Oakland also plans for better jobs-housing balance in its long-term planning than SF. Their downtown plan? 55K jobs & 29K housing units. https://cao-94612.s3.amazonaws.com/documents/DOSP-Preliminary-Draft-Plan_011619_rev_reduced.pdf … SF’s Central SOMA plan? 32,000 jobs, 8,800 housing units. http://default.sfplanning.org/Citywide/central_soma_plan/central_soma_Citywide_Priority_Project.pdf …
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Oh, a fee study from
@TernerHousing out today. CA undertaxes existing housing and over time property taxes don’t keep up with the cost of operating public systems, so instead we just tax the very small amount of new housing we build to compensate for that.https://twitter.com/davidgarcia209/status/1161052314968502272?s=21 …Show this thread - End of conversation
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and the developments keep getting burned down, presumably because they are bringers of gentrification
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Which increases costs and costs of insuring projects, which will eventually translate into higher rents to compensate for that risk.
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I'd assume that the Oakland projects coming on the market now started well before 2016 so there is more going on than just SF fees
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Yes, Oakland having less expensive and more available land was probably more of a factor than fees.
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Honest q: is anyone trying to clean up/acquire the old Naval Air Station Alameda? (https://en.wikipedia.org/wiki/Naval_Air_Station_Alameda …) I ride the ferry from Oakland to SF pretty frequently and I’m always astonished at how much empty land is there.
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It probably costs a lot to seismically retrofit (liquefaction zone) and make resilient to climate change (sea level rise). Those costs alone may make it not feasible.
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Support for housing is greater in Oak as it is seen as an essential economic engine. The citywide economic benefits of building housing in SF are rarely mentioned in public hearings.
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