And now there are so many buildings being built next to tent citieshttps://twitter.com/kimmaicutler/status/1160938249885376512 …
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Replying to @fakerapper
Kim-Mai Cutler Retweeted 𝔇𝔞𝔯𝔯𝔢𝔩𝔩 🍫 𝔒𝔴𝔢𝔫𝔰
The buildings aren’t the cause. The buildings only pencil or get financing when the rents on the pre-existing city housing stock are projected to get high enough to cover the costs of construction, land. The West Bay allowed too many jobs w no housing.https://twitter.com/idothethinking/status/1157437062963843072?s=21 …
Kim-Mai Cutler added,
𝔇𝔞𝔯𝔯𝔢𝔩𝔩 🍫 𝔒𝔴𝔢𝔫𝔰 @IDoTheThinking#betterbayarea here is a graph of the jobs housing imbalance. What action is being taken in SF and the Peninsula to reduce the regional housing pressures they created to job expansion? How should we go about repealing Prop 13 so that corporations like Chevron in Richmond pay? pic.twitter.com/Cg9ylFJlrlShow this thread1 reply 0 retweets 8 likes -
Replying to @kimmaicutler
Thanks for sharing this with me. It’s helping to make sense of it all as an Oakland resident.
1 reply 0 retweets 0 likes -
Replying to @fakerapper
Kim-Mai Cutler Retweeted Kim-Mai Cutler
The West Bay wanted the tax revenue from the jobs but they didn’t want to build the housing so they put it on the East Bay’s back.https://twitter.com/kimmaicutler/status/1156969322679418880?s=21 …
Kim-Mai Cutler added,
Kim-Mai CutlerVerified account @kimmaicutlerSan Francisco and other affluent West Bay suburbs balanced their long-term finances on the backs of extremely low-income East Bay tenants by building metric tons of office space to close the gap between unfunded pension liabilities and capped residential property tax assessments. https://twitter.com/sfchronicle/status/1156905870950899712 …Show this thread1 reply 0 retweets 0 likes
And then Alameda County is not a city-County like SF so its homeless services are just not as well organized bc it’s a bunch of govts rather than one single govt.
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