It’s astounding that people fight new housing - thus pricing out teachers, among many others - & then turn around & oppose a school district’s effort to keep teachers local by building below-market housing for them. And you wonder why we have a crisis?https://www.nytimes.com/2019/01/04/us/teachers-priced-out-tech-hubs.html?emc=edit_ca_20190108&nl=california-today&nlid=8958017020190108&te=1 …
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Replying to @Scott_Wiener
Teachers are only priced out because politicians divert money from teacher salaries to the homeless services industry (>>$300 million in SF)
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Replying to @reynoldscameron @Scott_Wiener
Definitely. To match the prices of homes in SF we should pay every teacher a salary of... About 250k, to purchase a median priced 1br home (1.6 million). To afford rent for a median 1br (3.6k per mo) they'd need at least 120k just to qualify (40 x monthly rent) They make 60k.
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This also means that just about everyone in the city should be getting paid 120k+. Teachers, firefighters, postal workers, janitors, baristas, waiters/waitresses, trash collectors, bus drivers, etc. OR we could focus attention on the cost of housing and stop pushing out non-rich
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Replying to @jakeonrails @Scott_Wiener
Median rent & home sale price is much greater than bottom quintile. A 2-income household each earning minimum wage $15/hr and working 50hr/wk can afford $3500/mo in rent. Plenty of options.
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The couple you're talking about is working full-time + 25% and spending >50%(!) of their combined income on rent. If either of them loses a job or has hours cut, rent is on the line. They can't afford to split up. They can't afford to have a kid. This is a VERY tenuous situation.
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“Median rent” means 50th percentile, not cheapest option available. The bottom quintile or decile of market-rate studio apartments costs well under $2,000/mo.
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I'm really skeptical of that claim. Very few apartments are on the market under $2k in SF, let alone "well-under." And while living in a 300 sq ft hole in a sketchy area can be a stopgap, your hypothetical couple is working too many hours to have many options for ever escaping it
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Currently 20 legitimate listings on Zillow for <$1600, and 60 listings of 2-bd apartments for under $3000.
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“20” “quintile or decile” Having attempted to shop in this area in roughly this bracket, I can tell you that “legitimate” lies on a very strange spectrum, and that it’s likely all of those apartments are only habitable in an essentially hypothetical sense. Give it a shot! :)
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The bottom quintile (1/5th) of all studios costs under $2000 (55 out of 264 current listings in SF). That is affordable to anyone earning at least $18/hr.
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Can you maybe see how these goal-post shifts matter? “Well under” becomes “anything under.” $15/hour becomes $18/hour. This isn’t a joke. Real people are trying to make this work, and they can’t fudge these numbers arbitrarily.
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