4 ms·
This is where things get complex. High rent isn't a natural state of nature—it's the result of building policies that prohibit housing. Austin Texas has roughly
by replicatorblog 11y ago
This is where things get complex. High rent isn't a natural state of nature—it's the result of building policies that prohibit housing. Austin Texas has roughly as many people as SF/Oak, but housing is plentiful and cheap, even close to the down town. Why? When the population increases, they build more housing.
- api 11y agoThose policies are an example of the wealthy using the government as a tool to extract rent, hence my comment about unilateral disarmament. While couched in liberal or eco-whatever rhetoric, make no mistake about it: SF's NIMBY policies are there so that urban property owners can extract rent and homeowners can profit off appreciation. NIMBYism of this sort is an example of regulatory capture.
- graeme 11y agoSan Francisco's city population density is 6x Austin's, according to Wikipedia. Are you sure you're comparing apples to apples? And San Francisco's metro area has more than double the population with about 85% of the land. People ignore this stuff when talking about the San Francisco. It's already pretty dense, compared to the median US city. It's just that a LOT of people want to live there, and those people have the money to pay.