Re:Tech elites leaving San Francisco threaten Silicon Valley...
by CountSessine on Monday December 07, 2020 @08:35PM
(#25340494)
Appreciation is not rent seeking though.
It most certainly is, if at the same time you're hanging out at city council meetings protesting construction and housing development. The cost of housing in SFBA isn't really the cost of land - its the cost of regulation. It's the marginal cost of building new housing.
It most certainly is, if at the same time you're hanging out at city council meetings protesting construction and housing development. The cost of housing in SFBA isn't really the cost of land - its the cost of regulation. It's the marginal cost of building new housing.