

Re:Changing San Francisco is foreseen as a haven for wealthy... by who_is_firing on Monday January 23, 2017 @03:12PM (#13465526)
Over the last 100 years, the Bay Area has created a regulatory environment which essentially has made increasing housing supply 100x more difficult than the average American city. This would be "fine" if the population of the area was constant.

"Unfortunately" the area has been a source of economic growth for the last century as well. So you need two things for high housing price growth: 1) factors that restrict housing supply from responding to the market 2) economic growth or some other factor to make people want to move to the city.

For the NIMBYs, they are ok with #1. They desire that their city stays the same, it has the same architecture, unblocked vistas, the density they are used to, the natives they know.

So the NIMBYs argue to those affected by high housing costs that #2 is the real factor, i.e. "if rich people stopped moving here we would be ok". #2 is the easier argument to make, as it casts the narrative as outsiders vs natives. #1 appeals to the existing natives since they don't want change.

We have to figure out a way to change the message to awareness of #1. The average Bay Area resident has no idea how many of our state and local laws are in place to make sure that market rents / housing prices can be as high as possible.

Re:Changing San Francisco is foreseen as a haven for wealthy... by rsync on Monday January 23, 2017 @09:53PM (#13468430)
"For the NIMBYs, they are ok with #1. They desire that their city stays the same, it has the same architecture, unblocked vistas, the density they are used to, the natives they know."

... which is a totally reasonable, perfectly rational position. Further, it is a policy regime that has been achieved democratically.

Personally, I am very much in favor of infill. There is a lot of crappy two story housing stock in san francisco that has no charm and no aesthetic value and would lend itself perfectly to at least doubling of density.

But let's not talk about the opponents of this as if they are flat-earthers or white supremacists or something - their stance is just as reasonable as any other socio-economic-political view.

Re:Changing San Francisco is foreseen as a haven for wealthy... by santaclaus on Monday January 23, 2017 @10:28PM (#13468583)
> But let's not talk about the opponents of this as if they are flat-earthers or white supremacists or something

Sure, but NIMBYism is in direct opposition to a more socially equitable and environmentally sustainable future. To claim to be progressive while espousing gated-community like values (which is quite common in the Bay Area) is, well, a bit troublesome.

Re:Changing San Francisco is foreseen as a haven for wealthy... by rsync on Monday January 23, 2017 @11:12PM (#13468746)
"Sure, but NIMBYism is in direct opposition to a more socially equitable and environmentally sustainable future."

I hate to nitpick, but ...

NIMBY is a general term that refers to preserving a particular, entrenched environment.

So yes, San Francisco NIMBYism in early 21st century does seem to be in opposition to increasing environmental sustainability. I'm sure there are plenty of NIMBY environments around the world that don't fit that mold, though.

The socially equitable part is more of a reach, however.

Nobody has a gun to their head forcing them to live in San Francisco and likewise, nobody[1] is starving in San Francisco. John Smith who bought a home in SF in the early 80s and is retired on his post office pension and social security shouldn't be redistributing his wealth to anyone.

[1] That is to say, nobody that isn't mentally ill or detached from reality.

Re:Changing San Francisco is foreseen as a haven for wealthy... by Inconel on Monday January 23, 2017 @11:30PM (#13468814)
I'm not sure how we go from John Smith opposing high density development to John Smith being asked to redistribute his wealth to anyone? While we're on the topic of wealth redistribution though, perhaps John Smith shouldn't demand that younger people redistribute their wealth to him so that he can keep paying taxes on his property that are well below the current levels. All the while railing against any effort to make housing and transit more affordable.

>[1] That is to say, nobody that isn't mentally ill or detached from reality.

I too hate to nitpick, but...unless we're taking a very literal view of starving, as opposed to a constant struggle to feeding yourself, you should check out the percentage of SF schoolchildren on subsidized lunches or perhaps spend some time among the homeless, particularly homeless youth. I can assure you there are plenty of people going hungry in SF.

I suppose you are correct in that no one is holding a gun to their head though, just a case of bad luck I guess.

Re:Changing San Francisco is foreseen as a haven for wealthy... by rsync on Tuesday January 24, 2017 @12:39AM (#13469078)
"just a case of bad luck I guess"

Middle class americans priced out of SF are among the global 1%. It's stupendous luck.

Re:Changing San Francisco is foreseen as a haven for wealthy... by emj on Tuesday January 24, 2017 @03:50AM (#13469777)
I have lived with people far under the 50% and they can have it much better than the sane homeless living of the scrap of the 1% in the west. Sure most opportunities here in the west will never be available to them, that doesn't make people who have been unable to take advantage of those lucky just to have them.
Re:Changing San Francisco is foreseen as a haven for wealthy... by Inconel on Tuesday January 24, 2017 @01:31AM (#13469251)
Point taken. I'll make sure to tell the next homeless teen I see in SF how lucky they are.

And yet it's your hypothetical John Smith homeowner who I should be sympathetic to.

Re:Changing San Francisco is foreseen as a haven for wealthy... by crdoconnor on Tuesday January 24, 2017 @10:48AM (#13472261)
>Nobody has a gun to their head forcing them to live in San Francisco and likewise, nobody[1] is starving in San Francisco. John Smith who bought a home in SF in the early 80s and is retired on his post office pension and social security shouldn't be redistributing his wealth to anyone.

If John Smith is renting out his house for $4,000 a month it's other people who are redistributing their wealth to him.

Privately owned land is essentially another form of privatized tax collection and all the same rules about guns being pointed at you apply.

