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I wish this article had mentioned restrictions on development as the major cause of insane rental prices. Just build more high rises. It's not that hard. The
by nugget 13y ago
I wish this article had mentioned restrictions on development as the major cause of insane rental prices. Just build more high rises. It's not that hard. There is room for a dozen more Rincon and Infinity like towers around downtown.
- raldi 13y agoLet's keep an eye on the huge new proposal at 16th and Mission. If it gets to be a ten-story residential tower, as its developers propose, I think that's a very good sign. If it gets chopped down to 6 or 8, then it's a sign we're in for six more weeks of winter. (By winter I mean skyrocketing rents, and by weeks I mean years.)
- gamblor956 13y agoOnly in San Francisco would a 10 story residential building be considered huge...and that's part of the problem. Even when SF does try to add new residential units, it adds the bare minimum. (From a social POW, at least. The developers do this deliberately to maintain scarcity so they can derive greater profits.)