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Housing in the Bay Area

blog.samaltman.com

201–210 of 407 posts

Re: Housing in the Bay Area

#201

Earlier quoted context omitted.

I think that is meant to be left to local requirements. Municipality could jack it up to 20% AFAIK.

That's the key question. The article I cited details many limitations on local governments that would seem to limit their ability to demand affordable housing.[1] Bottom line, this bill is massively supported by developers, so take that as a gauge of how much power it gives municipalities. [1] http://48hills.org/2016/05/22/a-terrible-housing-bill-looms-...

But bear in mind this just brings California in line with a bunch of places that managed to build their way out of a housing crisis. $1T in war spending dumped on DC in the last decade, led to cranes everywhere, not massive rent increase.

Re: Housing in the Bay Area

#202

There is so much pressure, career-wise, to move to either the Bay Area, the West Coast in general, or a major urban hub. I honestly like living in a semi-rural part of the Midwest. I like seeing fields and forests while driving to work. If I want to get out to some wilderness, I can do so in 15-30 minutes. I travel in a car that, I feel, offers me freedom. To boot, I have a nice, reserved spot in the garage below my…

Sounds like life here in Bend, Oregon (where we have some nice mountains, to boot). The same housing situation as SF is playing out though: it's becoming prohibitively expensive for middle class people like teachers and firefighters because not enough housing is being built.

Re: Housing in the Bay Area

#203
post #163

And now HN has started to push a political agenda...

It's about time. Tech companies, both startup incubators and the big software megacorps, should have been lobbying Bay Area gov'ts for more housing and transport infrastructure for the last five years. What's the point of all that wealth and power if they're not going to use it to enrich their local communities?

Re: Housing in the Bay Area

#204
How does this benefit/harm the folks who already recently bought a house at exorbitant price, burning all their savings, calculating their returns based on how bay area prices have behaved over the last couple decades? Will they be screwed?

Re: Housing in the Bay Area

#205

This is one of the top factors preventing me from moving back to the Bay Area. It's good to know there's at least SOME serious attempt at a solution (even if folks around here are mostly pessimistic.) It still surprises me that an industry that's all about connecting the world through the internet and allowing anyone to work with anyone else on anything says "yeah but you need to work in this small area of the countr…

I think NYC is already there. It's so easy to find a tech job in NYC. Maybe it's even easier in SV, but I've never missed not being in SV. There's such a variety here. Plenty of startups, all the tech giants, and plenty of tech/IT jobs at "regular" companies, consulting opportunities, etc... And it's not _just_ tech -- plenty of other industries are headquartered in NYC. By contrast I can't think of any other industries that SV is the flagship metro-area of besides tech... If software is going to eat the world, it helps to have some of those industries you're going to disrupt nearby already.

I'd love to see NYC co-opt SV as the world capital of the tech industry, and I think it could totally happen. The only thing SV has going is historical inertia, and it's eroding. This housing problem in SV is going to make it erode faster.

Honestly I don't understand SV at all. They say NYC has a housing cost problem, and it sure does, but it's nothing compared to SV -- in SV you have people paying Manhattan prices so they can live in SF... yet somehow still commuting an hour to the suburbs where the offices are! At least here you can either pay Manhattan prices and get a 10 minute commute for it -- or take an hour-long commute and at least get a much cheaper and/or larger place in exchange. And your commute won't require you to drive, unless you want that.

NB: I've never lived in the SV area so maybe I have some misconceptions that need correcting? :-)

Re: Housing in the Bay Area

#206

There is so much pressure, career-wise, to move to either the Bay Area, the West Coast in general, or a major urban hub. I honestly like living in a semi-rural part of the Midwest. I like seeing fields and forests while driving to work. If I want to get out to some wilderness, I can do so in 15-30 minutes. I travel in a car that, I feel, offers me freedom. To boot, I have a nice, reserved spot in the garage below my…

For me people trumps nature. I like living in a big international city with a lot of culture, getting to meet a lot of new people all the time. At least not being closed off to those possibilities.

It doesn't have to be SF. It's not just that rent is expensive, it's that for the price you pay you most likely aren't even living in a nice neighborhood (most parts of Mission, parts of Soma, Market, parts of Haight, Divis, most of Western Addition, Lower Nob Hill, etc. - these aren't nice places at all for $3500/ month, which would put you in the very best areas of pretty much any other city in the world).

Re: Housing in the Bay Area

#207

Earlier quoted context omitted.

This boggles this mind. And is unsustainable.

How is it unsustainable? I have a room for rent, that's more than a lot of people.

If you don't have a window, it's technically not a room. Fire codes usually require 2 directions of egress.

Re: Housing in the Bay Area

#208

There is so much pressure, career-wise, to move to either the Bay Area, the West Coast in general, or a major urban hub. I honestly like living in a semi-rural part of the Midwest. I like seeing fields and forests while driving to work. If I want to get out to some wilderness, I can do so in 15-30 minutes. I travel in a car that, I feel, offers me freedom. To boot, I have a nice, reserved spot in the garage below my…

> My cost of living is very cheap. My commute is 15 minutes. I live close to my family. Why should I want to leave? You shouldn't. If you have a good job in such a location and are happy with the opportunities available, enjoy! The problem is that markets naturally congregate in distinct locations so anyone who is looking to advance their career needs to make their way to a hub.

why do we keep clinging to this idea that creative work is somehow "market captureable". Theres almost 0 friction to work for a company in new york or san francisco but somehow being on-prem is this career enhancing move. Why. What does it get you?

Some of the best engineers I know work remote and visit occasionally. Maybe theyre outliers, but we really need to kill this narrative where to be the best you need to live in the valley.

Re: Housing in the Bay Area

#209

I'm in favor of how "building in the Bay Area is approved by discretion", I call it having some power over what gets built. "Democracy" y'know? I'm from SF. I grew up here. I'm also a computer nerd. To me, the tech "industry" has been ruining the city I love since the Dot-Com boom. To me, they are an invading army culturally speaking. In a very real sense my home is being destroyed. The saddest part is, this city kin…

> Also, I hear Portland is nice.

It's precisely because of the bullshit NIMBY attitudes in SF that Portland is getting a huge influx of tech people, who, in turn end up, through no fault of their own, forcing out other people, because Portland isn't building quite fast enough either.

Re: Housing in the Bay Area

#210

There is so much pressure, career-wise, to move to either the Bay Area, the West Coast in general, or a major urban hub. I honestly like living in a semi-rural part of the Midwest. I like seeing fields and forests while driving to work. If I want to get out to some wilderness, I can do so in 15-30 minutes. I travel in a car that, I feel, offers me freedom. To boot, I have a nice, reserved spot in the garage below my…

I have intelligence and programming ability, and a desire to further my career. I want a good high paying job in the epicenter of my chosen industry.

I do not want to move to a city where I can't afford to buy a good home within walking distance of my workplace.

The world should provide this for me.

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