Congrats guys. No new housing is gonna get built until after the next recession.https://twitter.com/SocketSite/status/1004511892461613056 …
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Leno himself created the 1st inclusionary ordinance, knowing voters don't actually want to pay for affordable housing themselves. They like their cake and they like to eat it too. They like home values that 2X every cycle & they want *someone else* to pay for affordable housing.
Jane's "40 is the new 30" affordability mantra was predicated on 2 million square feet of office space at 5M and Mission Rock. So... she got a whopping 840 affordable housing units cross-subsidized and predicated on 13,000 workers' of office space. Congratulations?
Newsom will likely be governor & support more state money for affordable housing. Leno has a good relationship with him. @OurHomeSF will likely be on the ballot in the fall. I doubt Leno will make his ambitious goal (just like Ed Lee wouldn’t have) but there will be new housing.
Local control will always find a way to crush it, starve it, vilify it, or smother it to death.
or SF could, for example, utilize the standing offer from @City_Spaces to up-front fund 1000s of #MicroPAD modular units/yr over city lots, master-leased to city for $1000/mo https://twitter.com/kimmaicutler/status/1004516517176696832?s=21 …. There are other alternatives. c/@beyondchron #taoa
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