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For those of you living in the bay area what's your take on the future of this situation? I'm genuinely curious because I think in a few years from now Denver
by sakopov 10y ago
For those of you living in the bay area what's your take on the future of this situation?
I'm genuinely curious because I think in a few years from now Denver will be in the exact same boat.
- Decade 10y agoMy feeling is firm pessimism. Upton Sinclair said, “It is difficult to get a man to understand something, when his salary depends upon his not understanding it!” As the WSJ says, we have “tenant organizations, unions and church groups” fighting to pass rent control. They all face imminent declines in power if their constituents have to leave. I guess they are hoping for breathing room, until either the economy collapses or “permanent BMR units” can be built to help with the inevitable churn. But rent control by itself makes the situation even worse for the working class. No amount of science and repeated real-world demonstrations seem to matter to the self-appointed “soul” of the community.[0] The people are, on the whole, just looking for somebody to follow, and the activists are indoctrinating the kids early and often. Horrible legislation has a decent chance of becoming law. [0]http://www.theatlantic.com/politics/archive/2015/12/san-francisco-is-confused-about-the-villain-thats-making-it-unaffordable/422091/ http://www.theatlantic.com/politics/archive/2015/12/san-fran...