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San Francisco's Fog Over Growth

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51–60 of 103 posts

Re: San Francisco's Fog Over Growth

#51

I 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…

The main problem is Prop13, in other states property taxes increase and drive people out as land increases in value. In California land owners are locked in forever. OTOH, somehow California ended up with the fastest growing economy in the country. Causation? Correlation? Who knows.

Re: San Francisco's Fog Over Growth

#52
The point about people in rent controlled apartments having very little incentive to favor increased density is a different one than I've heard, and a telling one. If between owners and rent-controlled apartments you have a large voting majority, you end up with a large voting majority that has no interest in making the city more welcoming to newcomers.

People often talk about middle class people being driven out of SF, I think it's actually dangerous that even people making well above average wages have trouble affording housing alone. Many tech workers I know earn a decent living but having an apartment to themselves is simply unaffordable.

Yes, yes #richpeopleproblems, and of course we should worry about people further down the income scale, but it's indicative of just how pathological the situation has become that even people who are well off can't afford the city comfortably.

Re: San Francisco's Fog Over Growth

#53

I 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…

You have a right to your private property. That right does not extend to publicly owned land or land owned by other private parties. When you buy land in the heart of a large metropolitan area in an under-developed neighborhood, it's reasonable to expect that the city will densify and grow around you. Thinking that nothing will change is the unreasonable expectation here. San Francisco has been continuously changing for 150 years, expecting the city to freeze for you as soon ay you buy a piece of property does not make sense.

Re: San Francisco's Fog Over Growth

#54

I 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.

... which is sort of an interesting criticism, until you consider that you get a chance to "luck out" every 6-8 years or so when the real estate market crashes.

There have been at least 3 such occasions since the Netscape IPO, and another on it's way. Hope you saved some money.

Re: San Francisco's Fog Over Growth

#55
post #36

Earlier 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.

"You can get from fidi to downtown oakland in 12 minutes on a consistent schedule."

Yes, but that's all you can do. If you're in pac heights or the presidio or ... anywhere west ... you're going nowhere.

Re: San Francisco's Fog Over Growth

#56
post #4

Earlier quoted context omitted.

If every house around you is turned into a high-rise then your property values are going to shoot up massively. So, cash out and move. The real question is why can 1x people living in an area decide that 99x people get to move there or not. In the end Mixed use walkable communities are much better for both peoples health and the environment. You can always move to the middle of Montana if you don't want to live near…

Low-rise San Francisco is very pleasant, probably the most pleasant place I could imagine living. It's quite walkable and quiet in the right places. And in a place like that you can know your neighbors. Ironically, people live more segmented lives the higher buildings get. I also understand why people would want to maintain the quality of life they had when they purchased their house, even if it is at the expense of…

I'm sure this is totally different for various different people and different blocks, but over the course of 10 years living in 4 neighborhoods in SF (Soma, Mission, Inner Sunset, Inner Richmond) I never knew more than one neighbor along each street. I moved to Oakland 3 months ago to a very communal street and already know every person along our approx 25 house block. The lack of neighbor contact always seemed pretty ingrained in SF culture for whatever reason.

Re: San Francisco's Fog Over Growth

#57
post #54

Earlier quoted context omitted.

"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.

... which is sort of an interesting criticism, until you consider that you get a chance to "luck out" every 6-8 years or so when the real estate market crashes. There have been at least 3 such occasions since the Netscape IPO, and another on it's way. Hope you saved some money.

While there are reasonable arguments on both sides of the growth/zoning/etc. debate, I suspect that in the January 2016 economic climate in the Bay area, no reasonably imagined housing expansion would make more than the smallest dent in housing prices.

Look at Manhattan. Yes, you can't build willy-nilly whatever you want but there's certainly plenty of high-rise residential construction and housing prices are still pretty high in desirable areas.

Re: San Francisco's Fog Over Growth

#58
Legit thought experiment and not a troll, because I'm curious about thinking through this.

What happens if legislation is passed that more or less prevents people from owning property that's not their primary residence? Like: if you don't live in it more than 190 days a year, you pay a really high property tax on it.

I've always thought a big part of the landlord - tenant issues around rent control, fair market housing, and a lot of other stuff all stems from the position that people are allowed to own more homes that they can live in, and derive income from landlording.

There's some obvious issues - not everyone wants to live in a home / apartment that they own (liquidity, mortgage, etc). This could be obviated with some workarounds (and market forces might help out a bit too - I'd imagine real estate could change hands a lot more frequently in that situation).

Anyway. Thoughts?

Re: San Francisco's Fog Over Growth

#59

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. The author said a potential future for San Francisco is as a "gated community for the rich." Tha…

I'm not sure about Oakland's geology, but the part of SF where I live (outer sunset) is more or less just houses on top of sand dunes. I'm no geologist, but I've always wondered how well one could build tall buildings on that kind of ground.

Re: San Francisco's Fog Over Growth

#60
post #58

Legit thought experiment and not a troll, because I'm curious about thinking through this. What happens if legislation is passed that more or less prevents people from owning property that's not their primary residence? Like: if you don't live in it more than 190 days a year, you pay a really high property tax on it. I've always thought a big part of the landlord - tenant issues around rent control, fair market housi…

Have you ever bought a house? I have. I do not want to go through that process every time I move. Plus, while I have purchased a house before, it ended up being foreclosed on and I certainly couldn't get a mortgage now (and I shouldn't... I can't afford a mortgage). I would be pretty SOL if owning a house was a prerequisite for not being homeless.

How is commercial property treated?

What prevents a company building a huge apartment building, "selling" it to an apartment manager (in the form of a very expensive mortgage) and then having the apartment manager rent out "rooms" in his very large "house" to cover his mortgage?

In short, the longer I think about the idea, the less practical it becomes.

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