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San Francisco has something like this. Conservatives are constantly trying to kill it because they perceive it as a barrier to new construction and therefore an
by thescriptkiddie 9y ago
San Francisco has something like this. Conservatives are constantly trying to kill it because they perceive it as a barrier to new construction and therefore an artificial constraint on supply. Of course, these same politicians also vote for stricter zoning regulations, so they might not actually be interested in increasing supply.
- kevinnk 9y agoCan you name a major political group or politician in SF that takes that stance? I'm not super integrated into SF politics, but everyone I know who's against restrictive measures like the OP suggests aren't voting for stricter supply (and if they are I don't want to support them).
- kevinburke 9y agoI believe you are referring to inclusionary zoning, which requires developers to offer 20% or so of onsite units at below-market rent, but also allows developers to offset this by paying for the equivalent of 30% of the number of units in an offsite development.
- closeparen 9y agoLiberals are also constantly trying to kill it because we'd prefer to have socioeconomically diverse neighborhoods, rather than "stick the poors in a crappier building somewhere else where the luxury tenants don't have to see them." The preferred alternative is to allocate some percentage of units in the new building to low-income tenants. Of course, some "progressives" want this percentage to be high enough to make development totally nonviable.