Amusing sign of Bay Area dysfunction when on the same day the planning commission votes to more than double taxes on new office construction....https://www.bizjournals.com/sanfrancisco/news/2019/09/20/san-francisco-commercial-development-fees-to-rise.html …
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To a city that has 5.5 million square feet of office space and only 800 units of housing under construction.https://twitter.com/belmontrenters/status/1148849629020033024?s=21 …
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Raising the fee is ostensibly to solve the city’s jobs-housing imbalance.https://twitter.com/matthaneysf/status/1175070718838505474?s=21 …
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But the proposed fee is $20/sqft higher than the planning dept says is feasible. https://commissions.sfplanning.org/cpcpackets/2019-011975PCA.pdf …pic.twitter.com/emY92QdqJr
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Also can’t solve jobs-housing imbalance if cos, again, move one town or so over.




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Totally functional:https://twitter.com/cafedujord/status/1176558326525489152?s=21 …
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definitely absurd, but can we really call it dysfunction if this is the outcome the city gov wanted?
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“Let’s make the city even more financially and structurally dependent on things we claim we don’t like!”
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Also it’s a financial services company which is disproportionately hit by Prop C
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Why move to SSF when there are projects ready to go vertical in Oakland.
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