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San Francisco's Fog Over Growth
31–40 of 103 posts
Re: San Francisco's Fog Over Growth
#32Earlier quoted context omitted.
That's an excellent point. I live in an R1 neighborhood, but a buddy of mine lives in a SFH in an R2. He would technically be allowed to convert his SFH into two 3bd/2ba apartments, he could sell one of them, and profit so much that he would cover his entire mortgage with lots left over. While he'd still face permit challenges, this has been done (legally, with all required permits) on his block. However, this remain…
>This is why I think that SF's opposition to new development isn't really driven by property owners who wish to maximize the dollar value of their asset. I think it's rooted more in a very preservation minded populace [...] and a deep suspicion of redevelopment projects that they worry will tear out the soul of a community and replace it with something corporate and soulless (plenty of that has happened). Even worse…
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Re: San Francisco's Fog Over Growth
#33It's a shame that when people focus on the bay area's ludicrous housing costs, they tend to speak exclusively of San Francisco and ignore the opportunity to develop Oakland, which has a lot of flat land that is easier to build tall buildings on top of, instead of trying to densify San Francisco's endless peaks and twists. The author said a potential future for San Francisco is as a "gated community for the rich." Tha…
> It's a shame that when people focus on the bay area's ludicrous housing costs, they tend to speak exclusively of San Francisco and ignore the opportunity to develop Oakland, which has a lot of flat land that is easier to build tall buildings on top of, instead of trying to densify San Francisco's endless peaks and twists.
It doesn't get ignored. The problem is that Oakland costs about as much to develop as SF does with potential revenues that are much lower. It's a terrible business proposition.
Re: San Francisco's Fog Over Growth
#34I agree that part of the motivation for people supporting zoning is to preserve or increase their property values. But I think that people that spend a huge chunk of change on a house should care about preserving the neighborhood they bought into. As an extreme case, without zoning, what if each home lot on your street were turned into a high rise residential or commercial building? I don’t think any homeowner expect…
If you want to preserve the character of the surrounding property, buy it.
Re: San Francisco's Fog Over Growth
#35I agree that part of the motivation for people supporting zoning is to preserve or increase their property values. But I think that people that spend a huge chunk of change on a house should care about preserving the neighborhood they bought into. As an extreme case, without zoning, what if each home lot on your street were turned into a high rise residential or commercial building? I don’t think any homeowner expect…
Does it even really make sense to "own" land?
One alternative is "Georgism", which is the idea that land is a resource collectively owned by society, but people can temporarily monopolize a piece of land by renting it from society. The rents thus collected go into the society's general fund to pay for public goods like fire stations, healthcare, universal basic income, etc.
Re: San Francisco's Fog Over Growth
#36Earlier quoted context omitted.
I get the sense Manhattan was established, and then tapped out, hence Brooklyn. Whereas San Francisco is neither of those. San Francisco is the hip place to be (for tech) and Oakland is perceived as the fallback for companies that can't afford to host. Which really surmounts to: I would much rather work in SF than Oakland (I really base my decision on what food & bar options I have around me, though).
Parts of Manhattan which are popular with the very wealthy are certainly pretty well tapped out (the West Village comes to mind as a neighborhood with well-protected zoning regulations and lots of low to mid-rise buildings similar to many San Francisco neighborhoods). In other parts of Manhattan though new neighborhoods are being created from underused space (look at the Hudson Yards project, creating thousands of ho…
I really don't understand the entire BART tube fear. You can get from fidi to downtown oakland in 12 minutes on a consistent schedule. I think it's more the bridge with it's horrible 1 hour traffic and how most of the bay area is a very car dependent place.
Re: San Francisco's Fog Over Growth
#37Earlier quoted context omitted.
Unfortunately, property tax law in California does the exact opposite. The tax can't be higher than 1% of the assessed value of the house, and that assessment can't go up by more than 2% every year as long as the house isn't sold. So the people who have been living in the neighborhood the longest and complain the most about "neighborhood character" also pay much less property tax than their neighbors. And by "much le…
Not quite. There are "parcel taxes" too that keep going up. And 2%/year increase isn't inconsequential.
Parcel tax increases are voted on so they aren't just random increases. And I think they need 2/3 to pass.
Re: San Francisco's Fog Over Growth
#38I agree that part of the motivation for people supporting zoning is to preserve or increase their property values. But I think that people that spend a huge chunk of change on a house should care about preserving the neighborhood they bought into. As an extreme case, without zoning, what if each home lot on your street were turned into a high rise residential or commercial building? I don’t think any homeowner expect…
"preserving the neighborhood they bought into"-That means you're condemning all but the very well to do from every moving in in the future. You've lucked out on life's lottery, to be able to own a house in San Francisco.
Re: San Francisco's Fog Over Growth
#39I agree that part of the motivation for people supporting zoning is to preserve or increase their property values. But I think that people that spend a huge chunk of change on a house should care about preserving the neighborhood they bought into. As an extreme case, without zoning, what if each home lot on your street were turned into a high rise residential or commercial building? I don’t think any homeowner expect…
Does it even really make sense to "own" land? One alternative is "Georgism", which is the idea that land is a resource collectively owned by society, but people can temporarily monopolize a piece of land by renting it from society. The rents thus collected go into the society's general fund to pay for public goods like fire stations, healthcare, universal basic income, etc. https://en.wikipedia.org/wiki/Georgism
I'm not sure I buy into the whole thing, but do see some value in land taxes over property taxes in that it is an incentive for density: if you have 10000 square meters you are taxed the same whether you build a single story ranch house with a big yard, or an apartment building.
That said, how's it work out in practice? You can't tax land in downtown Portland at the same rate you tax it in Harney County, where it's mostly empty desert. But if you tax land outside cities cheaper, maybe that would encourage sprawl towards the cheaper areas?
Re: San Francisco's Fog Over Growth
#40Earlier quoted context omitted.
Parts of Manhattan which are popular with the very wealthy are certainly pretty well tapped out (the West Village comes to mind as a neighborhood with well-protected zoning regulations and lots of low to mid-rise buildings similar to many San Francisco neighborhoods). In other parts of Manhattan though new neighborhoods are being created from underused space (look at the Hudson Yards project, creating thousands of ho…
I really don't understand the entire BART tube fear. You can get from fidi to downtown oakland in 12 minutes on a consistent schedule. I think it's more the bridge with it's horrible 1 hour traffic and how most of the bay area is a very car dependent place.
BART can be standing room only quite often during commutes, but if you're going from Market Street to an Oakland station, its really not that big of a deal.