Re:Changing San Francisco is foreseen as a haven for wealthy... by redditmigrant on Tuesday January 24, 2017 @04:55AM (#13470043)
>But let's not talk about the opponents of this as if they are flat-earthers or white supremacists or something - their stance is just as reasonable as any other socio-economic-political view.

Sure. The NIMBYs are not flat-earthers but they are definitely an impediment to attracting the next generation of young entrepreneurial people to this area. While building more housing might hurt them slightly in the short term, it needs to be done for the greater good. If this needs legislation at the state level, so be it. In this scenario I have very little sympathy for the rational NIMBYs. They had the opportunity for years to responsibly increase the housing supply so that we didnt need heavy handed approaches, but they chose to be greedy and short sighted which means they will have to loose their power.

Re:Changing San Francisco is foreseen as a haven for wealthy... by narrator on Monday January 23, 2017 @03:36PM (#13465750)
Maybe the restrictions on building created the growth? The Bay Area is an awfully nice place to live if you have money. Every other American city, except for maybe New York City, is endless chain store filled sprawl which requires a car to do anything in. Even New York requires a minimum two hour drive to get to some decent natural scenery while with San Francisco you don't have to go very far to get to be in a great natural environment.
Re:Changing San Francisco is foreseen as a haven for wealthy... by dcposch on Monday January 23, 2017 @05:28PM (#13466735)
I made a zoning map of SF yesterday. A lot of our city is sprawl, too: one house, one driveway, one garage per lot.

https://dcpos.ch/yimby/zoning

We can get two birds with a stone by building housing: make our city more walkable and beautiful, and also alleviate the housing shortage .

Want to support infill, upzoning, and want to beat the NIMBYs? Consider joining SF Yimby.

It's a small group of ppl who care a lot about this, they're smart and effective, and many of these local issues are right on the bubble around 50% support in low turnout elections. This means, with a bit of activism, you can swing the outcome.

Re:Changing San Francisco is foreseen as a haven for wealthy... by nshelly on Tuesday January 24, 2017 @01:22AM (#13469223)
I'd also recommend joining the efforts to put "split roll" (removing the Prop 13 restrictions for commercial property) on the ballot in 2020. The biggest turnouts are in presidential election years and there should be an electrified voter base then. Zoning is often favored by well-heeled incumbents, many who get a free ride on new homeowners, and with a stable tax base cities can begin to invest again in more infrastructure, schools, parks, etc.

https://www.facebook.com/MakeItFairCA/videos/164108883947055...

Re:Changing San Francisco is foreseen as a haven for wealthy... by who_is_firing on Monday January 23, 2017 @07:46PM (#13467840)
This is awesome. I'd like to support yimby efforts. Do you have a link where I can see how I can contribute as developer?
Re:Changing San Francisco is foreseen as a haven for wealthy... by cwsmith17 on Monday January 23, 2017 @09:22PM (#13468306)
Their website is SFYIMBY.org. I work for another organization that does similar work called the San Francisco Housing Action Coalition.

There are plenty of pro-housing organizers in San Francisco if you're willing to get plugged in and volunteer.

Re:Changing San Francisco is foreseen as a haven for wealthy... by schrodinger on Tuesday January 24, 2017 @05:18AM (#13470155)
Re:Changing San Francisco is foreseen as a haven for wealthy... by dcposch on Friday January 27, 2017 @08:40PM (#13504289)
@who_is_firing what's your Github?
Re:Changing San Francisco is foreseen as a haven for wealthy... by foggyeyes69 on Monday January 23, 2017 @08:57PM (#13468199)
How do you join?
Re:Changing San Francisco is foreseen as a haven for wealthy... by SonjaKT on Tuesday January 24, 2017 @12:32AM (#13469056)
Add the sfbarf/ sfYimby calendar to your google calendar: http://www.sfbarf.org/

As you can see, there's at least one thing to do per week. Our monthly meetings are the 1st Wednesday of the month but there is a ton of stuff to do besides that.

Re:Changing San Francisco is foreseen as a haven for wealthy... by dcposch on Tuesday January 24, 2017 @12:27AM (#13469034)
sfyimby.org !

there are meetings every month, next one should be posted soon. https://facebook.com/pg/sfyimbyparty/events/

Re:Changing San Francisco is foreseen as a haven for wealthy... by dcposch on Friday January 27, 2017 @09:24PM (#13504457)
Also @foggyeyes69, do you have a Github?

Putting together a list of technologists who care about Yimby stuff.

Re:Changing San Francisco is foreseen as a haven for wealthy... by coldtea on Monday January 23, 2017 @03:46PM (#13465833)
>Every other American city, except for maybe New York City, is endless chain store filled sprawl which requires a car to do anything in.

Ever been to Chicago, New Orleans, Austin, San Diego, Denver, Santa Fe, Boston, Providence, Miami etc?

Re:Changing San Francisco is foreseen as a haven for wealthy... by dionidium on Monday January 23, 2017 @08:22PM (#13468025)
Every large U.S. city has one or two more or less walkable neighborhoods. My last two apartments in St. Louis had walkscores of 84 and 93, respectively. But St. Louis is not walkable in any general sense and neither are most of the cities you listed.
Re:Changing San Francisco is foreseen as a haven for wealthy... by dpark on Monday January 23, 2017 @08:26PM (#13468046)
Neither is most of the Bay Area.
Re:Changing San Francisco is foreseen as a haven for wealthy... by ch4s3 on Monday January 23, 2017 @06:01PM (#13467036)
I agree about Chicago and Boston, and I've never been to New Orleans. However, you can't walk anywhere in Austin.
Re:Changing San Francisco is foreseen as a haven for wealthy... by dionidium on Monday January 23, 2017 @08:28PM (#13468056)
I went to a CocoaConf in Austin two years ago. I snapped a lot of desire path photos, because my daily walk from my hotel to the conference was mostly devoid of pedestrian facilities, including even sidewalks.

http://m.imgur.com/a/NhaYH

Clearly, people are walking there, but the city doesn't seem to give a shit.

