5 ms·

Or people could just stop moving to SF already. Supply and demand works two ways, and it's not like the SF housing shortage is a secret.

• nathantotten 10y ago
  But one of these is the market functioning correctly - people moving to places with good jobs. The other is the market being manipulated to serve the interests of a relatively small group of people - restricting housing supply.
  • makomk 10y ago
    No, the market is not functioning correctly. The SF housing situation is making it increasingly expensive to get workers in SF. In a functioning market this would cause businesses to set up elsewhere. This isn't happening, in part because funding is coming from a relatively small, tightly-connected group of SF-centric VCs.
• BinaryIdiot 10y ago
  So what do you suggest the companies do that already exist in the area when they need more employees? "Tough shit"? That likely won't work in a free market :) Finding a place to live there absolutely sucks and I hope someone eventually makes progress towards fixing it but I'm not sure telling people to stop taking good jobs is going to fly.
  • onion2k 10y ago
    Employ remote workers.
  • mdorazio 10y ago
    Open offices in other locations? Move to other locations? Allow remote work? The notion that companies just have to setup shop and maintain a primary presence in SF is ridiculous.