The year of magical thinking. http://www.48hills.org/2015/08/25/the-developers-are-nervous-about-the-mission-moratorium/ … from @timredmondsfpic.twitter.com/9DhaKNLrh1
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@EskSF @hanlonbt @tmccormick @timredmondsf other countries like AUS/UK have systems for tracking, taxing this behavior
@kimmaicutler @EskSF @hanlonbt @timredmondsf new pied-à-terre creates bldg work, new prop taxes, may divert displacement of another unit.
@tmccormick @kimmaicutler @EskSF @timredmondsf Exactly-people wanting a vacant unit can easily buy into existing stock. It's a non sequitur.
@kimmaicutler @EskSF @hanlonbt @ptraughber bubble-beset places like SF might think how to create elasticity in new ways, such as adaptable/
@tmccormick @kimmaicutler @esksf @ptraughber Or, encourage speculative development so we benefit from cheap housing after the crash.
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