Re:Changing San Francisco is foreseen as a haven for wealthy... by jacobush on Friday January 27, 2017 @04:36AM (#13498726)
TIL desire path
Re:Changing San Francisco is foreseen as a haven for wealthy... by dfinninger on Monday January 23, 2017 @07:29PM (#13467737)
I mean, if you live and work downtown it's pretty alright.

But then you don't really have easy walkable access to Burnet, East Side, SoCo, etc. I mean, you get 6th. Maybe Rainey depending on where you live downtown.

But yeah, I lived halfway to Bee Cave and worked on 360. That made me much happier than being directly downtown.

Re:Changing San Francisco is foreseen as a haven for wealthy... by wybiral on Monday January 23, 2017 @09:24PM (#13468311)
I live in Austin (central, Hyde Park area) and walk, bike, or bus everywhere.
Re:Changing San Francisco is foreseen as a haven for wealthy... by ghaff on Monday January 23, 2017 @06:27PM (#13467252)
Those are probably the only two cities on that list which would be (relatively) doable without cars. Pretty good public transit and significant areas that are fairly dense.

Not New Orleans. Like any city, you can identify areas where you might live and work without a car but you're going to have pretty limited mobility. Public transit is somewhat better than it used to be but it's still fairly limited--now a variety of streetcars but no subway for obvious reasons.

Re:Changing San Francisco is foreseen as a haven for wealthy... by angersock on Monday January 23, 2017 @04:01PM (#13465973)
~ fly-over country ~
Re:Changing San Francisco is foreseen as a haven for wealthy... by coldtea on Tuesday January 24, 2017 @03:06AM (#13469617)
Chicago, Denver, Austin and, say, Santa Fe are "fly-over country"?

I think you misunderstood the term, it's loosely geographical, and more geopolitical.

Re:Changing San Francisco is foreseen as a haven for wealthy... by angersock on Tuesday January 24, 2017 @02:53PM (#13474849)
HN is, as always, not the perfect avenue for sarcasm.

And yes, I've heard people refer to the Midwest as "fly-over" country, ignoring specifically Chicago, Denver, Austin, Houston, and Dallas.

Re:Changing San Francisco is foreseen as a haven for wealthy... by alasdair_ on Monday January 23, 2017 @03:58PM (#13465947)
Seattle is an extremely walkable/bikeable city and has plenty of nature right outside. It also has a very sizable tech population with excellent salaries, especially considering the lack of income tax sucking 10% out of every paycheck.
Re:Changing San Francisco is foreseen as a haven for wealthy... by WaxProlix on Monday January 23, 2017 @04:10PM (#13466067)
Oh no it's terrible here, rains all the time, you'd hate it. Should probably stay in the Bay Area.
Re:Changing San Francisco is foreseen as a haven for wealthy... by CodeMage on Monday January 23, 2017 @08:00PM (#13467921)
You're joking, but the weather can really be an issue for some people. For me and my family, it's not so much the rain as the appalling lack of sunshine year round and the early nightfall in winter. And the "Seattle Freeze" is not a myth, either.
Re:Changing San Francisco is foreseen as a haven for wealthy... by jknoepfler on Monday January 23, 2017 @11:25PM (#13468797)
As a native minnesotan now living in Seattle, I have to say that rumors of bad weather are greatly exaggerated.
Re:Changing San Francisco is foreseen as a haven for wealthy... by metaphorm on Monday January 23, 2017 @04:55PM (#13466450)
I've heard the only place worse than Seattle is Portland. Filled with cannibals.
Re:Changing San Francisco is foreseen as a haven for wealthy... by jplasmeier on Monday January 23, 2017 @09:23PM (#13468309)
I think you misspelled "cannabis" ;)
Re:Changing San Francisco is foreseen as a haven for wealthy... by tunesmith on Monday January 23, 2017 @04:52PM (#13466427)
And traffic is the worst - geographically, it's a natural bottleneck. You're fine if you live centrally, but otherwise it's a crapshoot how long it will take to drive anywhere.
Re:Changing San Francisco is foreseen as a haven for wealthy... by jacobush on Monday January 23, 2017 @05:04PM (#13466528)
I lolled - the Seattle NIMBY defending against hordes of bay area refugees. :)
Re:Changing San Francisco is foreseen as a haven for wealthy... by throwanem on Monday January 23, 2017 @05:59PM (#13467023)
Having visited both places, I can hardly blame them! And Eugene is even worse - I left half a leg there, and last I saw there was a running gunfight over who'd get the calf meat.
Re:Changing San Francisco is foreseen as a haven for wealthy... by conanbatt on Monday January 23, 2017 @06:09PM (#13467098)
Maybe if you live downtown, but i visited and couldnt go anywhere without a car. Theres basically no public transport.
Re:Changing San Francisco is foreseen as a haven for wealthy... by timothycrosley on Monday January 23, 2017 @07:37PM (#13467782)
Yes, exactly, don't come here! No public transit. No massive collection of rapid rides[0], no growing light rail system[1], and no bus usage just below San Fran and growing [2]. And certainly no huge and growing collection of bike trails [3]. Really there's just rain and coffee here. At least it's some good coffee.

