With the absence of state and federal support, and barely any regional coordination, cities focus on extracting from the private sector.
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Replying to @rolandlisf
OK, so we're going to get into some opinions now instead of just facts. These are up for healthy debate! Let's consider...
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Replying to @rolandlisf
I talked to a developer today. Things he said he can't control: Financing terms (a national/global market), construction costs (regional)
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Replying to @rolandlisf
And rents! (a complex dance of supply, demand, job growth and city regulations) But one thing he has influence on: Land cost.
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Replying to @rolandlisf
Well, he can offer to pay less for land if concessions go up. But the owner can say, no, I'm just going to wait (thanks Prop 13).
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Replying to @rolandlisf
But if everyone waits? Rents probably go up. And you have housing for the super wealthy and BMR lottery winners, buy barely for middle class
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Replying to @rolandlisf
"CHANGING SAN FRANCISCO IS FORESEEN AS A HAVEN FOR WEALTHY AND CHILDLESS" (1981) http://www.nytimes.com/1981/06/09/us/changing-san-francisco-is-foreseen-as-a-haven-for-wealthy-and-childless.html …
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Replying to @rolandlisf
@rolandlisf found this story a few months ago and it's everything! eerie how it could have been written today.1 reply 0 retweets 1 like -
Replying to @imkialikethecar
@imkialikethecar These two too! (Minus the Oakland office construction) http://www.nytimes.com/2000/06/06/us/in-san-francisco-renters-are-supplicants.html … + http://www.nytimes.com/2000/08/08/us/oakland-joins-the-bay-area-boom.html …2 replies 0 retweets 0 likes -
Replying to @rolandlisf
@enievesap Does this time feel different? cc
@imkialikethecar1 reply 0 retweets 0 likes
@rolandlisf @enievesAP @imkialikethecar "history doesn't repeat, but it does rhyme"
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Replying to @kimmaicutler
@kimmaicutler@rolandlisf @enievesap ha, that's good saying1 reply 0 retweets 0 likes -
Replying to @imkialikethecar
@imkialikethecar@rolandlisf @enievesAP it's supposedly attributed to a journalist who covered another San Francisco boom time long ago ;-)1 reply 0 retweets 0 likes - 3 more replies
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