Vice Documentary: San Francisco 2.0 on tonight... (costs, move to, estate)

[shooting4life]

Originally Posted by LoriBee62

Lower it for how long, though? Manhattan is acres of skyscrapers and it's no more affordable.

The demand for Manhattan is much higher than SF.

SF will always be expensive, but it doesn't have to be like it is now. Plenty of areas could be developed and tens of thousands of units added.

[HappyinCali]

Every good city costs a lot. Manahttan, HK, Singapore, London, Tokyo, Paris etc. SF is not at their level, but it wants to be. In addition to a tiny housing stock, it is also attractive to rich foreigners, primarily from Asia, so you have a lot of people competing for little space. How is that so hard to understand. If you look at HK and Singapore, SF prices could rise a whole lot more.

Finally, the Irish community that used to thrive in the Mission and the Castro would sure like to have its say on displacement, but nobody cares. lol

[bigboibob]

Originally Posted by LoriBee62

Lower it for how long, though? Manhattan is acres of skyscrapers and it's no more affordable.

The price would decrease until supply and demand reach equilibrium. More rent control and continued restrictive zoning restrictions will keep supply artificially low and price artificially high. SF has the potential to rival NYC but zoning and rent control laws are turning it into a rinky dink hoboville.

[tycoon85]

If and when the digital gold rush crashes, housing will likely follow suit.

[ServoMiff]

Originally Posted by tycoon85

If and when the digital gold rush crashes, housing will likely follow suit.

Crashes is probably a bit extreme. Things will normalize in the coming couple of years, but I think that's still not going to bring it to an affordable level - probably just a less ridiculous priceyness. VC funding already seems to be slowing for newer ventures, and that's really where the predicted bubble would hit the hardest. Companies like Uber, Lyft and the tech giants aren't likely going anywhere unless they get a negative court ruling against them, but the smaller startups will certainly feel the pinch soon if things continue the way they are. However, that's likely not enough to have a major impact on the local economy.

[dburbs1975]

Manhattan is a rock and is not on a relatively active seismic fault, thus, it can more appropriately support skyscrapers. you are not comparing apples to apples.

[dandylion84]

The show came across like a commercial for SF, I couldn't finish it.

[shooting4life]

Originally Posted by dburbs1975

Manhattan is a rock and is not on a relatively active seismic fault, thus, it can more appropriately support skyscrapers. you are not comparing apples to apples.

You can build skyscrapers in earthquake areas, this isn't 1910.

[HappyinCali]

Originally Posted by dburbs1975

Manhattan is a rock and is not on a relatively active seismic fault, thus, it can more appropriately support skyscrapers. you are not comparing apples to apples.

You are right, Tokyo has zero skyscrapers.

Modern skycrapers are some of the safest structured when it comes to earthquakes

[BayDude]

Originally Posted by dburbs1975

Manhattan is a rock and is not on a relatively active seismic fault, thus, it can more appropriately support skyscrapers. you are not comparing apples to apples.

Japan has monster earthquakes but that hasn't stopped Tokyo's skyline (In fact they just build with earthquake resistant technology). You have nothing but excuses.

Come up with another one.