[0] http://metro.kingcounty.gov/travel-options/bus/rapidride/ [1] http://soundtransit3.org/map#map [2] http://www.seattletimes.com/seattle-news/data/seattle-sees-b... [3] http://stb-wp.s3.amazonaws.com/wp-content/uploads/2015/10/09...

Re:Changing San Francisco is foreseen as a haven for wealthy... by adjkant on Monday January 23, 2017 @10:43PM (#13468647)
Can you please cite your source for the good coffee? I hate when people don't give evidence in their posts here. Seriously, this community is going to hell.
Re:Changing San Francisco is foreseen as a haven for wealthy... by timothycrosley on Monday January 23, 2017 @11:49PM (#13468889)
Well I didn't cite because we don't have any. I mean really we have basically no Coffee [1]. I mean, TBH, we are a boring bland place with only big box shops - no record stores or anything unique [2]. You should really just drive through and pay no attention.

[1] - https://www.bustle.com/articles/155686-which-us-city-has-the... [2] - http://www.infogroup.com/defining-the-hippest-us-cities

Re:Changing San Francisco is foreseen as a haven for wealthy... by jknoepfler on Monday January 23, 2017 @11:27PM (#13468802)
Seattle has also aggressively ramped up apartment construction with demand. Rents are projected to level next year, which is nice.
Re:Changing San Francisco is foreseen as a haven for wealthy... by throwthisawayt on Monday January 23, 2017 @03:51PM (#13465880)
the restrictions aren't on the green areas. The city can keep all of our parks and nature and be fine. The restriction are on the building heights and number of units on vast areas of the city that are already developed.

For example, the west portala Sherwood Forest area is essentially a suburb within the city. There are huge lots that are 5000 sq ft when next door neighborhoods you have 1600sq ft lots with 2-3 units. Essentially you have suburb neighborhoods right next to others that have 10x the density.

A developer would love to buy units in those areas and convert to duplexes but is literally impossible to do this.

So again, it's not a question of preserving our parks but a question of preserving our suburbs within the city so rich people get to live in a suburb within the city and watch their property prices skyrocket instead of allowing the city to expand and accommodate the middle class.

Re:Changing San Francisco is foreseen as a haven for wealthy... by DMac87 on Monday January 23, 2017 @04:23PM (#13466177)
Also, the city allows buyers to take what used to be a family home (e.g. 4-5 bedrooms), tear it down and put up a 1-2 bedroom house (more modern, more amenities, e.g. garage, sauna, etc). Why policymakers allow this if they believe there's a supply problem is beyond me - on my block the number of bedrooms has gone down by about a quarter in the last few years as a result...
Re:Changing San Francisco is foreseen as a haven for wealthy... by throwthisawayt on Monday January 23, 2017 @04:38PM (#13466282)
What's the regulation that allows you to do that ? From what I understood, you aren't legally allowed to reduce the number of units that a property is zoned for.
Re:Changing San Francisco is foreseen as a haven for wealthy... by scythe on Monday January 23, 2017 @05:01PM (#13466499)
Units =/= bedrooms. People are replacing units with 3-4 bedrooms with 2-bedroom units that have larger rooms.
Re:Changing San Francisco is foreseen as a haven for wealthy... by skewart on Monday January 23, 2017 @05:14PM (#13466616)
The building regulations in SF have done more to encourage suburban sprawl than to discourage it.

Of course if density weren't outlawed SF would look different, but it would still be a very appealing place to live. You could triple the number of housing units in SF and it would be a city of low apartment buildings and townhouses with great views. You could increase the housing supply 10-fold and it would be a city of midrise apartment buildings with a fantastic climate and beautiful parks just outside the city.

Re:Changing San Francisco is foreseen as a haven for wealthy... by hx87 on Monday January 23, 2017 @05:44PM (#13466873)
Yep, replacing the rowhouses in Richmond & Sunset with 5-story walkups would probably triple the housing supply by itself.
Re:Changing San Francisco is foreseen as a haven for wealthy... by hexane360 on Monday January 23, 2017 @07:50PM (#13467862)
I don't really know much about SF or local utilities. I know agriculture takes up most of California's water supply. But even though a relatively small amount is consumed directly, would there be enough water to substantially house 2x-3x the current population? How much would price spike?
Re:Changing San Francisco is foreseen as a haven for wealthy... by skewart on Monday January 23, 2017 @09:27PM (#13468325)
Well, a lot of the people who can't afford to live in SF, but would like to, still live in California, consuming California water. They just live farther out in the north, east, or south bays.

Of course, if SF actually had 3, 5, or 10 times the population it does today then there would probably have to be a lot of infrastructure changes too. But the limit probably wouldn't be available water for residents.

Re:Changing San Francisco is foreseen as a haven for wealthy... by CydeWeys on Monday January 23, 2017 @10:47PM (#13468668)
Household water usage, especially for dense housing like apartments that lack yards, is such a small percentage of overall water usage that it's a rounding error. Agriculture and then industry are the main users of water.
Re:Changing San Francisco is foreseen as a haven for wealthy... by kabes on Monday January 23, 2017 @06:57PM (#13467499)
I'm living in the bay area right now and I find it one of the most ugly and boring places I've ever seen. Can't wait till I'm out of here. San Fransisco is less boring and ugly, but at night it's crawling with homeless junks and the weather sucks. Silicon Valley is also this endless chain store thing you describe and there's almost no nightlife.
Re:Changing San Francisco is foreseen as a haven for wealthy... by tonydiv on Monday January 23, 2017 @07:09PM (#13467593)
I stopped reading at "The weather sucks"
Re:Changing San Francisco is foreseen as a haven for wealthy... by acchow on Monday January 23, 2017 @07:47PM (#13467847)
It's pretty divisive. Some people dream of living a place where they can wear a light jacket all the time. Other people love intense heat.

