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Lots of companies in the Valley tried to convince their local municipalities to allow more housing, but failed. Small cities like offices they can tax more than housing for which they must provide services.
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Also office caps have their own problems - basically richer office users outbid poorer ones. Non profits in the Bay in particular have major issues as a result.
End of conversation
New conversation -
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Interesting - cap is new per year though and lots of other space around the bay area. Also, you should see how many desks a startup can cram into office space. It’s unbelievable- and there are lines for the bathrooms.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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