4 ms·

There's a very strong narrative of the tech elite sitting at the top of an oppressive hierarchy in San Francisco, but there should be some critical thought abou

by arebop 8y ago

There's a very strong narrative of the tech elite sitting at the top of an oppressive hierarchy in San Francisco, but there should be some critical thought about the mechanism of this oppression. Most of these tech workers are exchanging their millions for very typical dwellings. Much of the wealth created by technological development is passing through the tech workers to the land owners. It is the land owners and their political allies who insist that we must keep the housing scarce so that the land owners can continue to extract wealth from the labor of upper middle class. Tech-derived prosperity is not causing deprivation.

wil421 8y ago
If SF allows high density condos to start being built, do you think developers will build “regular” housing or high end condos? Assuming the developers have a choice. What happens to the neighborhood if million dollar housing is built? I know what happens and I can see it around me. I’m priced out of my current area and I’m not in SF or a high cost city. I could afford it but I can buy 3x the house and property 20-30 mins away with better schools. Same commute. The weathly residents in my current area can afford private schools so there’s no incentive to improve the public schools.