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pcwalton's profile
Patrick Walton
Patrick Walton
Patrick Walton
@pcwalton

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Patrick Walton

@pcwalton

Research engineer at Mozilla

San Francisco, CA
pcwalton.github.io
Joined November 2009

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    1. Luke Spray‏ @lukespray 23 May 2018
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      A friendly reminder that this site was slated to be housing but in 2014 the City put out a request for office space instead. In the midst of a housing crisis, our City leaders traded in 500+ homes for 4,000 workers.https://www.sfchronicle.com/business/article/Facebook-signs-lease-at-Park-Tower-in-SF-12927217.php …

      5 replies 35 retweets 83 likes
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    2. Luke Spray‏ @lukespray 23 May 2018
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      It's as if you were dying of thirst and instead of reaching for water you grabbed the saltine crackers instead.

      1 reply 1 retweet 26 likes
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    3. Luke Spray‏ @lukespray 23 May 2018
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      Fast forward to 2018 and there are about a dozen homes that have sold for less than $850,000 in the last two months. Only 12 families have found homes at the absolute rock bottom level of our price range in the past two months.

      1 reply 0 retweets 17 likes
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    4. Luke Spray‏ @lukespray 23 May 2018
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      By my count, there are another dozen or so currently on the market that will sell in that price range. There's now another 4,000 people competing for them.

      1 reply 0 retweets 11 likes
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    5. Luke Spray‏ @lukespray 23 May 2018
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      If you think we've learned our lesson, think again. We're about to approve the Central SOMA Plan in the next few months. It'll add 40,000 new jobs(!) and only 7,000 new units of housing.

      2 replies 4 retweets 19 likes
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    6. Luke Spray‏ @lukespray 23 May 2018
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      If this seems like a big deal, that's because it is. But you'd be forgiven for not knowing that, as we're somehow in the midst of a mayoral race that has hardly touched on it.

      1 reply 1 retweet 18 likes
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    7. Luke Spray‏ @lukespray 23 May 2018
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      Frankly, I've been shocked by how little we've talked about housing in this mayoral race. We've gotten plenty of vague, rehearsed answers, but very little beyond that.

      1 reply 1 retweet 25 likes
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    8. Luke Spray‏ @lukespray 23 May 2018
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      Which is sad, because at every house party our candidates go to, they should realize that—at our current trjectory—if the people in the room don't already own a home here, they'll probably never be able to own a home here.

      1 reply 1 retweet 13 likes
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    9. Luke Spray‏ @lukespray 23 May 2018
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      Frankly, it's a sobering exercise for all of us. The next time you're at a party, look around the room. Do the people in the room already own a home? Congrats! You're stable and gaining absurd equity in one of the most livable places on earth.

      3 replies 0 retweets 15 likes
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      Patrick Walton‏ @pcwalton 24 May 2018
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      Replying to @lukespray

      Make that single-family homes. Those of us who bought condos in the past 3 years (most SF millennial homeowners) aren’t really gaining equity anymore. Even homeowner equity is all going to the boomers. https://www.paragon-re.com/trend/dynamic-updated-market-analytic-charts …

      7:21 PM - 24 May 2018 from Civic Center, San Francisco
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