2 ms·
Honestly, I hate articles like this because they always fail to recognize the biggest asshole, the landlords who extract economic rent from everyone and prevent
by malandrew 11y ago
Honestly, I hate articles like this because they always fail to recognize the biggest asshole, the landlords who extract economic rent from everyone and prevent all progress because increased supply makes their properties less lucrative.
It shocks me to see brand new condos going up in the city that are 4-5 stories tall when cities like Paris and Munich have shown that you can have human scale living at a much greater density. Why do new buildings have so few stories? Because landlords in the city heavily lobby for restrictions and challenge every project trying to scale them down. There is enough room for SF to keep its eccentrics and welcome newcomers and that solution is supply.
- ceras 11y agoFrom my experience living in the Bay Area, it was definitely not just landlords lobbying against construction. Normal residents often expressed NIMBY concerns like "changing neighborhood character." Many of the people I spoke to were not convinced that increased housing supply could reduce costs, and that "all new housing would just be for rich people." I think if more residents supported construction, the landlord lobby would have no hope, but unfortunately they have many allies.