But everyone is basically rent-controlled, Prop. 13 protected so they have no idea what current land value, prices of 100-yr old units implyhttps://twitter.com/maxtropolitan/status/843663355768389633 …
therefore we'll just keep letting the existing units become more and more exorbitantly overpriced through shortage? OK.
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No. We should be putting more pressure on developers to provide low-income housing. Not an Ed Lee priority
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but markets exist and we can't build only below-market price housing or the dev doesn't happen at all
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