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So SF will now be giving away houses, huh? OK, I'll take a free home in SF, sure. But not to the middle class, no, just to the homeless. Then how many days do
by rsj_hn 5y ago
So SF will now be giving away houses, huh? OK, I'll take a free home in SF, sure.
But not to the middle class, no, just to the homeless. Then how many days do I need to survive on the street in order to get a free house? If it's a hundred days, and one of these places is 800K, then that's like paying me 8K per day -- it's a no brainer. For a free house, I'm even willing to mutter to myself and defecate on your porch. You are right, this would cause property values to plummet -- it's literally paying me to come into your neighborhood and be antisocial.
Just give me the date and time of the degradation olympics and there will be lots of people willing to participate. More people than SF can afford to build houses for.
You get more of what you subsidize, not less.