there are only 6K housing units sold per year in SF, 7,600 if you include condos.
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Replying to @kimmaicutler
He meant that maybe we could benefit from a stall in economic growth.
@sf4sfsite@SFyimby@papadooloo1 reply 0 retweets 1 like -
Replying to @thomas_lord @sf4sfsite and
treading now in part bc we added 3,500 units last yr, instead of 1,900 http://blog.sfgate.com/ontheblock/2016/12/28/s-f-rents-finally-drop-while-sacramento-and-stockton-skyrocket/ …
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Replying to @kimmaicutler @thomas_lord and
so, not rising by 10+% YOY is a positive.
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Replying to @kimmaicutler
With any luck, bay area tech will crash & trump will f.up and things might really turn around.
@sf4sfsite@SFyimby@papadooloo3 replies 0 retweets 0 likes -
Replying to @thomas_lord @sf4sfsite and
recessions are usually far worse for the poor and working-class than they are for others.
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Replying to @kimmaicutler @thomas_lord and
Who knows if it's tech bubble focused the poor may come out ahead. The middle's already gone
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Replying to @sf4sfsite
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@sf4sfsite 08 property crash slaughtered low-mid class, didn't touch wealthy areas@kimmaicutler@thomas_lord@SFyimby@papadooloo2 replies 0 retweets 2 likes -
Replying to @Hyper_lexic @kimmaicutler and
But 2008-11 rents dropped 27% so hard to believe middle & poor didn't benefit
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Replying to @sf4sfsite @Hyper_lexic and
and what happened to unemployment? Which demographics of homeowners went
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underwater first and faced foreclosures first?
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Replying to @kimmaicutler
Try to remember that you are supposedly arguing in favor of that system.
@sf4sfsite@Hyper_lexic@SFyimby@papadooloo1 reply 0 retweets 0 likes -
Replying to @thomas_lord @sf4sfsite and
not arguing in favor of the system, but more in the reality that federal, state
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