31–40 of 376 posts
Earlier quoted context omitted.
For some reason I doubt that developers will be looking to convert that office space into affordable housing.
Why? They don’t like money?
Imagine you're a municipality like San Francisco. You control all of the zoning regulations, and many of the permitting requirements. You have a AA+ credit rating, and even in today's higher rate environment, you can borrow billions of dollars at 6%. You already own oodles of land. You can build to whatever height you want within reason, because you control the zoning, and you even control many of the ordinances that…
[1]: https://www.seattletimes.com/seattle-news/politics/mayor-mur...
Earlier quoted context omitted.
The real issue is that apartment managers can come after you for the remainder of your lease. You can suddenly be in 10-20k of debt if you need to break your lease early. That's both more accessible and worse than many medical debt horror stories.
If you signed an agreement to pay a certain amount, for a certain number of months, and then you don't do it, the counterparty should be able to come after you. I understand that some of the people who break leases are experiencing hardship, but others are just breaking their leases because they can -- and a lot more people would do that if it was easier. That would put landlords on the defensive and result in more r…
Imagine you're a municipality like San Francisco. You control all of the zoning regulations, and many of the permitting requirements. You have a AA+ credit rating, and even in today's higher rate environment, you can borrow billions of dollars at 6%. You already own oodles of land. You can build to whatever height you want within reason, because you control the zoning, and you even control many of the ordinances that…
The government is run by and for the benefit of the established land owners and they don't want housing, they want excess returns. Simple.
Do San Francisco’s renters fail to turn out to vote? (Serious question.)
Is street homelessness really driven by people who couldn't pay their rent? You would think they'd stay away from drug-addled violent tent cities - and sleep in a car or at a friend's house. Too many ideas seem to be conflated with the umbrella term "homeless"
You start with sleeping in your car for "just a little while" until one day the car breaks or you can't renew tag/insurance. Or your friends get burnt out with the unpaid roommate using resources idea. Hop skip and jump away from "real" street homelessness. Been there. Amazed sometimes I made it out because it breaks your brain, just the lack of sleep enough days in a row will make the best minds broken.
Did you meet a lot of people in a similar situation to you on the street?
Imagine you're a municipality like San Francisco. You control all of the zoning regulations, and many of the permitting requirements. You have a AA+ credit rating, and even in today's higher rate environment, you can borrow billions of dollars at 6%. You already own oodles of land. You can build to whatever height you want within reason, because you control the zoning, and you even control many of the ordinances that…
Imagine you're a municipality like San Francisco. You control all of the zoning regulations, and many of the permitting requirements. You have a AA+ credit rating, and even in today's higher rate environment, you can borrow billions of dollars at 6%. You already own oodles of land. You can build to whatever height you want within reason, because you control the zoning, and you even control many of the ordinances that…
The consequences of that decision are fairly obvious and straightforward and they've by now been explained to everybody 50 times, but this is the path these cities choose anyway! It's their choice and it's what they keep choosing.
Cities like San Francisco have said clearly, firmly, and repeatedly: "we would rather suffer a housing crisis than allow the city to change too rapidly." At this point what else can you say in response?
Earlier quoted context omitted.
I see where you're coming from, but if you go to the extreme and anyone could have a private room for $1 a month, would anyone be living on the streets?
Absolutely yes they would. I know someone in my extended family on the streets - his problem is addiction. Lot's of people are willing to offer a roof. I know that's anecdata - but you asked about the extreme case.
Earlier quoted context omitted.
The government is run by and for the benefit of the established land owners and they don't want housing, they want excess returns. Simple.
> government is run by and for the benefit of the established land owners Do San Francisco’s renters fail to turn out to vote? (Serious question.)
[0] https://www.apartmentlist.com/research/renter-voting-prefere...
Earlier quoted context omitted.
If you signed an agreement to pay a certain amount, for a certain number of months, and then you don't do it, the counterparty should be able to come after you. I understand that some of the people who break leases are experiencing hardship, but others are just breaking their leases because they can -- and a lot more people would do that if it was easier. That would put landlords on the defensive and result in more r…
Those kinds of contracts should simply be illegal.