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San Francisco also has an artificial housing shortage caused by enforced height-limits for new buildings. Furthermore there's a significant amount of "affordab
by literalusername 15y ago
San Francisco also has an artificial housing shortage caused by enforced height-limits for new buildings.
Furthermore there's a significant amount of "affordable housing" and public projects sitting on huge multi-billion dollar lots. All that contributes to artificially high prices for everyone else.
Most of San Francisco's woes directly result from policy-makers who don't understand basic Economics.
- malyk 15y agoOr who eschew basic economics to provide a place to live for the underprivileged and underserved (in the case of affordable housing).