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.@sfbos and @LondonBreed’s office current arguing over whether to make substantial changes to housing approval process to get more affordable units for less money. Supes want to keep the old, unpredictable, more expensive process, of course.https://twitter.com/_fruchtose/status/1149370662886109184 …
Again, SF’s planning department reviews more projects than any other major city in the US, and five times as many projects as New York City, because discretionary review is embedded in the charter.https://twitter.com/kimmaicutler/status/1148317151570251776?s=21 …
It costs the city and taxpayers more to build middle-income housing than it does to build low- and very-low-income housing.https://twitter.com/_fruchtose/status/1149372720200572928?s=21 …
Now Aaron Peskin is defending SF's housing process, saying how great it is, and is citing MEDA, which originally opposed @scott_wiener's SB35 and then used it.... to bypass SF's process! 
https://www.sfchronicle.com/politics/article/Mission-housing-project-invokes-law-to-exchange-12815332.php …
.@SandraLeeFewer, the supervisor who represents the Richmond District, said that real San Franciscans don't earn more than $60K a year.https://twitter.com/sammymoss425/status/1149379380780490752 …
It turns out that she just sold one of the at least three houses that she owns in SF. Bought for $440K, listed for $1.8M. Now in contingency. Someone making $60K a year could definitely not afford the mortgage implied by that price.https://www.redfin.com/CA/San-Francisco/273-Dolores-St-94103/home/955138 …
I hope she sold it to a non-profit, because otherwise that would be wholly inconsistent with the legislation she just passed. She also spent the morning lecturing the mayor's office on regulating human greed.http://www.sfweekly.com/news/city-grants-nonprofits-first-priority-in-building-sales/ …
Her legislation only applies to building with 3 or more units, so she probably has it in contract with a private buyer at a price/mortgage that implies the next set of tenants has to be substantially wealthier than the current set. https://sfmohcd.org/sites/default/files/Documents/MOH/COPA/Final%20COPA%20FAQs%20for%20Posting.pdf …
Yesterday, Mayor @londonbreed tried to fix SF’s broken housing approval process, where it costs more than $700K and takes more than 5 years to build one new unit of affordable housing. The Board of Supervisors, which is like SF’s city council, rejected it. https://www.sfchronicle.com/politics/article/SF-supes-kill-Breed-s-proposal-to-streamline-14089886.php …
It would've saved 6-18 months and $1.5-6M per project.https://twitter.com/LondonBreed/status/1149423374851985408 …
Sandra Lee Fewer, who is elected to represent the Richmond District on the city’s more suburban West side, excoriated @LondonBreed's policy director Andres Powers about regulating greed in order to preserve the city’s affordability yesterday morning.pic.twitter.com/4mrYthhLiB
If you wanted to buy her third house off of her at the $1.8M price she listed it for sale at last month, you would need to earn at least $28,770 a month to spend no more than 30% of your income on housing, assuming 20% down. https://www.redfin.com/CA/San-Francisco/273-Dolores-St-94103/home/955138 …pic.twitter.com/LdRREsyG77
If she closes at that price or higher, her real estate investment would have appreciated by more than what 90% of Americans earn in a year for every single year she owned it.
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