Techies concerned with solving the housing crisis in SF often make the case for building more, but maybe "increase wages" should be the main rallying cry.https://twitter.com/CityLab/status/1126670338698485760 …
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When you combine local subsidy with federal/state programs, projects end up trending toward lower AMI because that's what those programs support. If you want to do middle-income, it can cost more in terms of local taxpayer dollars bc of lack of state/federal support.
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Right. So would it be fair to say the rise in median income has been due to middle class flight rather than real wage growth, since lower class has held steady but middle class has been replace by wealthier population?
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As a bigcity politician if you have $1m dollars, you dole out 1k to 1k ppl on the left. They are totally dependent on you. For those in middle the 1k does little to move the dial and they demand things like good schools. Ppl on the right side do alright no matter what.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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