Tim: Mayor's Office of Housing and Economic Development director says we can't increase fees or development will stop. Tim's fine with that.
-
Show this thread
-
Tim: if growth doesn't benefit the City, we don't need it
1 reply 0 retweets 5 likesShow this thread -
Q: what does City Planning do? [Laughter in room] A: John Elberling calls it a permit processing org. They don't make it possible to put new windows in your house. Just to process developers' plans. We need zoning to address the city's needs.
1 reply 0 retweets 1 likeShow this thread -
Zoning should look at a "community needs assessment." How do we use tools of city planning to get that? Developers never follow the rules. They always want these conditional use permits for what they want. City could say what they want.
1 reply 0 retweets 1 likeShow this thread -
Tim: Planning Department works backwards. It's the planning director who runs things day-to-day, and it's the mayor who chooses them.
1 reply 0 retweets 1 likeShow this thread -
Tim: "I could spend two hours talking about the economics of the housing market in San Francisco."
1 reply 0 retweets 1 likeShow this thread -
Tim: number one source of housing in SF is rent-controlled. If someone moves out, rent gets reset. Studies show development doesn't make housing cheaper. Development is driven by international investors. SF, New York, and Vancouver are seen as the best places to invest.
1 reply 0 retweets 3 likesShow this thread -
Tim: you can get 12% return on condo space here. In 80s, Reagan's deregulation and changed rules on depreciation made office space best investment. We begged developers to build housing in the 80s but they just wanted to build office.
2 replies 0 retweets 3 likesShow this thread -
Tim: Residential Builders Association used to ask bank for $500k loan to buy a house. Not defending them. Never happens anymore.
1 reply 0 retweets 1 likeShow this thread -
Tim: Now, 30% of condos are empty. Determined that by looking at where the property tax bills go, and I would personally go to condo buildings, get access, interview neighbors who would say they never see neighbors.
2 replies 0 retweets 4 likesShow this thread
As someone who lives in one of these buildings and knows the neighbors, this is a lie, and it's insulting that @timredmondsf would erase my neighbors. He owes us an apology.
-
-
Replying to @pcwalton @timredmondsf
I'm confident Tim was being truthful. We just don't know if it represents a larger pattern or if people don't know their neighbors for other reasons.
0 replies 0 retweets 1 likeThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.