But it's hard to argue against an average of 1 day of precipitation per month in June, July, August and September...And if you live in the right neighborhood, it's also sunny from 10-4 every day in that period as well...

Re:Changing San Francisco is foreseen as a haven for wealthy... by majormajor on Monday January 23, 2017 @08:43PM (#13468123)
> But it's hard to argue against an average of 1 day of precipitation per month in June, July, August and September...And if you live in the right neighborhood, it's also sunny from 10-4 every day in that period as well...

Nah, it's easy to argue against that, you just have to had lived in SoCal where it's sunnier and a nice comfortable bit warmer :p

Re:Changing San Francisco is foreseen as a haven for wealthy... by kabes on Monday January 23, 2017 @07:11PM (#13467608)
I stopped reading at "I stopped reading"
Re:Changing San Francisco is foreseen as a haven for wealthy... by rhino369 on Monday January 23, 2017 @07:44PM (#13467829)
Restrictions on building probably makes SF more sprawling, not less. Imagine if you allowed people to buy up a block in Sunset District and build 40 story apartment buildings. People wouldn't have to live in Livermoore anymore.
Re:Changing San Francisco is foreseen as a haven for wealthy... by hx87 on Monday January 23, 2017 @05:46PM (#13466889)
It might just be me, but a neighborhood of 5-story apartment buildings isn't less nice to live in than one of 2-story rowhouses.
Re:Changing San Francisco is foreseen as a haven for wealthy... by jaaron on Monday January 23, 2017 @04:54PM (#13466444)
I agree with coldtea that this view doesn't match reality. I live in Santa Monica and while there is sprawl in Los Angeles county, I can walk or bike to everything I need, including my work or the beach. The trails of the Santa Monica mountains are close, let alone a couple hour drive to San Gabriel mountains or the Joshua Tree desert.
Re:Changing San Francisco is foreseen as a haven for wealthy... by fourthark on Monday January 23, 2017 @06:24PM (#13467225)
Never understand why everyone on HN is all "build baby build" all the time.

They pulled out all the stops in Brooklyn (or most of them) and let me tell you it is not pleasant. Unless you like "modern" looking condos that fall apart in five years.

But I guess people don't move to SF for the sturdy quaint old houses. Apparently there's not much love for an urban-looking Brooklyn either. Generic rules.

Re:Changing San Francisco is foreseen as a haven for wealthy... by who_is_firing on Monday January 23, 2017 @07:51PM (#13467868)
I guess I would sacrifice the look of my city so that normal middle class people like teachers, policemen, firemen, artists, and minorities could live beside myself and fellow engineers and doctors.

The whole "we need to preserve the architecture of my city" is a first world problem. What comes before that is the ability for the middle and lower class to survive in the city. Cities are living dynamic entities and should be capable of change.

Re:Changing San Francisco is foreseen as a haven for wealthy... by fourthark on Monday January 23, 2017 @08:16PM (#13468001)
It's also unclear that building more luxury housing (because that is what will be built, there as here) stabilizes rental prices for everyone else.

I can see why it's tempting to think about it as a supply and demand problem. But be realistic about the motivations of developers, too.

And it's not like "affordable housing" requirements work, either, when those are defined relative to average income.

Re:Changing San Francisco is foreseen as a haven for wealthy... by CydeWeys on Monday January 23, 2017 @10:51PM (#13468678)
Luxury housing becomes more affordable with time. There are plenty of buildings in New York that were targeted upscale at the time they were built, but are no longer upscale and thus rent to people lower down the income spectrum now versus then.
Re:Changing San Francisco is foreseen as a haven for wealthy... by CydeWeys on Monday January 23, 2017 @10:55PM (#13468690)
Fellow New Yorker here. Thanks to all of that construction, rents here have actually decreased over the past year: https://www.rentjungle.com/average-rent-in-new-york-rent-tre...

That's why we're all "build baby build": Increase supply enough to meet demand and you can get prices to drop. It's worth it in order to help maintain the existence of affordable housing.

Re:Changing San Francisco is foreseen as a haven for wealthy... by throwaway91111 on Monday January 23, 2017 @04:19PM (#13466147)
As someone forced to move to the Bay Area, it'd also be nice if "rich people" had an alternative to moving here for employment.
Re:Changing San Francisco is foreseen as a haven for wealthy... by who_is_firing on Monday January 23, 2017 @04:52PM (#13466420)
Yes we need to petition the large tech companies to be more supportive of remote work and invest more in their satellite offices.
Re:Changing San Francisco is foreseen as a haven for wealthy... by foggyeyes69 on Monday January 23, 2017 @08:59PM (#13468214)
In addition to building more housing, there need to be a high tax on private cars entering and being parked in cities. The money from this tax should go towards funding public transport, which itself would benefit from the increased density.
Re:Changing San Francisco is foreseen as a haven for wealthy... by gutnor on Monday January 23, 2017 @08:27PM (#13468047)
It is strange that even on HN the only solution to housing crisis is "find a way to build more". That's not the 90's anymore, a lot jobs can be done remotely now, a lot of jobs are if you consider how many times you work with people that are in other offices.

You have small cities dying all over the country side because it becomes difficult to justify paying for general amenities like hospital, schools, ... and cities where you quickly hit the limit of high density too. You can replace a suburban sprawl by high density block of flat, but you need to upgrade the infrastructure to support it massively and the cost does not scale linearly past a point.

