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> Really the solution is not more housing in SF but to move tech bro jobs elsewhere more affordable. Like Detroit. When the tech bro jobs leave, SF will be in
by conanbatt 8y ago
> Really the solution is not more housing in SF but to move tech bro jobs elsewhere more affordable. Like Detroit.
When the tech bro jobs leave, SF will be in dismay, it wont get better.
SF city spends 2,600U$S a month per household. If it were to lose its corporate/sales tax revenues, it would have to cut spending aggressively, and it will not make rent cheaper: it will make it unaffordable, exacerbating unemployment which could lead to rising homeless ness.
SF is in a terribly delicate position right now, its just masked by a lot of money.
- FiveSquared 8y agoAnd the homeless wil swarm the now-abaonded hosuing, leading to more debt, whihc leads o people leaving, whihc means new-Detriot!
- davidf18 8y agoPeople want to live in SF, NYC, DC, LA, Boston. They don't want to live in Detroit. Amazon is creating 25,000 jobs each in DC and NYC. Google is doubling its already large presence in NYC to an additional 8,000 or so people. The real issue is simply that of 1) zoning density restrictions that benefit wealthy landlords like President Trump, 2) overuse of historic landmark status, 3) overregulation, 4) firms such as AirBnb which effectively encourages taking apartments off the market for use for Airbnb, and 5) illegal aliens: NYC has an estimated 500,000+ illegal aliens. Democrats claim to hate Trump, but the reality is that Trump is only as wealthy as he is because of Democratic city councils in NYC, SF, DC, Boston, LA who restrict zoning density at the behest of wealthy landlords and their campaign donations. In 2014, NYC only built 20,000 housing units for about 90,000 for all of California, meanwhile in Tokyo alone, 140,000 housing units were built. The reason is that the Japanese federal government has laws against zoning density restrictions which benefit wealthy landlords such as President Trump. The housing shortages in the US is a simple market issue created by politics.