Your interpretation, not mine - it says "short term supply cannot create a dent in affordability or displacement crisis"
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Replying to @sf4sfsite @yimbywiki and
If we zoned to permit Manhattan level density across all of SF, result would be meeting demand for housing
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Replying to @WatsonLadd @yimbywiki and
"IF". In practice can't happen fast. Will be incremental. It's political and economic. Big real estate won't allow a pace that lowers profit
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Replying to @sf4sfsite @yimbywiki and
You're ignoring competition. Explain why postwar rebuilding actually happened.
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Replying to @WatsonLadd @yimbywiki and
Maybe projects penciled better before income inequality allowing builders to build for large middle class and coming boomer market
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Replying to @sf4sfsite @yimbywiki and
Builders can build affordable housing for ordinary incomes. Do so every day. Why do you suppose they won't?
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Replying to @WatsonLadd @yimbywiki and
Evidence is housing balance reports. Building 297% of Above Moderate AMI target 50% of Affordable target. And fact that subsidies req for AH
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Replying to @sf4sfsite @WatsonLadd and
RHNA is and has been a deeply flawed method for estimating housing demand for decades.
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Replying to @kimmaicutler @WatsonLadd and
Aside from RHNA the numbers show we're primarily building for the rich. Nobody I know believes that's right (except the far right)
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Replying to @sf4sfsite @WatsonLadd and
Then why don't you help pay for affordable housing, maybe through higher property taxes or giving up some cap gains at sale?
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The reason it's low is bc there's no funding mechanism outside inclusionary and inclusionary doesn't scale. http://cityobservatory.org/the-0-1-percent-solution-inclusionary-zonings-fatal-scale-problem/ …
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