> I'm also of course seeing nimbys against tower development at commercial and broadway, which would have the biggest short term impact imo. They want to protect their scarcity.
Ugh. We have to put a stop to that if we don't want to end up like San Francisco. The Tokyo model is the one to emulate.
Do you mean put a stop to nimbyism or put a stop to tower development?
I'm not one for completely favouring towers, but in this particular neighborhood, there's basically no new buyable housing stock. If people want to live here, they're either renting or buying one of the endlessly appreciating massive houses. That need to rent and the scarcity drives up the big house value further, and the only people who can get ahead are the ones who cam buy something for 1.7m.
Ugh. We have to put a stop to that if we don't want to end up like San Francisco. The Tokyo model is the one to emulate.