When people say San Francisco has 72,000 units of housing in the pipeline, it's usually in bad faith as most of these projects are stalled, on hazardous sites with possible remnants of nuclear waste and won't be done for decades.https://twitter.com/joegarofoli/status/1217919678762246145 …
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And on the "moderate" side too:https://twitter.com/SF_Chamber/status/1101527275931983872 …
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The city supervisors believe developers are charities and should have zero profit margins, once projects are entitled its extremely difficult to get financing. Nothing pencils in the city with all the demands of city supervisors from impact fees and inclusionaries.
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I was so mad when I first saw this tweet from sup Haney. I was surprised he didn't take a picture in front of a "Mission Accomplished" banner to go with it
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yup.
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