that goes along with imponderable questions like: what's the point of pointing out that SF has only passed two housing bonds in its history when it relied on TIF bonding authority for the vast majority of that history?
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Replying to @upwithppl @RevClown and
If this is the way things get primarily funded going forward, it’s concerning that supes would rather cave to fiefdoms in their own districts rather than having a more cost effective process that makes limited $ go farther on the most pressing issue in the city.
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speaking from my personal experience, but the Mayor’s Office of Housing is like running through a buzzsaw
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MOHCD has been telling us how important 1064 mission is for homeless housing but somehow they haven't broken ground despite apparently having everything they need. Maybe their preoccupation with modular has something to do with it.
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they set a price per door acquisition precedent with landowners that’s made all of the base prices for more affordable developments in the Mission go up. can’t reveal my source but it’s been going around.
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Tillman was adamant that 490SVN was his baseline for $/door. I think 1515 SVN went for $125k/door
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he’s trash and the fact that SF YIMBYs see him as some kind of hero is honestly revolting to me
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you want proof that rents are sticky and don’t just decrease because of two lines on a graph? two words: Robert Tillman
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Maybe the process got so complicated and wildly unpredictable that only people of Tillman’s character could get through it. (And meanwhile as nothing got built, every other property owner just quietly raised their prices and rents.)
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Toboni managed to get a 70 unit market rate project approved & built. While Tillman was being a performative douchebag banging the table with his well worn copy of Atlas Shrugged.
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Not many developers try for the Mission these days so the de facto situation is that more of whatever’s left of the neighborhood’s middle class just hemorrhages out. You win the 1% chance on the BMR lottery or you win the tech lottery to buy a $3M place.
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Replying to @kimmaicutler @RevClown and
Or you hang on for dear life to an RC place although no one remotely middle class can enter a new RC contract today. Everyone else is disposable and the power brokers in the neighborhood know that.
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people of “Tillman’s character” bullied the city into the land prices they demanded because the neighborhood suffered a shortage of *truly* affordable housing. that is the actual market logic that drives rents, not some inane graph an amateur urbanist made in their spare time
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