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...that's what the progressive elites want. Elites buy houses or spacious condos in the good buildings in the good parts of town, the rest of us get stacked as renters in apartments in densely populated, appropriately diverse areas.
...that's what the progressive elites want. Elites buy houses or spacious condos in the good buildings in the good parts of town, the rest of us get stacked as renters in apartments in densely populated, appropriately diverse areas.
uh huh. "progressive elites" are the problem then? Not oh say....capitalism?
Capitalists are not the ones preventing housing development and growth in San Francisco.
Are you kidding? I heard Google is going to buy half the City of SF at a 90% discount they worked out with their friends in Government, knock down all of the housing units and build the largest server farm in the universe.
So the liberal, progressive policies have made San Francisco an extremely desirable place to live, is that your point?
No they haven't. The Silicon Valley capitalists have made it highly desirable place to live. The progressives have made impossible to supply the desired housing. High demand, static supply: guess what?
SF has limited space it can grow into. We experience that here in Boston as well as NYC. When you have an ocean blocking you in (on 3 sides, in SF's case) and more people interested in living in an area than available land, what do you want to happen?
...that's what the progressive elites want. Elites buy houses or spacious condos in the good buildings in the good parts of town, the rest of us get stacked as renters in apartments in densely populated, appropriately diverse areas.
Don't get me started lol.
I live in San Francisco where the median home price is $1.225 million.
Part of the reason is because there is absolutely no land and the area that is build-able is very tiny and surrounded by the ocean. I would also say, the real estate market has popped because the economy is booming. There are so many fresh out of college people starting around $100,000/year. So while you can argue the liberal policies have made cost of living outrageous, you could also argue that the liberal policies have made the economy one of the best in the country.
With that being said, I'm moving in January because I want more space. It was a great experience, but the cost of living is so high now that it is no longer worth it.
My big issues with the city when it comes to politics is the acceptance of homeless people, public drug users, lenient punishments on crime etc. There isn't too much the city can do about the house prices because lack of land mixed with a booming economy where more people want to live here than supply allows.
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