The reasons behind the housing supply crisis are many, and the situation can seem intractable. I have been assisting architect Eugene Lew with a comprehensive and audacious solution to this problem. If you are interested in reading a draft version of his white paper, DM me on https://twitter.com/jamiepitts . The concept is tailor-made for the west districts of SF but can be applied to any city. It combines finance, a…
I think the solution is not trying to cram more units into a small area. Manhattan has done that for decades, and it's still not enough to balance supply and demand. Rather, it's to encourage business development and residential living elsewhere, either nearby or far away. We're seeing that with Oakland and northern NJ but there are many more opportunities to expand this to other areas of the country. A lot of credit goes to southern states which encouraged (through tax breaks and other incentives) heavy industry to set up shop in smaller cities and rural areas. What will it take Google, GE, or Microsoft to move a big chunk of their respective operations away from San Francisco, Boston, and Seattle?