U.S. rent has increased 175% faster than household income over past 20 years

Re:U.S. rent has increased 175% faster than household income... by arcticbull on Friday March 26, 2021 @03:22PM (#26595882)

> The cost of upgrading infrastructure in a busy city is enormously expensive.

So having more people to split that cost with would help! To be clear Hong Kong island is far harder to build on.

> Plus there are a lot of people that like the character of their neighbourhood and don’t want to live in an apartment building. It isn’t their fault that SF became the global tech capital.

They’re also not entitled to that. In a democracy the many decide.

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Re:U.S. rent has increased 175% faster than household income... by ntvSF313throw on Friday March 26, 2021 @04:57PM (#26596853)

> They’re also not entitled to that. In a democracy the many decide.

Actually, yes they are. San Francisco is a participatory democracy. Between a large # of ballots voted for each November, we elect our board of supervisors and attend supervisor meetings to tell them how to vote.

If people don't vote, well, that's their fault.

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Re:U.S. rent has increased 175% faster than household income... by arcticbull on Saturday March 27, 2021 @06:34PM (#26606213)

Nobody is entitled to a view or a property value. It’s not written down, it’s not codified, it’s not an entitlement. It’s a side effect of poor policy.

I say that as someone who owns property in San Francisco.

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Re:U.S. rent has increased 175% faster than household income... by chongli on Friday March 26, 2021 @03:26PM (#26595921)

The many struggle to organize themselves as effectively as the few. This is how it’s always been in politics. I’m not aware of any recent development that would change that dynamic.

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Re:U.S. rent has increased 175% faster than household income... by nitrogen on Friday March 26, 2021 @05:18PM (#26597071)

In a democracy the many decide.

In a democracy the people who inhabit a place decide. Not the people who want to inhabit it. That's not democracy, it's colonialism.

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Re:U.S. rent has increased 175% faster than household income... by arcticbull on Friday March 26, 2021 @05:29PM (#26597174)

lol, that's not colonialism.

  Colonialism: the policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

However, with that in mind, I'm alluding to the kinds of people in a city like San Francisco. The older, rich, land-owning class tends to be very activist and tends to vote. The younger, less-wealthy, renter class tends not to vote. Therefore, the needs of the few are outcompeted by the needs of the many.

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Re:U.S. rent has increased 175% faster than household income... by ic0n0cl4st on Friday March 26, 2021 @08:41PM (#26598695)

> They’re also not entitled to that. In a democracy the many decide.

We did decide, and continue to do so in supervisor meetings and in the ballot box. You might want to read up on federalism.

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