Btw it costs $780M per mile to build BART underground today & Berkeley has three underground stations. It is totally irresponsible to leave low-density and single-family zoning near billions of dollars of public infrastructure that taxpayers have paid for. https://www.citylab.com/transportation/2018/01/why-its-so-expensive-to-build-urban-rail-in-the-us/551408/ … https://twitter.com/ByRosenberg/status/955900127184474112 …
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Uh... Density ≠ affordability. The real estate developers who are paying Skinner and Wiener to do this to us aren't doing it because they want to build _low income_ condos. They want another Hong Kong. High rises full of $4m condos with $500k parking spaces.
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Actually, Hong Kong is 50% public or affordable government subsidized housing.http://www.scmp.com/comment/insight-opinion/article/2118732/how-hong-kongs-public-housing-policy-failing-those-most-need …
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EXACTLY. And that's exactly where we'll have to be if we let developers tear down people's actual houses and put up empty condo towers instead. Except do you really think Berkeley can afford to build enough 100 sq ft apartments to house everyone who'd be displaced?
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No, I'm saying if you actually spend time around the Bay and you're concerned about Chinese overseas investors, their activity is more obvious in old tract homes on the peninsula that are now worth $2-4M. You are actually protecting their investment returns by prohibiting supply
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