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That's pretty much the side of the story that is never told. The newspapers only like to talk about the San Franciscans that are renters and find themselves for
by malandrew 13y ago
That's pretty much the side of the story that is never told. The newspapers only like to talk about the San Franciscans that are renters and find themselves forced out and completely omit the San Franciscans that are owners that realize they can make a great stable income taking advantage of the high rents if they are willing to live farther away.
I'd love to see the following headline one day "Increased housing demand from techies; Some San Franciscans win, some lose."
Furthermore, I'd love to see the following headline too:
"Why can't renting native San Franciscans count on those San Franciscans that own homes to choose them over techies when choosing who to rent to?"
The situation is absurd and it sucks for everyone, but if anyone should get the blame it is the housing owners. Ultimately, they can choose who to rent to and do have the right of renting to a fellow San Franciscan over a Google employee willing and able to pay a lot more. I really want to see the same people protesting the busses spend half their time blocking buses and half the time on the front lawns of those San Franciscans who've moved to the suburbs, but still own housing in San Francisco that they keep raising the rents on.
Personally, I think those housing owners are right to accept a higher rent. Years ago they made the right choice to buy rather than rent while others took accepted their rent controlled apartment and ignored the housing problem until it was beyond their capacity to solve.