LOL that is total bullshit. In SF, they oppose high-density high-income housing too. It's total motte and bailey shit. Here's the real algorithm:
if density == low:
return "This won't solve the problem"
if income == low:
return "This ruins the neighbourhood character"
if density == mid and income == high:
return "This is gentrification and soulless coffee shops!"
if density == high and income == high:
return "This is for Arab/Chinese/local-xenophobe-target-du-jour investors only"
return "This ruins the neighbourhood character"
The absolute bullshittery around this nonsense is really something.
This pretty much nails it. The way I saw it put which feels fitting is, “Everybody who moves into San Francisco wants to be the last person to move into San Francisco”. Of course this isn’t a practical desire in any city, but that doesn’t stop people from trying to make it happen anyway.
>> “Everybody who moves into San Francisco wants to be the last person to move into San Francisco”.
Person moves to SF and puts down life savings as down-payment on 1:4 leveraged home...not a surprise they want to ensure they arent wiped out. A 20% decrease in value wipes out the life savings. The whole system is designed to perpetuate itsself.
