3 ms·
San Francisco's housing prices have risen the same percentages for the last 100 years straight. People blame whatever recently changed in any city everywhere.
by vmception 6y ago
San Francisco's housing prices have risen the same percentages for the last 100 years straight.
People blame whatever recently changed in any city everywhere.
In one city it's wealthy people from China, in another city its tech, in another city its finance while the tech people earn the exact same amount as in the prior city and fly completely under the radar.
It's just scarcity, no matter how it is sliced.
- DubiousPusher 6y agoI do believe there is an effect from zoning and resistance to rezoning. Though people who think abolishing zoning is the answer should be forced to live for a time in any number of cities that have done this. Little secret, it doesn't produce places most people want to live. Endless, monotonous grid, no community center, school next to a paper mill, etc
- triceratops 6y agoThere is a midpoint between "no zoning" and "neighbors can block my toolshed repaint".
- DubiousPusher 6y agoDefinitely agree. We just haven't found the right mechanism that can balance creating beautiful communities for people to live without enabling NIMBY abuse.