What if Scott @Scott_Wiener and the Yimbys have the housing crisis backwards? @kimmaicutler @SFyimbyhttps://48hills.org/2018/02/state-housing-crisis/ …
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Cities don't build housing; private developers do. There are 40,000 approved units unbuilt in SF. Developers build when there is enough ROi. If they built enough to bring housing prices down a whole lot, the ROI would go down and they would stop building.
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At least, that's what Jane Kim said at the debate -- 40K units approved, not blocked by Nimbys, not caught up in red tape. Just not built. In SF
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