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A comment on The Silicon Valley-ization of San Francisco. Parent comment

Re:The Silicon Valley-ization of San Francisco by brucefancher on Saturday December 21, 2013 @04:47AM (#6946295)
Yes. As the economist Assar Lindbeck once said, "next to bombing, rent control seems in many cases to be the most efficient technique so far known for destroying cities".
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Re:The Silicon Valley-ization of San Francisco by simoncion on Tuesday December 31, 2013 @08:18PM (#6993714)
Rent control is what allows anyone who's not in finance to live in SF. Look at the price of a condo to get an idea of what city-wide unregulated rents would be like.

The thing that's eating SF from the inside out is the dire lack of new apartments. Build enough and the city will approach affordable for the average worker.

(Sorry for the huge delay in posting. HN has been unusually flaky at my site.)

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