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 @kimmaicutler and
Why this lack of sympathy for people paying market rent?
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Replying to @WatsonLadd @kimmaicutler and
I'm ok with 50/50 balance beyond that I see them as a gentrifying force
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Then you need to find another funding source and you don't have one. You can't really get above ~20 on a consistent basis w inclusionary.
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Replying to @kimmaicutler @sf4sfsite and
Income won't work w affordable housing; it's the low/capped taxes + shortage that motivate ppl/entities to park and more $ into real estate.
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Replying to @kimmaicutler @sf4sfsite and
city income tax: currently disallowed by CA; & not much on state agenda. 0.5% on > $1M income in SF = $62M/yr, see http://www.sfexaminer.com/sf-considers-local-income-tax-proposal/ …
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