Bruce Gibney was at Founders Fund.
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was it well-researched or was it more of a polemic?
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it'll go back to (some) kids as an inheritance. More like an inheritance society via once-affordable tract homes.
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We can't even if we wanted to do because of land availability. Cheap land makes for cheap housing.
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We're not capable of racing to the bottom, only preventing drowning in a rising tide where only the wealthiest or housing heirs can compete.
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Do you own your home in Los Gatos? Is it worth 10X what you bought it for bc immigrants made this region a world-class economic powerhouse?
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Let's ask
@mdweinberg and@MattRegan10 who are from the org that commissioned it. -
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@BayAreaCouncil naturally focused on the Bay Area but national surveys show younger folks want suburban housing we don't have
End of conversation
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- brought to this by sb375, tech invasion, real-estate industry, speculators - but we're saving the world by making it unaffordable :(
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then there would be nothing to pay city employees & their retirements w/ after the recession http://modernluxury.com/san-francisco/story/san-franciscos-incredible-expanding-budget …http://www.sfgate.com/bayarea/article/3-questions-for-S-F-Controller-Ben-Rosenfield-3162192.php …
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