How Has San Francisco Run Out of Money for Affordable Housing?

Re:How Has San Francisco Run Out of Money for Affordable Hou... by matchbok on Monday November 12, 2018 @06:11PM (#18436861)

There is 0 proof that these mandates are not curtailing development. Sure, things are still getting built, but we have no idea what could be happening absent these mandates.

This is the type of thinking that puts these failed programs into reality in the first place. "We don't immediately see anything wrong, so let's keep going".

Fundamentally, it's a huge cost for developers and that money has to come from somewhere.

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Re:How Has San Francisco Run Out of Money for Affordable Hou... by reaperducer on Monday November 12, 2018 @10:05PM (#18438141)

There is 0 proof that these mandates are not curtailing development

And there's 0 proof that these mandates are curtailing development. Why do you presume one and not the other?

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Re:How Has San Francisco Run Out of Money for Affordable Hou... by matchbok on Tuesday November 13, 2018 @09:21AM (#18441097)

Because it's a distorted market. There has to be tradeoffs here otherwise developers would already be doing the things these laws are making them do.

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