Yes. Political actors in SF ostensibly arguing for equity will just gentrify Oakland more. https://www.sfchronicle.com/business/article/Why-downtown-Oakland-is-booming-14869616.php …https://twitter.com/PaulRoales/status/1214636083217981440 …
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Kim-Mai Cutler Retweeted Renee DiResta
And it only cost them $400K.https://twitter.com/noUpside/status/1214390623484035073 …
Kim-Mai Cutler added,
Renee DiRestaVerified account @noUpsidePlease note the key sentence in this article about an upcoming SF housing ballot measure. $407k can buy housing policy. That’s it. Less than a seed round. This is what the proposition system enables, but only one side is playing the game... https://missionlocal.org/2020/01/proposition-e-barring-unforeseen-lunacy-will-pass-handily-but-then-what/ … pic.twitter.com/KZmZ00a5dmShow this thread4 replies 4 retweets 59 likesShow this thread -
Dilemma of the Bay Area city. 1) Say no to office growth = will be harder to keep up with deficits & $10B pension/OPEB liability + big companies that are more resourced and adept at tax evasion will crowd out everyone else + gentrify East Bay.https://www.sfchronicle.com/bayarea/article/SF-mayor-orders-budget-cuts-as-city-takes-on-14911585.php …
3 replies 9 retweets 77 likesShow this thread -
2) Say yes to office growth = gets disproportionately priced into residential real estate with little recapture from existing property owners to compensate for impacts because of Prop. 13.https://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html …
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But this measure won't meaningfully add more funding for affordable housing. It will just ban office space in SF, and then shift the calculus of office space feasibility into other Bay Area cities.
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Kim-Mai Cutler Retweeted 🇧🇧 🇹🇹 🇺🇸 👨👩👧👦 🐕 🌉
https://twitter.com/eparillon/status/1214680782213660674?s=21 …https://twitter.com/eparillon/status/1214680782213660674 …
Kim-Mai Cutler added,
1 reply 1 retweet 22 likesShow this thread -
So the new line of thinking today to solve the housing crisis in the Bay Area is to address the jobs-housing imbalance -- not by building more housing -- but by banning everything else like office! See Palo Alto's most recent mayor: https://sf.curbed.com/2020/1/13/21062784/palo-alto-mayors-housing-crisis-sb50-filseth-fine …pic.twitter.com/L69yrb03CR
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And in SF with Prop. E, which is marketed as an affordable housing measure, but is actually a long-term office ban that all but ensures that only cos like Google & FB will be able to afford SF long-term & will push offices into East Bay, South SF: https://www.citylab.com/equity/2020/01/san-francisco-affordable-housing-office-space-proposition-e/604651/ …pic.twitter.com/S2ynDQHhUb
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Big Tech crowding out everything else, Part #4193 from
@alexismadrigal:https://www.theatlantic.com/technology/archive/2020/01/why-silicon-valley-and-big-tech-dont-innovate-anymore/604969/ …1 reply 5 retweets 25 likesShow this thread -
Oh, a report from the city economist showing that the board of supervisors wants to cut SF’s GDP growth by $23 billion over the next 20 years in a measure that doesn’t actually increase funding for affordable housing.https://sf.curbed.com/2020/1/28/21111334/san-francisco-prop-e-balanced-housing-act-report …
2 replies 9 retweets 51 likesShow this thread
Kim-Mai Cutler Retweeted Ask Me About Prop. 15
Everyone actually running the campaign for this measure doesn’t care about the future because they’re not going to be around anyway. https://twitter.com/tribtowerviews/status/1191938766371467264?s=21 …https://twitter.com/TribTowerViews/status/1191938766371467264 …
Kim-Mai Cutler added,
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Replying to @kimmaicutler
Why is SF so determined to be the new Detroit? in 2020, cutting your nose to spite your face seems to be the new normal and its ONLY JANUARY!
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Replying to @kimmaicutler
Let's see: 1) Intentionally suppress job growth; 2) Don't build any new housing. Young people are gonna love it.
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