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> The idea that if we just let developers build out more (sure, yes they should) that then housing prices would drop and cascade down to where homeless people c
by vineyardmike 5y ago
> The idea that if we just let developers build out more (sure, yes they should) that then housing prices would drop and cascade down to where homeless people could afford a place to live
Its obviously not true. Its a working theory - the more housing available, the lower the cost - is true. But SF has such a high demand you can probably double housing in SF and demand would not satiate. That said, seattle has built tons of housing, and stalled some of the exploding costs of housing.
There is probably no good solution to SF's issue - its so out of hand and so expensive that even if you doubled the city you wouldn't solve the issue. Like you said - 6 blocks just to homeless shelters is a lot (doable, but a lot). Especially for a city so geographically constrained.
- cheriot 5y agoIt's the ratio of homes to jobs. "How many homes does SF need?" is hard because it's a moving target as the city permits new office construction. I ballparked the housing gap a while back by comparing the ratio of employment/residents with 30 years ago and came up with ~80,000 missing homes. That's in a city of 400,000 homes right now. An imperfect measure for sure, but I think affordability is achievable if we stop prohibiting the solutions.