San Francisco is really a case study in how to make a city unaffordable with laws that you think will do the opposite.
@BenedictEvans I doubt laws are the main cause. What city with such prosperous inhabitants has low housing prices?
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@paulg@BenedictEvans Seatlle: 3,487 units will be built and opened in 2015. How many in San Francisco? http://www.bizjournals.com/seattle/blog/2015/07/106-active-projects-3-487-new-apartments-this-is.html … -
@trengriffin@paulg@BenedictEvans the cost of construction in Seattle is lower as well. In part due to less government overhead in building - Show replies
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@paulg@BenedictEvans the inhabitants are predominantly prosperous because no one else can afford to live in SFThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@BenedictEvans metro Nyc has many more rich people in raw numbersThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@BenedictEvans Vancouver = low median income, high housing starts (4800/year), and least affordable city in the world.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@BenedictEvans As with maybe all cities, most of the inhabitants of SF aren't that prosperous.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@BenedictEvans None, of course. But rent control does not esp. work as proponents think it does.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@BenedictEvans its that it could be less expensive, but for ineffective policies by a poorly run city govt.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@BenedictEvans DC absorbed more Bush-era war spending with lower rise in housing prices than SF has from tech, policies matterThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@BenedictEvans Zurich: prices are not *as* high + the city owns affordable housing and subsidizes high-quality cooperativesThanks. Twitter will use this to make your timeline better. UndoUndo
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