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> scuttling housing projects that would have eased the bubble and helped house a lot more people for reasonable prices Exactly this. In and around Amsterdam, h
by donkeyd 8y ago
> scuttling housing projects that would have eased the bubble and helped house a lot more people for reasonable prices
Exactly this. In and around Amsterdam, housing prices are booming. The number of homeless people on the street has hardly increased, because we spend massive amounts of public funds to keep the homeless off the street and also to help them get a home. The biggest issue is graduates, that have to share houses or move out of the city. Also, it's nearly impossible to buy when you're alone.
- abalone 8y agoIt sounds like you’re saying something a little different though. You’re saying Amsterdam “spent massive amounts of public funds to keep homeless off the street,” not that they were able to lower market rates through more liberal building. Prop C is all about doing that. It passed recently. Against the will of much of the tech industry, notably. (Benioff a major exception of course.)
- twblalock 8y ago> Prop C is all about doing that. It passed recently. Against the will of much of the tech industry, notably. (Benioff a major exception of course.) The mayor of San Francisco also opposed it. Pumping more money into a broken social services system is a pretty problematic idea and it's not like it was only tech companies opposing it.
- abalone 8y agoIt was mostly the tech industry putting in the money against it: Stripe, Lyft, Jack Dorsey. Arguably the mayor of SF is a puppet of the tech industry. It passed with 60%.
- jtmcmc 8y agoIt was also the tech industry putting money for it too with Benioff. That of course discounts how the actual tech workers voted. I'd be curious to see polls on that. Anecdotally most tech workers I know supported it.