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"There is nothing wrong in some cities specialising in industrial buildings while other cities focus on residential projects. Cities should have all this freedo
by jpao79 8y ago
"There is nothing wrong in some cities specialising in industrial buildings while other cities focus on residential projects. Cities should have all this freedom."
- Agreed, in this case if 'office tower/corporate campus' focused cities such as San Francisco (Salesforce/Uber), Mountain View (Google), Menlo Park (FB), Cupertino (Apple) want other cities on the Peninsula to build the housing, then they should share the additional tax revenue they are getting from such specialization instead of capturing all the profits and externalizing all the costs. Otherwise, SB827 will stay where it is now.
- Karishma1234 8y agoThey are already sharing the revenue in the form of higher salaries for their employees which are making land lords in other cities rich. It is the kind of money transfer you are talking about. The problem about higher housing prices is more about the poor who are not working for Salesforce or Uber or Google. They all can afford housing. It is about those who are cashiers at Whole foods or the people who come to fix your plumbing.
- jpao79 8y ago'They are already sharing the revenue in the form of higher salaries for their employees which are making land lords in other cities rich. It is the kind of money transfer you are talking about.' >> Agreed that is to a certain extent what is current going on, but what makes more sense to me is instead of the money transfer going to only the city with the shiny new office building and the landlords in neighboring cities, it should go to the neighboring cities that are actually hosting the new employees who are actually building affordable housing and more school capacity.