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A comment on A lot more market-rate construction helps low-income renters more than subsidies. Parent comment

Re:A lot more market-rate construction helps low-income rent... by icebraining on Tuesday March 24, 2015 @09:55AM (#9256531)
And anyways, the monopolist doesn't corner the market directly; they use inside information to buy cheap, and have excess capital to take advantage of market opportunities. How many old west movies are premised on some rich guy trying to buy up all the land in town because they know the railroad is coming through?

In what way does that apply to SF?

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Re:A lot more market-rate construction helps low-income rent... by seanmcdirmid on Tuesday March 24, 2015 @09:59AM (#9256561)
Today, tomorrow, or yesterday?

SF is already sold out, so it doesn't apply at all; there is nowhere to build and all the property is spoken for. It might have applied 110 years ago after the great fire, or even in the early 90s after the S&L crisis, but not today.

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