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).
1 reply 1 retweet 3 likes -
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
2 replies 1 retweet 4 likes -
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 …
4 replies 11 retweets 15 likes -
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
@rolandlisf oh man. but one point: was 1981 a tech "bubble" tho? bc these took place during one and today has arguably similar circumstances2 replies 0 retweets 0 likes -
Replying to @imkialikethecar
@imkialikethecar 1981 story cites lack of housing supply and new arrivals. This was sort of a bubble, too: https://en.wikipedia.org/wiki/Savings_and_loan_crisis …2 replies 0 retweets 1 like -
Replying to @rolandlisf
@rolandlisf@imkialikethecar 1980 is when the population inversion started as people started returning to American cities2 replies 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler@rolandlisf@imkialikethecar this trend is dramatically overstated at least in terms of US as whole http://traveltrends.transportation.org/Documents/CA10-4.pdf …2 replies 0 retweets 1 like
@otis_reid @rolandlisf @imkialikethecar coastal cities mostly.
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