the days when the Mission had low-income accessible sticker prices ended years ago. https://www.zillow.com/homes/for_sale/pmf,pf_pt/_type/globalrelevanceex_sort/37.769103,-122.400033,37.750782,-122.438228_rect/14_zm/ …pic.twitter.com/EWMpWOlaGl
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
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the days when the Mission had low-income accessible sticker prices ended years ago. https://www.zillow.com/homes/for_sale/pmf,pf_pt/_type/globalrelevanceex_sort/37.769103,-122.400033,37.750782,-122.438228_rect/14_zm/ …pic.twitter.com/EWMpWOlaGl
That doesn't mean that there aren't still vulnerable residents in the community who are affected by these developments though.
the capital is flowing into the land in either case, elevating property values and the rents implied by them.
It can flow into the land & manifest more units of all kinds, MR & BMR, if granted permission. Or it can just increase prices w/ no benefit
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