4 ms·
> All that air space that could be condos, homes for people, anything at all, wasted so that "people can see the mountains better". Meanwhile, my friend and his
by taway_1212 9y ago
> All that air space that could be condos, homes for people, anything at all, wasted so that "people can see the mountains better". Meanwhile, my friend and his girlfriend are paying $4000/month for 1000 sqft.
My guess is that, if significant amounts of extra housing were added in the Bay Area, software devs salaries would fall. Right now, software companies need to pay insane money in order to offset the insane cost of living (as otherwise, they'd lost their workforce). So, filling BA with high-risers would not help members of this forum that much (it would likely be very helpful for people in low-wage jobs though).
- flaque 9y agoThis assumes that the cost of living would stay the same. Salaries might fall, but so would cost of living.
- kamaal 9y agoHome prices will fall too. So all these people who have already paid millions for their homes will suddenly find their homes devalued by a huge margin. Needless to say that won't go down well.