Do you have giant non-negotiable pension liabilities that are protected by the last 63 years of CA Supreme court interpretations of contract law and insufficient (and also constitutionally capped) municipal tax revenues to cover this structural gap? Great! You need growth.
Before you tell me “this doesn’t happen”, this is *literally* what I’m doing right now. Moving out of a 100+ y/o studio to a new condo.
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I’m very happy that SF Planning allowed my new condo to be built, because now my rent controlled studio can go to someone who needs it. :)
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Did you move to SF from somewhere else?
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So... Why do we need to give up our rights then?
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You’re not giving up your rights. You just can’t make property owners give up theirs. If the project is near transit.
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