The more this behavior gets priced into Bay Area real estate markets, the harder it will be to fix it.https://twitter.com/laurensmiley/status/657246590172729344 …
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Replying to @kimmaicutler
@kimmaicutler@laurensmiley Let's just remember that foreigners are not the problem. The housing market is the problem.3 replies 0 retweets 4 likes -
Replying to @JedKolko
@JedKolko@laurensmiley I grew up in these communities. I have no problem with sales to people who want to live and work here.1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler@laurensmiley Then let's identify the problem as units held vacant, some of which happen to owned by foreign investors.1 reply 0 retweets 2 likes -
Replying to @JedKolko
@JedKolko@kimmaicutler if only there was, say, a legislature that could levy, say, a tax, on nonresident owners whose units aren't occupied4 replies 0 retweets 3 likes -
Replying to @NickTimiraos
@NickTimiraos@JedKolko to do that, the government would need to know where you sleep at night.#spying1 reply 0 retweets 0 likes
@NickTimiraos @JedKolko was being facetious on the last comment about spying. Making fun of Airbnbs campaign.
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