Seems to me there is a sweet spot there in the middle where the cost of public infrastructure is effective, a variety of living style at various price points, and there is still enough people for modern service to be cost effective. A bit like Europe if you get rid of the top 3-4 largest cities in each country.

If there is something that is prime for disruption, here you have it: this is a problem everywhere in the world, this is a problem that is solved the old non technological way, but with an already proven way to solve the problem using technology. The only bit that is missing is the proper incentive and a well balanced set of already existing technologies thrown in to make up for the major incentive of moving in a large city: the jobs are all packed in there too.

Re:Changing San Francisco is foreseen as a haven for wealthy... by ocb on Tuesday January 24, 2017 @12:39AM (#13469075)
Do you have a source for your claim about the there being a point in density where infrastructure costs stop scaling linearly? Intuitively, economies of scale imply the opposite of what you're saying--that infrastructure becomes less expensive per capita as density increases.
Re:Changing San Francisco is foreseen as a haven for wealthy... by zanny on Monday January 23, 2017 @08:08PM (#13467960)
Most cities in the US have huge barriers to housing expansion, particularly of the affordable kind.

It is not a problem unique to SF, it just shows its worst there because its the highest growth.

Re:Changing San Francisco is foreseen as a haven for wealthy... by whyileft on Monday January 23, 2017 @05:00PM (#13466490)
Prop 13
Re:Changing San Francisco is foreseen as a haven for wealthy... by gautamnarula on Monday January 23, 2017 @03:09PM (#13465491)
This post (https://medium.com/@andersem/a-guy-just-transcribed-30-years...) shows that, with a few blips, SF housing prices have been increasing at a fairly consistent 6.6% per year for the last 70(!) years, well above inflation or GDP growth, and the compounding effects add up pretty quickly.
Re:Changing San Francisco is foreseen as a haven for wealthy... by bicknergseng on Monday January 23, 2017 @03:32PM (#13465714)
Fun fact: that 600k studio apartment might seem outrageous now, but in 30 years at 6.6% it'll be $4,345,645, and your grandkids will get a nice $16,267,583 500sqft place to hang their hats in 50. Get in while it's good folks.
Re:Changing San Francisco is foreseen as a haven for wealthy... by illicium on Monday January 23, 2017 @06:00PM (#13467030)
Past performance is not a guarantee of future returns. :)
Re:Changing San Francisco is foreseen as a haven for wealthy... by bicknergseng on Monday January 23, 2017 @06:07PM (#13467086)
/s
Re:Changing San Francisco is foreseen as a haven for wealthy... by cylinder on Monday January 23, 2017 @03:35PM (#13465741)
Stocks increase about that rate annually but people don't seem to have an issue with that.
Re:Changing San Francisco is foreseen as a haven for wealthy... by gautamnarula on Monday January 23, 2017 @04:01PM (#13465971)
I'm not sure what you're getting at--people don't complain about stocks increasing at that rate because they aren't negatively affected by that. When housing increased a rate that significantly exceeds that rate that wages increase, people will have to leave and the social structure of the city changed drastically when only a certain type of person (in the case of SF, typically wealthy, male, and childless) can live there.
Re:Changing San Francisco is foreseen as a haven for wealthy... by asflkjdslka on Monday January 23, 2017 @05:35PM (#13466800)
> only a certain type of person (in the case of SF, typically wealthy, male, and childless) can live there.

You should note that young women in cities earn more than young men: http://content.time.com/time/business/article/0,8599,2015274...

Re:Changing San Francisco is foreseen as a haven for wealthy... by throwanem on Monday January 23, 2017 @06:34PM (#13467307)
That article also has this to say, directly to the point at hand:

> The holdout cities — those where the earnings of single, college-educated young women still lag men's — tended to be built around industries that are heavily male-dominated, such as software development or military-technology contracting. In other words, Silicon Valley could also be called Gender Gap Gully.

So I'm not sure what you mean to prove by citing it. If you mislike and mistrust gendered rhetoric, you're welcome; so do I. But perceiving a lack of intellectual consistency on the part of one's interlocutor is no cause to hold oneself to a similarly weak standard.

Re:Changing San Francisco is foreseen as a haven for wealthy... by jackcosgrove on Monday January 23, 2017 @04:20PM (#13466151)
You are correct, but it's understandable that people would be more emotionally invested in where they live, or would like to live, than in their stock portfolio. You need to live somewhere, but you don't need to invest in the stock market.

Also there's the wrinkle of the down payment, mortgage interest, property taxes, and maintenance. You aren't required to save up $200,000 down and borrow $800,000 to buy $1 million worth of stocks at once. The most I've ever had to save up was $3000 for a Vanguard fund and then you can dollar-cost average your investments after that.

Returns on property in SF, on the other hand, will almost certainly require paying tens of thousands if not hundreds of thousands of dollars in interest, property taxes, and maintenance. This reduces the rate of return below that of stocks.

However, you would have these costs elsewhere, just lower.

I'd be really interested in an analysis of this problem of stocks vs. Bay Area real estate. This analysis would take into consideration the real rates of return, financing costs, rent lost while saving up a down payment, salary differentials, career risk due to job concentrations, mortgage default risk due to career risk, and loss risk due to lack of dollar-cost averaging.

I suspect that living outside the Bay Area and investing in stocks would come out ahead up to a certain income level, which is attainable for only a small number of people (probably smaller than the number of people who think they can handle it and are discounting certain risks/being irrationally optimistic).

