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You chase everyone out it means: - Service workers (everything from baristas to cops to teachers) either disappear or have to deal with punishing commutes - B
by Futurebot 10y ago
You chase everyone out it means:
- Service workers (everything from baristas to cops to teachers) either disappear or have to deal with punishing commutes
- Brain drain. When even people making a decent salary get pushed out, it's bad for cities (http://sanfrancisco.cbslocal.com/2015/05/26/silicon-valley-exodus-is-real-even-techies-cant-afford-the-bay-area-anymore/ http://sanfrancisco.cbslocal.com/2015/05/26/silicon-valley-e...)
- Many people believe living in the place one was born/grew up in should be a right. That's a value difference. Markets do not get to dictate everything if we don't allow that.
Luckily, the market does have a solution to the housing problem itself: build a lot more of it, and prices will drop.
- archagon 10y agoWill highrises and density bring rent down? I think it's been shown that the number of houses needed to actually do that is enormous. In practice, what's likely to happen is that the city will fill up with even more of the well-off. (That is to say, people working in tech.) In a decade rent might come back down, but by then all those groups will be long gone anyway. Personally, I don't have any vested interest SF housing, as it's really not one of my favorite cities. But I keep thinking of what I would do if this was happening to a city I did actually love and live in, and I think in that situation I would be more sympathetic to the NIMBYs than the newcomers. I don't think there's any moral imperative for cities to keep growing.
- hx87 10y agoAt any given density, replacing low-rises with high-rises will bring rent down, as long as construction isn't overly burdened with neighborhood review and low-income-unit requirements. Sure, a lot of units will need to be constructed for rents to come down a significant amount, but a massive swath of the western sections of the city consists of 1-3 story single family houses, maybe with a shop on the first floor, which are ripe for conversion into 5-story walk-ups. That alone will provide a significant boost to housing stock without the seismic and elevator costs of high-rises. SF isn't my favorite city either, but what has happened in my current and favorite city (Boston) has made my less sympathetic to NIMBYs, both the high-income (I want my house to appreciate without doing any work!) and low-income (I want 20% of units just for me!/Screw the middle class!) types--they are the ones making things worse. Cities grow because businesses move there, and businesses move there because they want to be close to and network with other businesses. Employees can't exactly prevent that by staying in Nowhere, KS. I agree, there isn't any moral imperative for cities for keep growing, but for now at least, there is a practical one, and thus there is a moral imperative for cities to accommodate those to wish to live there.
- Futurebot 10y agoIt is enormous, no question. If governments and people were serious about it, it could be done, though. I don't think anyone is arguing it would be easy.