News for hackers. Stuff that matters.
Re:The $3500 Shirt – A History Lesson in Economics by hueving on Saturday January 24, 2015 @06:29PM (#8941461)
It's a terrible feedback loop. Nobody who owns a house in SF in their right mind would vote for anything that could substantially decrease the value of their home.
Re:The $3500 Shirt – A History Lesson in Economics by swatow on Sunday January 25, 2015 @01:45PM (#8943769)
But are the majority of SF residents owners? Is it really about voting, or about savvy political lobbying by property owners?
Re:The $3500 Shirt – A History Lesson in Economics by pimlottc on Monday January 26, 2015 @04:07AM (#8946102)
It does seem at least that homeowners tend to vote more often than renters:

http://journalistsresource.org/studies/politics/citizen-acti...

Re:The $3500 Shirt – A History Lesson in Economics by JulianMorrison on Sunday January 25, 2015 @10:29AM (#8943118)
The fix: (1) government re-regulates building to be easier and land to be more available, causing a housing boom. (2) government guarantees every house's value as it was before the reforms. If the value falls, government pays the difference. (3) Government raises a tax to pay this all off.
Re:The $3500 Shirt – A History Lesson in Economics by iopq on Sunday January 25, 2015 @11:01AM (#8943186)
This is why we can't have nice things. Raise a tax to guarantee that the richest people keep being rich? Do not want.