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The Decline of Investment in San Francisco Startups

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Re: The Decline of Investment in San Francisco Startups

#11

Post by kevinburke »

m-j-fox wrote: post #8
kevinburke wrote: post #6

Both top-level comments have mentioned housing prices. I grew up in the Bay Area and want to stay here and I am trying to work to change policy to help build more housing. Unfortunately due to law, bad policy and NIMBY's the market is not going to solve this problem on its own, without political change rents and housing prices will keep increasing. Here are some political actions you can take to help: - call your Sta…

The one that confuses me is AB 71. Aren't 2nd and 3rd homes basically rental stock? Owned by individuals and not the Irving Company if you care about that.

A house in Tahoe you use 3 weeks a year is not really rental stock, and it's not clear what benefit the public gets from your 2nd home that would justify a tax subsidy

Re: The Decline of Investment in San Francisco Startups

#12

Post by aphextron »

kevinburke wrote: post #6

Both top-level comments have mentioned housing prices. I grew up in the Bay Area and want to stay here and I am trying to work to change policy to help build more housing. Unfortunately due to law, bad policy and NIMBY's the market is not going to solve this problem on its own, without political change rents and housing prices will keep increasing. Here are some political actions you can take to help: - call your Sta…

It's almost comical how overcrowded BART has gotten at rush hour. Embarcadero and Powell stations become standing room only. I live deep in the east bay, and the new apartment building going up across the street has 1 bedroom layouts starting at $2800. Something has to give, or people will simply give up.

Re: The Decline of Investment in San Francisco Startups

#15

Post by amygdyl »

kevinburke wrote: post #6

Both top-level comments have mentioned housing prices. I grew up in the Bay Area and want to stay here and I am trying to work to change policy to help build more housing. Unfortunately due to law, bad policy and NIMBY's the market is not going to solve this problem on its own, without political change rents and housing prices will keep increasing. Here are some political actions you can take to help: - call your Sta…

London native here, so I will only mention this one thought which arose last week, discussing the same issues after we'd been reading about the Apple headquarters...

Could not transportable housing be sited on short lease plots, with the aim of being a rudimentary means to live in a city but without having permanent planning or zoning decisions implemented?

Certainly if I was younger, I would be interested in prefab housing for say 5 years lease on the site, and not expecting any permanent conversion or to be a squatting occupier, if I faced the London market at present again. Location is so important, and I pass so many empty lots even in the city's central Whitechapel area as I walk into the City centre. I would probably have been thrilled to meet my needs at twenty, this way.

Re: The Decline of Investment in San Francisco Startups

#16

Post by amygdyl »

kevinburke wrote: post #6

Both top-level comments have mentioned housing prices. I grew up in the Bay Area and want to stay here and I am trying to work to change policy to help build more housing. Unfortunately due to law, bad policy and NIMBY's the market is not going to solve this problem on its own, without political change rents and housing prices will keep increasing. Here are some political actions you can take to help: - call your Sta…

London native here, so I will only mention this one thought which arose lady week, discussing the same issues after we'd been reading about the Apple headquarters...

Could not transportable housing be sited on short lease plots, with the aim of being a rudimentary means to live in a city but without having permanent planning or zoning decisions implemented?

Certainly if I was younger, I would be interested in prefab housing for say 5 years lease on the site, and not expecting any permanent conversion or to be a squatting occupier, if I faced the London market at present again. Location is so important, and I pass so many empty lots even in the city's central Whitechapel area as I walk into the City centre. I would probably have been thrilled to meet my needs at twenty, this way.

Re: The Decline of Investment in San Francisco Startups

#17

Post by epistasis »

kevinburke wrote: post #11
m-j-fox wrote: post #8

Earlier quoted context omitted.

The one that confuses me is AB 71. Aren't 2nd and 3rd homes basically rental stock? Owned by individuals and not the Irving Company if you care about that.

A house in Tahoe you use 3 weeks a year is not really rental stock, and it's not clear what benefit the public gets from your 2nd home that would justify a tax subsidy

With VRBO and other sharing apps, yes that house in Tahoe is rental stock.

Re: The Decline of Investment in San Francisco Startups

#18

Post by santaclaus »

ultimoo wrote: post #5

TL;DR: The investments are moving from the city proper to South Bay over the last 2-3 years. Mostly a good writeup backed by sufficient data points. If I may anecdotally share my observations, of the handful of people that I personally know who have founded Startups in 2016 and 2017 -- all of them are in their late 30s, and have dependents (spouse, children, pets). All of them currently live on the peninsula or in th…

> It is increasingly getting harder and harder to justify the costs of living in the city

Palo Alto, Menlo Park, or Mtv are hella expensive too, and you need a car.

Re: The Decline of Investment in San Francisco Startups

#19

Post by [deleted] »

aphextron wrote: post #12
kevinburke wrote: post #6

Both top-level comments have mentioned housing prices. I grew up in the Bay Area and want to stay here and I am trying to work to change policy to help build more housing. Unfortunately due to law, bad policy and NIMBY's the market is not going to solve this problem on its own, without political change rents and housing prices will keep increasing. Here are some political actions you can take to help: - call your Sta…

It's almost comical how overcrowded BART has gotten at rush hour. Embarcadero and Powell stations become standing room only. I live deep in the east bay, and the new apartment building going up across the street has 1 bedroom layouts starting at $2800. Something has to give, or people will simply give up.

[deleted]

Re: The Decline of Investment in San Francisco Startups

#20

Post by kevinburke »

amygdyl wrote: post #15
kevinburke wrote: post #6

Both top-level comments have mentioned housing prices. I grew up in the Bay Area and want to stay here and I am trying to work to change policy to help build more housing. Unfortunately due to law, bad policy and NIMBY's the market is not going to solve this problem on its own, without political change rents and housing prices will keep increasing. Here are some political actions you can take to help: - call your Sta…

London native here, so I will only mention this one thought which arose last week, discussing the same issues after we'd been reading about the Apple headquarters... Could not transportable housing be sited on short lease plots, with the aim of being a rudimentary means to live in a city but without having permanent planning or zoning decisions implemented? Certainly if I was younger, I would be interested in prefab…

There has been some progress in this direction, but the construction unions aren't happy and construction unions are for better or worse a powerful political force. In the past they've filed CEQA lawsuits to block housing projects that haven't used union labor.

https://sf.curbed.com/2016/10/31/13481254/micropad-tour-patr...

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