I am le shocked
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"We build so little, we haven't even run out of people who can pay a million dollars for a condo yet." "Oh, don't worry, we'll be tough negotiators and make sure that never happens."
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Progressives who stand in the way of progress. A San Francisco special.
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Ms. Kim and Daly before her have been very good extracting "value" from larger SOMA development deals. Whether that model should apply to < 6-8 unit infill projects seems problematic. At some point the extra housing (w/decent BMR %) is more valuable than demanding extra dev $$$.
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The Mission hadn't built a single unit of affordable housing in over a decade, despite persistent demand until SB35 was passed. Tell me again how "tough" local negotiations help this process?https://missionlocal.org/2018/04/fully-affordable-housing-fails-to-rise-in-sfs-mission-and-no-one-knows-why/ …
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