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People are moving to San Francisco to take high-paying jobs and there is not enough luxury housing to accommodate them, so they are out-competing poorer people
by twblalock 7y ago
People are moving to San Francisco to take high-paying jobs and there is not enough luxury housing to accommodate them, so they are out-competing poorer people for whatever housing they can get. If more luxury housing was built, those people would take it and leave the rest of the housing for other people.
- sandworm101 7y agoIf the rich people are already willing to live in smaller apartments, let them. I say the city should concentrate on housing the poor and homeless. Let the rich take care of themselves. They generally do.
- sigstoat 7y agoand the point is they'll take care of themselves by renting the cheap housing if that's all thats available. even if the rental cost is fixed, they'll outbid by being better tenants, or hiring agencies to get their name in first on waiting lists, or just bribing the low-level decision makers. build more housing.