This concern is coming from several people. And the scenes outside the shelters and Navigation Centers support it. What are the monitoring rules @SF_HSH @JeffKositsky ?
In the grand scheme of things, when you think about how much the federal government subsidizes upper middle class homeownership through MID, what the CA state govt forgoes through Prop. 13, the real estate value protected/enhanced by zoning laws, what the city spends on the
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flipside of these subsidies for people whose incomes have not kept up with the cost of housing, it’s tiny. When S.F. residential real estate can appreciate by $130B in a single yearhttps://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html …
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What do you think happens to the people whose incomes don’t increase at that pace? Some % of them become homeless! https://www.zillow.com/research/homelessness-rent-affordability-22247/amp/ …
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