Re:Changing San Francisco is foreseen as a haven for wealthy... by elastic_church on Monday January 23, 2017 @05:27PM (#13466727)
The contrast between asset classes is that real estate allows for a much greater degree of leverage than the stock market does. "Margin calls" are not instant as housing price fluctuations are slower and repossession is a long process, allowing people to catch up longer. And there are several cash flow opportunities.
Re:Changing San Francisco is foreseen as a haven for wealthy... by ryandrake on Monday January 23, 2017 @06:45PM (#13467397)
Most people don't own stocks, either directly or indirectly [1]. Everyone needs a home.

1: http://www.cnbc.com/2014/09/08/the-stock-gap-american-stock-...

Re:Changing San Francisco is foreseen as a haven for wealthy... by yellowbeard on Monday January 23, 2017 @08:55PM (#13468184)
Real estate is typically much more leveraged than sticks, leading to far higher returns for owners .
Re:Changing San Francisco is foreseen as a haven for wealthy... by shalmanese on Tuesday January 24, 2017 @09:20PM (#13477867)
Because people aren't born short stock like they are housing: https://thezikomoletter.wordpress.com/2012/12/10/you-are-nat...
Re:Changing San Francisco is foreseen as a haven for wealthy... by JPKab on Monday January 23, 2017 @03:52PM (#13465885)
"The only thing that stopped keeping up are salary increases."

While I agree with you on the whole "tech blame game", the quoted statement makes no sense. Of course housing prices mirrored salary increases previously. That's a natural phenomenon. As you know, this is a supply issue being mistaken by the rebellious barista set as a demand issue.

Re:Changing San Francisco is foreseen as a haven for wealthy... by kafkaesq on Monday January 23, 2017 @04:54PM (#13466440)
The only thing that stopped keeping up are salary increases.

What's wrong with your overall summation of the situation is that the housing crisis is -- like most things that go systemically wrong in economics and public policy -- a product of multiple sources of causation, acting in concert.

That's why you can't (meaningfully) just say, "See, there's this other favor X [lack of middle class salary increases] at play. Therefore this factor Y everyone keeps talking about [high-salaried tech workers pouring into town] can't be the major factor. In fact, it's merely trendy."

Because in reality the housing crisis is a product of X, Y, Z, and a host of other factors acting in concert.

Re:Changing San Francisco is foreseen as a haven for wealthy... by elastic_church on Monday January 23, 2017 @05:29PM (#13466740)
I was waiting for your comment. I primarily didn't want to write a dissertation with two footnotes. I also didn't want to point to the people whose salaries have caught up with housing price increases.
Re:Changing San Francisco is foreseen as a haven for wealthy... by kafkaesq on Tuesday January 24, 2017 @04:16PM (#13475544)
Those weren't footnotes. My point was that you were completely mischaracterizing the core nature of the problem.
Re:Changing San Francisco is foreseen as a haven for wealthy... by mikestew on Monday January 23, 2017 @04:59PM (#13466482)
Meh, it's what I've said here and elsewhere for years: California has always been expensive, always will be. (Where definition of CA == "SF/LA/San Diego, not Stockton".) The only difference I've seen lately versus historically is that during the most recent housing crash Bay Area housing didn't seem to get hit much, if at all. OTOH, there was a considerable dip in CA housing prices in the 70s that didn't seem to affect the rest of the country.

The CA housing market, if nothing else, gives newspapers something to chat about on slow news days.

Re:Changing San Francisco is foreseen as a haven for wealthy... by wahern on Monday January 23, 2017 @06:19PM (#13467176)
Prices in San Francisco were rock bottom in 2008-2009. I saw some insanely low listing prices at the time. I'm talking stuff listing for less than $400,000 that's listing for over $1.5 million today. Unfortunately I had _just_ begun graduate school on the East coast. I spent many nights trawling Trulia with my jaw agape, pleading with my S.O. (comfortable in her rent controlled apartment) to consider buying something.

Those prices don't show up on most historical charts because there were very few sales overall, and of course most sales were at the very high-end which are typically much more inelastic price-wise.

Most of the market was exceptionally illiquid, which is why many of those listings were so slow. Alot of renovations and new construction that had just come onto the market were discounted to fire sale prices, dragging other listings with them, and _still_ didn't sell until a year or two later. Banks simply weren't making loans, and the all-cash buyers weren't around either because the stock market had tanked.

The market rebounded much faster here than elsewhere. But, still, if you actually had hard cash at the time, and an appetite for risk (nobody knew if and when things would rebound) you could have made a killing. Some people did.

Re:Changing San Francisco is foreseen as a haven for wealthy... by tacomonstrous on Monday January 23, 2017 @02:56PM (#13465372)
I would think the more relevant number is year-to-year increase benchmarked to the median increase across major US metropolitan areas. You're right though: median wealth and income were probably also growing much more commensurately mid-to-late 20th century than they do now.
Re:Changing San Francisco is foreseen as a haven for wealthy... by huangc10 on Monday January 23, 2017 @02:48PM (#13465306)
Agreed. It's easier to blame what's in front of our eyes and trending. However, I wouldn't go as far as saying the tech industry had nothing to do with it. It's all relative.
Re:Changing San Francisco is foreseen as a haven for wealthy... by elastic_church on Monday January 23, 2017 @11:20PM (#13468780)
the 'tech industry' is now. the gold speculators were then. the city could have just as easily become a carcass of the industrial era like many others.
Re:Changing San Francisco is foreseen as a haven for wealthy... by wtvanhest on Monday January 23, 2017 @08:49PM (#13468155)
One factor that may explain the reduced correlation between salaries and rent growth is the increase in dual income families.
Re:Changing San Francisco is foreseen as a haven for wealthy... by robg on Monday January 23, 2017 @06:52PM (#13467448)
"The only thing that stopped keeping up are salary increases"

That's a pretty big only.

