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Re:What Happens to Home Prices When Technologists Come to Town by scarmig on Friday June 19, 2015 @07:14PM (#9748246)
I'm a tech booster, and building and zoning restrictions certainly don't help the housing problem here. But I think it's a wee bit disingenuous to suggest it's as easy as waving a magic wand and watching all the house prices fall to Stockton levels.

Even if the rate of new construction pentupled, it wouldn't lower house prices; at best it'd make them increase at a slightly slower rate. It's a good idea on its own for the purposes of environment and urban development, but pretending that it'd suddenly allow a day laborer or a teacher's aide to be able to afford rent or ownership here adds as little as the people saying tech workers are source of all evil in the world.

Re:What Happens to Home Prices When Technologists Come to Town by seanflyon on Friday June 19, 2015 @07:31PM (#9748290)
You don't need to bring prices down to Stockton levels to avoid San Francisco level problems.