3 ms·
Here is the problem, the bay area is filled with hypocrites. After all, they are having formal galas for affordable housing. Let me explain. Most of the same pe
by nodesocket 9y ago
Here is the problem, the bay area is filled with hypocrites. After all, they are having formal galas for affordable housing. Let me explain. Most of the same people who are pro-affordable housing and homeless rights are making 200K a year plus and living comfortably in their $4,000 a month rent apartments. I fully expect this won't be a popular opinion, but I don't have a horse in this race anymore. I'm moving to Nashville Tennessee next month, but I believe in free markets. If you want to live in the bay area, then you're going to pay bay area prices. It really comes down to basic economics.
- azernik 9y agoWhy exactly is being rich and pro-affordable-housing hypocrisy? Generally the ballot measures they vote for involve spending their own tax dollars on the policies they advocate for.
- nodesocket 9y ago> Why exactly is being rich and pro-affordable-housing hypocrisy? Because some would claim they are the reason there is an affordable housing problem... I'm not one of these people though. Again, I believe markets set prices.
- azernik 9y ago"I'm not one of those people" - yet you still call hypocrisy? The organizations in the article, backed by wealthy supporters of affordable housing, do believe that the market sets rents; the policies that they advocate are a) allow low-income people to get housing outside of the market, and b) to change market rules to encourage higher supply and lower market prices.
- chillacy 9y agoMarkets set prices within their power, but housing is far from a free market. Bay area prices are largely a result of regulatory capture.