Re:Changing San Francisco is foreseen as a haven for wealthy... by ubercore on Monday January 23, 2017 @02:51PM (#13465326)
You might be right, but this feels like a facile argument. Is SF an outlier in the last 30 years? Perhaps tech industry has supported a recent continuation of trends that died in the rest of the country. How has SF housing policy compared to the rest of nation impacted prices? What about cost of living _besides_ housing?

That's by no means comprehensive, but I'd just suggest a) more sources and b) a more holistic look at the issue than housing prices.

Re:Changing San Francisco is foreseen as a haven for wealthy... by pmiller2 on Monday January 23, 2017 @03:04PM (#13465443)
But, housing prices essentially are the issue. A region where teachers, baristas, and janitors can't afford to live just can't function.
Re:Changing San Francisco is foreseen as a haven for wealthy... by gozur88 on Monday January 23, 2017 @04:42PM (#13466327)
But it does. I'm a software developer who could barely afford to live in SF. And yet people clean the floors, make coffee, and teach children there. Because they don't live there - they commute from cheaper areas.

Like just about every other major city.

Re:Changing San Francisco is foreseen as a haven for wealthy... by dekhn on Monday January 23, 2017 @03:29PM (#13465691)
When I was in grad school in SF in 95-01 I lived on a $25K salary. I did this by sharing a place with several people, in the outermost part of SF. I had to spend about 1.5 hours on MUNI a day. It was pretty miserable but it was the only place I could afford.

Prices have appreciated, but if you're not trying to buy a house, and you're willing to compromise a lot, I think you can live in the city on a teacher salary ($60K/year).

Re:Changing San Francisco is foreseen as a haven for wealthy... by mroset on Monday January 23, 2017 @03:58PM (#13465935)
That lifestyle as a teacher is probably only desirable or realistic for the young. Once you want to settle down/have kids/whatever, you probably want to either buy a house, or not compromise quite so much. Does that mean that SF will have only young teachers? Most the experienced ones will move somewhere more affordable. Is that a problem for the city?
Re:Changing San Francisco is foreseen as a haven for wealthy... by jdmichal on Monday January 23, 2017 @04:20PM (#13466155)
Or, all the teachers marry high-income partners and can thereby afford to continue living there.

~~I'm trying to find an article I'm sure I've seen on HN of marriages mapped by occupation. I'll edit if I can find it, but I believe I remember that teachers tended to "marry up".~~

EDIT: et-al found the link I was looking for. However, it doesn't seem to support my memory of teachers "marrying up".

Re:Changing San Francisco is foreseen as a haven for wealthy... by et-al on Monday January 23, 2017 @04:38PM (#13466283)
Was it this interactive chart by Bloomberg?

https://www.bloomberg.com/graphics/2016-who-marries-whom/

Re:Changing San Francisco is foreseen as a haven for wealthy... by jdmichal on Monday January 23, 2017 @05:06PM (#13466546)
YES! Thank you. I found another article on Bloomberg, but it was not this one. However, it doesn't seem to be support my memory of "marrying up".
Re:Changing San Francisco is foreseen as a haven for wealthy... by elastic_church on Monday January 23, 2017 @05:43PM (#13466863)
wow thats an amazing chart to extrapolate from!
Re:Changing San Francisco is foreseen as a haven for wealthy... by swuecho on Monday January 23, 2017 @04:15PM (#13466109)
Young people come here for a temporary period and then leave. Only the ones become affluent enough stay.
Re:Changing San Francisco is foreseen as a haven for wealthy... by throwaway91111 on Monday January 23, 2017 @04:20PM (#13466158)
Why would any teacher do that when they could live comfortably on that salary pretty much anywhere else in the country?
Re:Changing San Francisco is foreseen as a haven for wealthy... by fpgeek on Monday January 23, 2017 @10:29PM (#13468588)
Well, teacher salaries are lower in other parts of the country (though it is also true that salary vs cost of living is less out of whack in most of them).
Re:Changing San Francisco is foreseen as a haven for wealthy... by coldtea on Tuesday January 24, 2017 @03:07AM (#13469620)
I'll give you teachers and janitors, but region "just can't function" without baristas? That is, glorified people who serve coffee?
Re:Changing San Francisco is foreseen as a haven for wealthy... by gozur88 on Thursday January 26, 2017 @03:22AM (#13489684)
I know people who wouldn't live in a place without a Pete's or Starbucks.
Re:Changing San Francisco is foreseen as a haven for wealthy... by skewart on Tuesday January 24, 2017 @03:26AM (#13469692)
Leave it to the person with the username 'coldtea' to be skeptical of baristas!
Re:Changing San Francisco is foreseen as a haven for wealthy... by ubercore on Monday January 23, 2017 @03:16PM (#13465552)
I agree they'd be a huge part of it. I guess I'm just trying to call out that you can't completely discount the influence the tech industry has had on the bay area by looking at _just_ housing prices. I'm certain there's more to it than that, even if it's the single biggest issue.
Re:Changing San Francisco is foreseen as a haven for wealthy... by gautamnarula on Monday January 23, 2017 @03:10PM (#13465505)
I commented this as a reply to the parent comment, but in case you don't see it I think this will interest you: https://medium.com/@andersem/a-guy-just-transcribed-30-years...

SF housing has averaged 6.6% yoy increases for the last 70 years.