Re:S.F. ballot measure would severely limit short-term rentals
by mrgordon on Wednesday April 30, 2014 @09:55PM
(#7677759)
I don't buy this argument at all. They were proposing to build 134 condos at $5 million each. That isn't increasing the housing supply (much), it is giving away the one-of-a-kind waterfront for some pied-à-terres for rich out of state buyers.
But I'll note that just last year there were a pair of ballot propositions where circa 2/3rds of voters rejected raising height limits for a big new project:
http://ballotpedia.org/8_Washington_Street_Development-Initi...
And having lived here quite a while, I'm sure it's not only wealthy landlords who are opposed to unrestricted high-rise development.