@SFyimby I do think you are effectively advocating for luxury condo developers, in a misguided belief that housing will trickle down.
-
-
Replying to @noahsloss
@noahsloss@SFyimby luxury? A fancy SOMA 1BR is $3300. A run-down 1907 1BR is $3k. That's a $300 luxury premium, but a $2k scarcity premium2 replies 4 retweets 12 likes -
Replying to @rafaelsolari
@rafaelsolari@SFyimby a 1 bedroom at the Lumina costs $800K-$1.25mil. This is the "housing" you are advocating for http://m.sf.curbed.com/archives/2014/09/26/buyers_unfazed_by_dizzying_2000persquare_prices_at_lumina.php …3 replies 0 retweets 0 likes -
Replying to @noahsloss
@noahsloss@rafaelsolari@SFyimby math. It's 650k per door right now to build any unit and then there's1 reply 0 retweets 1 like
@noahsloss @rafaelsolari @SFyimby ordinary income tax on condo sales or cap gains on rental building sales.
12:48 PM - 14 Jul 2015
0 replies
0 retweets
2 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.