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I honestly can't tell if this is supposed to be a banme or not. (USER WAS PUT ON PROBATION FOR THIS POST)
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Nov 8, 2016 02:03
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Panfilo posted:Eh, the minimum wage in San Francisco could be $5 an hour and housing prices would be just as bad. Theres a lot of scarcity due to foreign investment, air bnb letting building owners turn their properties into fauxtels and the trendiness of the area to single techbros cuts down on vacant rental units considerably. Popular cities with good weather are always going to be prohibitively expensive, especially cities built in the tip of a peninsula that limits growth. Housing prices are poo poo in SF because the local regulatory climate makes it a huge pain in the rear end to build stuff, especially apartments, for various reasons (NIMBY, not wanting THE POORS to move in nearby, etc). If you want more cheap housing in San Francisco, repeal the law that bans buildings over 40 feet in most of the city, and get rid of the laws that make it piss easy for people to obstruct new building. On top of that, many landlords have gotten out of the rental business in the past 10 years by utilizing a California state law called the Ellis Act, which allows eviction of tenants if you don't want to rent anymore. So there's almost no construction, and the number of rentable units is shrinking, not growing. This is not because of racism or because of airbnb or 'techbros', but because of self-inflicted idiocy on the part of the populace of San Francisco.
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Jan 8, 2017 19:22
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