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For a more skeptical viewpoint: http://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2017/10/on-cutting-house-prices.html http://stumblingandmumbling.

• kevinburke 9y ago
  I guess SF’s recent experience, where years of rent and owner move-in eviction increases ended the same year we built a record number of housing units, belies this. Sure we may run into other problems, but right now a third of California renters are paying more than half their salary in rent. I’d take my chances with a lot of other crises to help with that one.
  • frgtpsswrdlame 9y ago
    >I guess SF’s recent experience, where years of rent and owner move-in eviction increases ended the same year we built a record number of housing units, belies this. Care to link me? I'm interested in this. But mainly I agree with the article that increasing building is only a long-term solution, to fix the ridiculous prices of housing in the short-term different measures are needed - there's just no way to build enough housing in the short term.
    • kevinburke 9y ago
      http://www.nbcbayarea.com/news/local/Eviction-Notices-San-Francisco-Residents-Drop-418409993.html http://www.nbcbayarea.com/news/local/Eviction-Notices-San-Fr... In the short term, building more housing will still result in lower rents relative to not building more housing; its the right thing to do for both time frames.