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It should be noted that almost no for profit developer willingly builds housing targeting anyone but the highest income. Maybe if the big tech companies set up

It should be noted that almost no for profit developer willingly builds housing targeting anyone but the highest income. Maybe if the big tech companies set up non-profit housing organization at various price points, it would help. Maybe even at least get the working homeless off the street. After all, a huge percent of bay area corporate expense just flows through employees into rent or mortgage interest.

pjscott 8y ago
When people move into expensive housing, they also move out of wherever they used to be living -- often some place cheaper where they lived when their income was lower. Any increase in supply helps.
- dexwiz 8y ago
  That doesn't account for all of the people moving into the city from other parts of the State or Country. Also if they are moving within the city and the previous location is rent controlled, then the landlord will likely raise the rent for the next tenant.
  - TomMckenny 8y ago
    Indeed, generally people do not move a short distance to different rental with vastly a higher price.
  - BryanBigs 8y ago
    Except San Francisco has a net outward domestic migration now. This is nothing new BTW. I remember back when training for a marathon in 2001, I had a conference in San Francisco. Dude dropped a duece outside a pay toliet (I guess you tried them for awhile in SF) while I was running at 6am. From working with homeless people in my state, mental illness is usually a contributing factor. Self-medicating that condition often manifests itself as drug abuse.
nradov 8y ago
Charities like Habitat for Humanity East Bay/Silicon Valley already exist and do good work. Any company that wants to help improve the low income housing situation would probably achieve better results by contributing to an existing charity rather than reinventing the wheel. https://www.habitatebsv.org/ https://www.habitatebsv.org/

pjscott 8y ago

When people move into expensive housing, they also move out of wherever they used to be living -- often some place cheaper where they lived when their income was lower. Any increase in supply helps.

dexwiz 8y ago
That doesn't account for all of the people moving into the city from other parts of the State or Country. Also if they are moving within the city and the previous location is rent controlled, then the landlord will likely raise the rent for the next tenant.
- TomMckenny 8y ago
  Indeed, generally people do not move a short distance to different rental with vastly a higher price.
- BryanBigs 8y ago
  Except San Francisco has a net outward domestic migration now. This is nothing new BTW. I remember back when training for a marathon in 2001, I had a conference in San Francisco. Dude dropped a duece outside a pay toliet (I guess you tried them for awhile in SF) while I was running at 6am. From working with homeless people in my state, mental illness is usually a contributing factor. Self-medicating that condition often manifests itself as drug abuse.

nradov 8y ago

Charities like Habitat for Humanity East Bay/Silicon Valley already exist and do good work. Any company that wants to help improve the low income housing situation would probably achieve better results by contributing to an existing charity rather than reinventing the wheel. https://www.habitatebsv.org/ https://www.habitatebsv.org/