Sigh, who bought a home in 1976 Haight Ashbury for ~$30K that's now worth $2 mil.https://twitter.com/sfhac/status/692928451439935488 …
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Replying to @kimmaicutler
@kimmaicutler that's a cheap shot. Not about his home value, it's about citywide affordability for all. Sheer supply doesn't answer that.1 reply 0 retweets 3 likes -
Replying to @chrsdcook
@chrsdcook the program *uses* market rate housing to fund 30% middle income housing. It's not a raw supply program.2 replies 0 retweets 6 likes -
Replying to @kimmaicutler
@kimmaicutler can't speak to his comment, but market rate to fund 30% middle income is not enough. Not in this housing crisis.2 replies 0 retweets 1 like -
Replying to @chrsdcook
@chrsdcook you look at the financial math and see what's actually possible2 replies 0 retweets 4 likes -
Replying to @kimmaicutler
@kimmaicutler but as you know, huge developer profits padded into "costs"– up to 30% profits.2 replies 0 retweets 0 likes -
Replying to @chrsdcook
@chrsdcook whatever, like the non-profits are doing any better http://www.socketsite.com/archives/2015/07/budget-to-build-72-affordable-units-in-the-mission-888889-each.html … $889K costs per new unit in the Mission1 reply 0 retweets 1 like -
Replying to @kimmaicutler
@kimmaicutler that's a very poor, defeatist comparison. So we shouldn't aim any higher?1 reply 0 retweets 0 likes
@chrsdcook like $1M a unit LOL bc well get there
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