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Kim-Mai Cutler Retweeted SF Chamber
And on the "moderate" side too:https://twitter.com/SF_Chamber/status/1101527275931983872 …
Kim-Mai Cutler added,
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Kim-Mai Cutler Retweeted Richard Hall
Kim-Mai Cutler added,
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Kim-Mai Cutler Retweeted marymcnamara
Kim-Mai Cutler added,
marymcnamara @marymcnamaraReplying to @HammadQuddusi @trixstar36 and 2 othersCareful what you wish for. SF Bay Area has a massive jobs/housing imbalance as does Seattle, driving home prices thru the roof - in spite of the construction frenzy in Seattle. SF has built thousands of units, 60k in pipeline - won't make a dent in costs. Too many jobs, too fast.1 reply 0 retweets 20 likesShow this thread -
Kim-Mai Cutler Retweeted Randy Shaw
Kim-Mai Cutler added,
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Replying to @AKGsf
It’s where and how you permit. American metros tend to permit single family homes in the exurbs (cheap but not sustainable) or towers downtown (expensive to build) or other mega projects (other problems like soil quality/pollution)
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Replying to @kimmaicutler
Yes, and yet, the loudest, most frequent and knee jerk wailing from developers and politicians, when addressing the housing problem, is about how inefficient the permitting process is. This is a distraction. Especially in the face of the number of permitted units.
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Replying to @AKGsf
I really don’t understand what your point or solution is....
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Replying to @kimmaicutler
My point is a simple one: too often developers and politicians speaking for developers claim that, but for the regulatory process, there would be no housing crisis. The solutions are systemic and far too complex for a tweet.
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The length and unpredictability of permitting pushes financing costs higher to compensate for the risk and additional holding period for both subsidized affordable and market rate housing
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Replying to @kimmaicutler
Indubitably! However, is that what we believe is the fulcrum of the housing crisis?
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