Babyboomer property owners in the Bay think they're punishing tech but they're really screwing the poor.https://twitter.com/JedKolko/status/767739772747993088 …
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we have an unusual market because 45% of units are rent controlled. Most cities do not have the strength of RC that we have.
Good point. Not sure how the original calculation was done. @richard_florida has done work on this, may have insight.
costs of the people who are newest here, who have neither RC nor Prop. 13 protections.
yes but non-rent-controlled Sunnyvale is at the absolute bottom of the list, and Santa Clara pretty far down too
when did everyone buy their properties?
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