Trickle down economics is a Republican justification for cutting taxes for the rich. Building new homes under Prop 13 increases the taxes paid by rich people.
Between 2015 and 2019 SF built 19,000 new homes and added 60,000 new jobs. In what world does that not drive up prices? This obsession with developer profits is convenient rhetoric to justify a hunger games like housing market.
Even SRO rooms were going for $1,200 pre-pandemic. This is how struggling people become homeless. Houston doesn't have less homeless because Texas has a better safety net. It's because housing is cheaper.
Here's a simple fact: we need to have enough homes for everyone that works here, retired in place, and that's growing up here. We do not have that right now. Luckily building large residential buildings is something humanity has known how to do for the last 100 years. We "just" need the political will to do it.
Trickle down economics is a Republican justification for cutting taxes for the rich. Building new homes under Prop 13 increases the taxes paid by rich people.
Between 2015 and 2019 SF built 19,000 new homes and added 60,000 new jobs. In what world does that not drive up prices? This obsession with developer profits is convenient rhetoric to justify a hunger games like housing market.
Even SRO rooms were going for $1,200 pre-pandemic. This is how struggling people become homeless. Houston doesn't have less homeless because Texas has a better safety net. It's because housing is cheaper.
Here's a simple fact: we need to have enough homes for everyone that works here, retired in place, and that's growing up here. We do not have that right now. Luckily building large residential buildings is something humanity has known how to do for the last 100 years. We "just" need the political will to do it.