IssueRaiser

I think the author misses the point.

I think the author misses the point. Miami can fit the rich people all in one neighborhood because there aren't so many of them. San Francisco is sitting on an enormous bed of prosperity, and has little cheap land around it. There's not enough room for all the rich people, let alone everyone else. You can't just say, "Toss them in the Marina." (Of as some might prefer, "Toss them off...") I wish there was an easy answer, because none of the surrounding areas wants to locally address low income housing. My hunch is this needs to be handled on a State level to avoid the NIMBY syndrome. I don't think rent control or shaking down new developers to include a few below-market rooms solves much in the face of such an overwhelming supply and demand imbalance.

Posted by mathattack on Apr 20, 2015, 4:26 PM

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reliability (Housing)

I think the author misses the point.

mathattackApr 20, 2015, 4:26 PM

I think the author misses the point. Miami can fit the rich people all in one neighborhood because there aren't so many of them. San Francisco is sitting on an enormous bed of prosperity, and has little cheap land around it. There's not enough room for all the rich people, let alone everyone else. You can't just say, "Toss them in the Marina." (Of as some might prefer, "Toss them off...") I wish there was an easy answer, because none of the surrounding areas wants to locally address low income housing. My hunch is this needs to be handled on a State level to avoid the NIMBY syndrome. I don't think rent control or shaking down new developers to include a few below-market rooms solves much in the face of such an overwhelming supply and demand imbalance.

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