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If there is a childless suburb,
What would happen to property taxes when there is no need for schools?
What would happen to other aspects of life?
This is already happening, look at the 55 and older communities around you every where. They are sad and depressing. I don't have kids but still having kids in the neighborhood gives it a nice vibe. Too many of them and then I am moving
S.F. has a perfect storm of factors to increase housing prices to the stratosphere. It's geographically stuck where growth is impossible
Not impossible, but difficult. They can go more vertical, and there are patches of un or underutilized land. Lots of bureaucratic red tape exacerbates the problem and makes it even more expensive.
Quote:
Originally Posted by brightdoglover
and it's the local center for the worldwide explosion of technology, with high-paid jobs and endless numbers of people wanting to move there for those jobs.
This part is true, although home prices as a multiple of incomes is still very high.
Quote:
Originally Posted by brightdoglover
I think the relatively few children are an afterthought, not a cause.
I think people who want kids see the situation for what it is and either move out or don't move there in the first place. The only people who want kids in that situation are the really loaded or people with low expectations in life who are ok with living in government housing on government subsidies (yuck).
SF is actually a pretty transient city. Even people without kids get sick of it after a while and move (the high prices, poor governance, poorly run mass transit, ever present homeless people, etc.)
What a wonderful thing. A place people move to that's quiet, clean, has less crime, beautiful facilities and does not have you...a real downer of a person. Sounds like a great place to live and then die.
Also a place where there will not be enough young people to work to support your infrastructure and ballooning healthcare costs as you age, so you'll probably live and die with a rapidly deteriorating living standard. :-)
If there is a childless suburb,
What would happen to property taxes when there is no need for schools?
What would happen to other aspects of life?
This is what San Francisco is coming to. Families can't afford to live there anymore, unless both adults have high incomes. Families have been abandoning SF for decades. I don't know if that exodus has been followed by school closures, though. You'd think so.
The article mentioned that CA's birth rate has dropped to a record low and:
In San Francisco, the number is considerably below the state average.... Hans Johnson, a demographer at the Public Policy Institute of California in San Francisco, attributes San Francisco's low birthrate to the fact that many people move out of the city and into the suburbs when they want to start families. Additionally, one-third of the county's population is Asian, and Asians have the lowest birthrate among the state's ethnic groups. In contrast, Latinos have the highest birthrate, but only 15 percent of San Francisco is Latino.
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