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> HN will make this a SFO story because it's HN Actually, the rents are far higher than they should be in not only SF, but NYC, DC, Boston, LA, London, and man
by davidf18 10y ago
> HN will make this a SFO story because it's HN
Actually, the rents are far higher than they should be in not only SF, but NYC, DC, Boston, LA, London, and many other cities and the reason is structural -- the use of zoning density restrictions to create artificial scarcity of housing to help the special interest group of wealthy landlords to the detriment of renters. Many people trying to make a life have trouble making ends meet while Donald Trump and other wealthy landlords have far more wealth than they would in an efficient market.