THIS. When someone tells you new condos will drive neighborhood housing costs up, look around and you'll see housing costs are already up.https://twitter.com/kimmaicutler/status/843662311990611970 …
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lol "protecting property values" is society's most important function!
when good rentals come on the market, is it not obvious that there is overbidding? it is to me.
not if you deed restrict /rent control all new housing! Then wealthy can only outbid on your market rate home!
Don't forget that Calvin Welch championed down-zoning in the Haight and owns $2mil+ duplex. http://sfbamo.com/news/video-san-franciscos-pony-tailed-godfather-of-white-paternalism/ …
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