Good news for single-family homeowners in SF. Your neighborhood character will be protected & your home value will either continue appreciating at $300,000 per year or hold value during the inevitable crash. But if you're looking to stay long-term? Ya gotta go to the East Bay nowhttps://twitter.com/kimmaicutler/status/1004379162751012864 …
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Replying to @kimmaicutler
Nah man. I work in architecture and there's things you people don't understand. the recession devastated our industry and lots of people left and there's labor shortages everywhere. We'd love to build more. It isn't as easy to build a shit ton of new housing as you think it is.
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I think I've spent four years on this subject. I never said it was easy. I was pointing out that SF elected someone who has lived here for 40 years and bought in that long ago so he has no idea how expensive it is right now and how hard it is to build stuff.
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Replying to @kimmaicutler
Everyone knows, believe me. If you’re jealous of the people that bought property 40 years ago when things were cheap that’s not their fault. Things were a whole lot cheaper here before TechBoom 2.0.
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how would one explain this phenomenon happening all over the state of California, well outside Silicon Valley?
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