Just a reminder that the Supervisors and the Planning Commission are WHY it's more profitable to build corporate rentals than affordable homes and it's THEIR responsibility to change the incentives and zoning to facilitate more affordable housing.https://twitter.com/SFist/status/1154805144283955201 …
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Cathy Reisenwitz 🏗 🌐 🥑 Retweeted SF YIMBY
Cathy Reisenwitz 🏗 🌐 🥑 added,
SF YIMBY @SFyimby"..the charter amendment could have reduced the approval process of projects by up to two years and reduced construction costs..." and would have added "...more funding and increase the inventory of middle income housing." Killed by the@sfbos. https://www.sfexaminer.com/the-city/supes-defeat-mayor-breeds-november-charter-amendment-to-speed-up-housing/ …1 reply 0 retweets 2 likesShow this thread
Replying to @CathyReisenwitz
If you make compliance and permitting *extraordinarily* expensive while approval remains nail-bitingly tenuous, this is the development you'll attract: high risk, high reward; big budgets backed by superb lawyers. Everybody knows it. SF is getting exactly what it incentivizes.
12:58 PM - 26 Jul 2019
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