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San Francisco, I Love You But You’re Bringing Me Down

tomdale.net

41–50 of 458 posts

Re: San Francisco, I Love You But You’re Bringing Me Down

#41
post #3

> The recent BART strikes are just a single data point in a larger trend: we’re alienating everyone who isn’t in technology. I'm not from SF but from an outside perspective: Taxes have increased 33% in the bay area since 2008 [1] and BART is "running at a surplus"...but BART transit workers have not had a pay raise since 2008? Can someone explain to me why the SF tech community are the bad guys here? ...Besides a few…

Taxes went up by 33% from 2008 through 2011? Doesn't seem credible to me. Can you post the article in which the image you posted occurs?

It was linked from the article posted in Tom Dale's blog post.

http://www.sfgate.com/news/article/Report-Basic-cost-of-livi...

Re: San Francisco, I Love You But You’re Bringing Me Down

#42
post #8

The reason for San Francisco's high rent/home price is very simple, despite how others like to complicate it more: 1: Its desirable for most people to live here. Possibly the most desirable place in the USA, depending on your tastes. As a result, people are willing to pay more to live here. There are jobs, culture, food, art and much more all in this great city. 2: Rent Control. I wont get too much into it, but my ta…

The main reason why people don't want new residential development is because it will feed into gentrification and push people out because they can no longer afford to live in SF. NYC has been and is going through this problem right now and it is not pretty. EDIT: There are a lot of comments about increasing supply as a way to make housing/apartments cheaper in SF. This is not at all well demonstrated, as in NYC new r…

Makes sense, because SF is currently a low-rent, high-quality place for poor people to live.

Re: San Francisco, I Love You But You’re Bringing Me Down

#43

Cry me a river. San Francisco is expensive. It's not the tech workers fault. Nobody owes you a home in San Francisco. The American dream is not home ownership. Where'd you hear that? A countrywide home loan commercial?

As an Ohio home owner who is thinking about moving to California and renting I agree. The dream of home ownership often overlooks the costs and insane amount of work involved in owning home and keeping it nice. I love having a 4 acre yard, but it takes me 7 hours to cut grass.

Re: San Francisco, I Love You But You’re Bringing Me Down

#44
post #8

The reason for San Francisco's high rent/home price is very simple, despite how others like to complicate it more: 1: Its desirable for most people to live here. Possibly the most desirable place in the USA, depending on your tastes. As a result, people are willing to pay more to live here. There are jobs, culture, food, art and much more all in this great city. 2: Rent Control. I wont get too much into it, but my ta…

The main reason why people don't want new residential development is because it will feed into gentrification and push people out because they can no longer afford to live in SF. NYC has been and is going through this problem right now and it is not pretty. EDIT: There are a lot of comments about increasing supply as a way to make housing/apartments cheaper in SF. This is not at all well demonstrated, as in NYC new r…

If you add supply, prices do not, all else being equal, go up.

And add to that any actual residential development in SF will have affordable housing mandates regulated into it.

I don't think that there's anything that will really stop gentrification and price rises in San Francisco real estate short of the current tech boom going away. But if you're interested in mitigating it, you want new development. What feeds the short supply of housing is a large number of single-family-detached houses, especially ones that are uninhabitable in their present form, and so reward extremely wealthy all-cash buyers who can afford to pay a premium for a house, tear it down, and build anew (without the aforementioned affordable housing mandates).

Re: San Francisco, I Love You But You’re Bringing Me Down

#45
post #8

The reason for San Francisco's high rent/home price is very simple, despite how others like to complicate it more: 1: Its desirable for most people to live here. Possibly the most desirable place in the USA, depending on your tastes. As a result, people are willing to pay more to live here. There are jobs, culture, food, art and much more all in this great city. 2: Rent Control. I wont get too much into it, but my ta…

The main reason why people don't want new residential development is because it will feed into gentrification and push people out because they can no longer afford to live in SF. NYC has been and is going through this problem right now and it is not pretty. EDIT: There are a lot of comments about increasing supply as a way to make housing/apartments cheaper in SF. This is not at all well demonstrated, as in NYC new r…

Increasing supply will raise prices? Huh?

