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>Make SF into Manhattan and watch prices fall. I don't see how that follows. Manhattan is Manhattan, and yet prices still rise, families and communities are st
by omegaworks 8y ago
>Make SF into Manhattan and watch prices fall.
I don't see how that follows. Manhattan is Manhattan, and yet prices still rise, families and communities are still displaced, and there are still people that are un or under-housed.
In America, housing is an asset that appreciates in value for the purpose of resale. For the middle class, housing has been the primary means of accruing wealth and for many is the entirety of their retirement savings.
A society that guaranteed housing to every citizen would be fundamentally, structurally different than the one we live in today. It's not a simple urban planning problem.
- Zenbit_UX 8y agoYou don't understand how Manhattan optimized for density before prices rose this high? The parent is saying if SF had the housing density of Manhattan it would take decades of more growth before prices reach NYC levels.