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@patrickc | |||||
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Great to see South San Francisco approve another 800 homes yesterday. This is in addition to the 2,800+ already under development and represents a combined *18%* increase in their housing stock. (SF approved a 1.6% increase last year.)
bizjournals.com/sanfrancisco/n…
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Patrick Collison
@patrickc
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15. stu |
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This is good for the environment (shorter commutes) 🌳, good for families (affordable homes) 👨👩👧👦, good for economic mobility (📈 nber.org/papers/w24661), and good for the country (🇺🇸 faculty.chicagobooth.edu/chang-tai.hsie…).
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Chris Woodrich
@cwoodrich
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15. stu |
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The man pictured is the developer of the project in question
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TGN 🤖
@TheGrtNecessity
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15. stu |
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Just another reminder, you don't own real estate, you only rent it from the government...
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Cory Klein
@coryfklein
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15. stu |
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That 18% increase figure cannot be correct. That would indicate there are only 15,000 homes in San Francisco today, a city with a population of 880,000 people. I mean, I know the city is packed, but not 53-people-per-household kind of packed.
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¯\_(ツ)_/¯
@adropboxspace
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15. stu |
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south sf and sf are two different municipalities.
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Tahoe “I Take Your Question” Rhea
@DJTahoe
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15. stu |
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I won’t hold my breath that this will drive rent/housing costs down...
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Hotep Mises
@duplicationcube
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15. stu |
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The bubble will pop by the time they're built and they won't be necessary. Central planning always works out in the end.
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Curtis Sweeten
@swedenfork
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16. stu |
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Oakland is adding 6800 units to its housing stock this year ¯\_(ツ)_/¯
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