Re: San Francisco, I Love You But You’re Bringing Me Down

#46

Cry me a river. San Francisco is expensive. It's not the tech workers fault. Nobody owes you a home in San Francisco. The American dream is not home ownership. Where'd you hear that? A countrywide home loan commercial?

Why do you feel that it is okay to dismiss someone's opinion outright? He's not suggesting that home ownership is a right, but merely that it would be nice to be able to have the possibility to own a home. Those are two very different things.

Re: San Francisco, I Love You But You’re Bringing Me Down

#47

I don't understand why tech workers in the Bay Area feel guilty about receiving 'high' salaries of $100 - $200k/year. This is not a lot of money... People on Wall street laugh at these amounts. So do specialized doctors, corporate lawyers, investment bankers, etc. Software engineering is unfortunately a very middle class occupation at this point. I'd love to see it get up into the ranks of the upper class (at least f…

Yes, it is a lot of money. Those professions make a lot of money too. I feel a little guilty because I have friends who are doing things which are way better for society (teachers, for instance) and are damn good at what they do, but making only a fraction of what I make. I feel good about what my company does, but I don't think we (or especially other companies that are adding so little value to people who actually…

If you feel guilty you could always go do those other things that benefit society more or even do some volunteer work so you feel less guilty about making a decent living.

Re: San Francisco, I Love You But You’re Bringing Me Down

#48

I don't understand why tech workers in the Bay Area feel guilty about receiving 'high' salaries of $100 - $200k/year. This is not a lot of money... People on Wall street laugh at these amounts. So do specialized doctors, corporate lawyers, investment bankers, etc. Software engineering is unfortunately a very middle class occupation at this point. I'd love to see it get up into the ranks of the upper class (at least f…

I think it's because more tech workers in the Bay Area enjoy their jobs than investment bankers in New York do. When you enjoy your work, you don't feel guilty, but perhaps a little sheepish when you realize how much you're being paid to do it.

Re: San Francisco, I Love You But You’re Bringing Me Down

#49
post #9
post #2

Even I, who makes a decent salary, have seen the great American dream of home ownership recede into the distance. That's a policy choice. I lived in Tucson for for years, and nice houses there could be bought for $200,000. Sometimes less. SF has made a choice about not allowing people to live there: http://www.slate.com/articles/business/moneybox/2012/05/face... , and in this respect it's like many other major cities…

That's pretty reductionist. San Francisco's housing policies are definitely responsible for some of the price difference between here and Tucson, but you can't ignore the geography. SF is a 7x7 mile square surrounded by water on three sides. Tucson is a sprawling mess that go on for dozens of miles. Dense, desirable, naturally bound cities are always going to be more expensive than endless exurbs. Look at housing pri…

Hong Kong is one of the wealthiest, most space-constrained places on the planet, and remains far cheaper than areas of similar population density and economic role. Compare Hong Kong to Manhattan, Tokyo, London.

Re: San Francisco, I Love You But You’re Bringing Me Down

#50
post #3

> The recent BART strikes are just a single data point in a larger trend: we’re alienating everyone who isn’t in technology. I'm not from SF but from an outside perspective: Taxes have increased 33% in the bay area since 2008 [1] and BART is "running at a surplus"...but BART transit workers have not had a pay raise since 2008? Can someone explain to me why the SF tech community are the bad guys here? ...Besides a few…

Specifically on the subject of transportation, many wealthy tech companies have deployed private buses that benefit only their employees and not the community. I don't think it's evil by any means, merely rational (at least in the short-term), but also still a missed opportunity to strengthen the community by covering employees' public transit passes, encouraging employees to live closer to work, or moving work closer to where employees want to live (some companies have done this, but the big, well-known ones have not). The net effect is private buses for tech, and crappy public transit for the rest, breeding resentment toward tech.
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