Re:Stripe to donate $1M to California Yimby
by dawsmik on Thursday May 03, 2018 @03:48PM
(#16989245)
The rent control portion of sb827 may act as a deterrent to building new apartments. If you have to keep rents the same or pay 4 years rent to everyone in the building, it may be difficult to have the new, larger building pencil out.
[ Parent
| on HN ]
That was sort of the point. The bill was not authorizing anybody to raze existing homes to create new homes. It was not changing demolition controls, and it was not changing any approval processes. It was about setting baseline numbers for what would be legal to build. Scott Wiener is a nerdy guy and his policies are very nerdy.
SB 827 was about allowing dense housing near transit. Wiener’s political rival held an anti-SB-827 rally next to a major transit stop with 3 light-rail train lines and a major bus line (and several minor bus lines). That location has a 26-foot height limit. If SB 827 had passed, those 1-story boutique shops could be replaced by 4-story apartments over retail.
https://medium.com/@Scott_Wiener/offering-no-solutions-jane-...
This is one reason why I support London Breed for mayor.