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Californians aren’t leaving the state en masse but are leaving San Francisco

latimes.com

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Re: Californians aren’t leaving the state en masse but are leaving San Francisco

#191

Post by dd36 »

beerandt wrote: post #135
api wrote: post #92

Earlier quoted context omitted.

I've thought this for a while: NIMBYism and other anti-development policies is how liberals implement "red lining" with plausible deniability... even to themselves. They're not trying to exclude the poor and minorities. They're trying to protect the environment! Never mind that these policies encourage sprawl and waste.

It's more than that- dodd frank made financing for building spec houses/housing next to impossible unless participating in a hud or similar program. These policies result in the exact opposite of what you would want to build class mobility/ American Dream/ generational wealth: more rentals (without lowering rental costs, since govt guarantees a min return), less home ownership, and a higher barrier to invest in the h…

What?! Dodd-Frank had nothing to do with it. The housing price crash allowed institutional buyers to make a new asset class out of SFR. They bought hundreds of thousands of houses. They aggressively increase rents because they’re levered and their returns come from rent increases. This has caused rents in the rest of America to sky rocket. Not only do they vacuum up inventory, they never sell it. This hurts would be homeowners two ways.

It used to be that SFR was all small funds or investors. These investors hold fixed 30 year notes and don’t have to be aggressive with rent increases. A turn is more of a concern than a rent increase.

Dodd- Frank had nothing to do with that. The fix is to require these institutional funds to liquidate to owner-occupants after a decade. Let them cash out the appreciation and wind up the fund.

Re: Californians aren’t leaving the state en masse but are leaving San Francisco

#192

Post by manigandham »

zuminator wrote: post #180
manigandham wrote: post #160

Earlier quoted context omitted.

That's a very high limit for simple theft, so now simple theft is what occurs the most. Why would anyone commit felonies or robberies when they can just walk in and take below that limit without any enforcement or consequence? Making crime easier to commit doesn't reduce crime.

Theft under the $950 threshold is still a crime, specifically a misdemeanor, which can result in jail time. The whole idea that theft is going totally unpunished is a false narrative.

Why is it false? All you stated is the letter of the law, but laws aren't magic. They don't enforce themselves. If crime isn't reported, policed, and prosecuted, then it is -effectively- unpunished.

Re: Californians aren’t leaving the state en masse but are leaving San Francisco

#193

Post by 29athrowaway »

Moodles wrote: post #6

I'm leaving San Francisco next month also. I just see no reason to continue living here. The weather is nice in California, but the city is so mismanaged it's a joke. The homelessness has been an issue for decades now and local politicians always talk about it, but what do they actually do to help? I genuinely have no clue where the high taxes go. I just find it so ironic that San Francisco is a bastion of liberalism…

What people call "homelessness", are different (yet overlapping) problems that can be mitigated separately:

1) Public urination / defecation: There is a need for more public bathrooms. That's cheaper than spending millions of dollars cleaning poop and urine from the streets.

2) Public intoxication and substance abuse: Decriminalizing drugs and letting people get as intoxicated as they want is not a responsible approach. The responsible approach would be to treat drug addiction as a health problem. That means, prescribing medications to help the addicts manage the reasons behind their addiction (anxiety, depression, PTSD and other conditions), their addiction, and making sure they do not overdose.

3) Littering: sentence people to do community service cleaning the litter.

4) Homelessness: Many homeless people do not want to comply with shelter rules, so they live in the streets. The shelters won't allow intoxication, drugs, etc.

Re: Californians aren’t leaving the state en masse but are leaving San Francisco

#194

Post by dccoolgai »

As someone it tech who has spent the last two decades or so thumbing my nose at SF/bay from the East Coast, making bold predictions that the entire house of cards paying 400k for talent you could get for half that or less on the East Coast... Now that it's happened/happening I am not happy about it at all. Having wages collapse there is going to put a drag on the rest of the market across the country. I've spent a lot of time sneering at SF tech-scene from across the country, but I'm cheering for it now.

Re: Californians aren’t leaving the state en masse but are leaving San Francisco

#195

Post by Ganz7 »

ra7 wrote: post #114

Those who left SF Bay Area, do you regret it? Why or why not? I'm currently thinking about moving to a different state as it makes sense financially, but I have an attachment with the Bay Area and what it offers (especially as an immigrant), so I'm hesitant to move. I'm interested to hear experiences of people who recently left.

San Francisco, the city itself is a very different beast from the rest of the Bay Area.

Re: Californians aren’t leaving the state en masse but are leaving San Francisco

#196

Post by dahfizz »

panda88888 wrote: post #154
prostoalex wrote: post #111

Earlier quoted context omitted.

"By relocating our manufacturing facility to China and laying off the corresponding employees domestically we have been able to vastly improve workforce diversity numbers".

IIRC East Asians don’t count toward diversity number.

Ridiculous that "diversity" explicitly excludes the people that don't fit that narrative the left wants to push.

Re: Californians aren’t leaving the state en masse but are leaving San Francisco

#197

Post by jeffbee »

jariel wrote: post #170
api wrote: post #95

Earlier quoted context omitted.

Allowing new housing to be built to satisfy demand.

"Allowing new housing to be built to satisfy demand." No they don't. Switzerland is one of the most conservative places on Earth, at least culturally, and they have super strict rules on what you can build. The issue has little to do with NIMBYISM really. SF is a relatively popular destination, it's going to be really, really hard to keep people on the very bottom end of the scale in housing there. Vancouver 'built b…

To say that Vancouver built built built requires an ignorance of historical building rates. Vancouver, like the American west coast cities, severely underbuilt for decades and only recently returned to historical average rate of home building, which does not help address the accumulated deficit. For example in 2009 the whole city only built 9000 new homes, which is 1/3rd the average historical per-capita rate.

Re: Californians aren’t leaving the state en masse but are leaving San Francisco

#198

Post by judge2020 »

rayiner wrote: post #171

I’ve thought about this quite carefully, and I’m convinced we need to kick California out of the union. There is too big of an impedance mismatch with the rest of the country, and it creates and exports too much economic inequality. The usual retort to this is “what will you do without California’s economic engine?” And that’s a fair point—America without California will be less wealthy. But that will be fine; and in…

So your solution is not to kick the wealthy out of the union, but to kick California out of the union, simply because it has a large population of wealthy people?

Re: Californians aren’t leaving the state en masse but are leaving San Francisco

#200

Post by azinman2 »

chrisseaton wrote: post #148
ditonal wrote: post #138

Earlier quoted context omitted.

My friend lived in SF for 3 years, then left for a year. He called me to say, “dude what happened to SF? Apparently it’s all shit and needles now.” I had to explain to him that nothing has changed. He was just reading sensationalized media. I live in SF, I would like the city cleaned up, more accountability for taxes, more focus on tax payers over homeless. But at the same time, SF represents liberalism in the US so…

> and the problems are massively overblown For all the places I have worked in and visited through my life, including poor countries in Africa, Europe, Russia, and places as extreme as Afghanistan, the only place I have ever seen someone openly defecate in the street is San Francisco. And I've seen it many times in San Francisco. It's not overblown. Your reference points have been distorted. It's not normal. People d…

I’ve seen it in Vietnam, India, and heard about seeing it in Brazil from friends. I’m sure it’s more common than you think, we just have a very embolden and large homeless population with not enough public toilets and way too many substance abuse / mental health issues.
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