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If people take residences that would otherwise be available to long-term tenants and make them only available as short-term rentals, how is that not further con
by stellar678 11y ago
If people take residences that would otherwise be available to long-term tenants and make them only available as short-term rentals, how is that not further constraining the supply of housing?
I completely agree that the lack of new housing is a huge component of the high prices, but it is reductive to pretend that a particular pet issue is the only thing causing SF's housing shortage. It's a huge problem with myriad causes.
- bduerst 11y agoThey address this in the article - less than 1 in 1000 residences are renting enough nights to break even on rent, implying that it's not a supply problem. Residents in SF and the peninsula are pretty quick to try to put the housing-problem blame [1] on anything tech related, but traditionally haven't wanted to increase the supply (high density housing). [1] http://www.sfbg.com/politics/2013/12/20/sf-and-oakland-activists-block-tech-buses-protest-displacement http://www.sfbg.com/politics/2013/12/20/sf-and-oakland-activ...