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I think many people in SF have been introduced to the law of supply and the law of demand, they just don't believe in them. Or they like the way things are, be
by ktRolster 11y ago
I think many people in SF have been introduced to the law of supply and the law of demand, they just don't believe in them.
Or they like the way things are, because new housing would driver their property values down.
- BurningFrog 11y ago“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” ― Upton Sinclair
- Fjolsvith 11y agoWe experience this in a small town in NW Kansas. The few people who own most of the rental properties in town continually try to suppress any new construction.
- jessaustin 11y agoI've been to NW Kansas, and I wouldn't have expected a lack of empty land to be a problem in that region. Can the rentiers also prevent annexation, and the extension of city utilities to annexed land? Even if they can do that, surely they can't prevent the drilling of wells?
- kevin_thibedeau 11y agoLarge apartment complexes need to be tied into a municipal sewer. That binds them to the outskirts where the vested players can deny access.