Earlier quoted context omitted.
How so? All "rights" are manufactured by humans. We would like to say that "life, liberty, and the pursuit of happiness" are "natural rights", but they're not: a bunch of people just agree that they should be, so they are. (And imperfectly, at that! We wouldn't have capital punishment or prisons if we actually believed in these rights.) And if we recognized "physically being present before others" as a natural right,…
Sorry, I didn't mean to say "right" as in the kind manufactured by humans. I just meant that two people can not be in the same place at once. It's a right in a very literal sense, I.e. it's "right".
To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
301–310 of 361 posts
Re: To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
#302Earlier quoted context omitted.
How so? All "rights" are manufactured by humans. We would like to say that "life, liberty, and the pursuit of happiness" are "natural rights", but they're not: a bunch of people just agree that they should be, so they are. (And imperfectly, at that! We wouldn't have capital punishment or prisons if we actually believed in these rights.) And if we recognized "physically being present before others" as a natural right,…
I agree with you about housing but natural rights exist regardless of legal recognition. Rape, murder, genocide, and slavery are all wrong regardless what a bunch of people agree about. That's what natural rights are. They are things that can be violated by an all powerful dictator. But the dictator would be wrong and terrible for doing so. That being said, I'm hard pressed to call desired housing density a natural r…
Re: To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
#303Earlier quoted context omitted.
I think the parent was referring to: homelessness on the rise, lower-income residents being forced out, the need for many service workers to transport themselves to the city because they can't afford to live here anymore, housing speculation and foreign investment leaving units empty and driving up prices, etc. All of that "changes the character of the city", IMO for the worse. One reason (of many) for these changes…
Homelessness is rising here because SF is open to homelessness therefore it attracts it from the rest of the country. Increasing housing supply by 50% will increase homelessness because you have 50% more people willing to financially support it.
Neighborhoods in Tokyo have no local control over zoning, and houses are widely understood to be a depreciating asset, not an investment. So Tokyo builds enough housing and homeowners can't pull up the ladder behind them.
The homelessness rate in Tokyo is astonishingly low and decreasing: just 1600 people in a metropolis of 13.6 million. Almost everybody can afford to live somewhere, because there is enough housing for everybody to live somewhere.
You may think I'm saying that your neighborhood has to look like the Ginza area, and I'm not saying that at all. Tokyo contains some calm, beautiful, residential-focused cities such as Setagaya. (If this is confusing: a metropolis can contain a city.)
Re: To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
#304The housing crisis is fundamentally a transportation problem. The bay area has intentionally made it impractical to own a car, so everyone is forced seek housing within walking distance of a limited number of public transit lines. The "war on sprawl" and lack of affordable housing are two sides of the same coin.
Re: To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
#305Earlier quoted context omitted.
That's true, but potentially not enough. The fraction of the population that is renting now is still (by definition in the case of a hot market!) much smaller than the fraction of the demographic that wants to move to the area and needs to be served by a just housing policy.
The renters - if they would vote (they typically don't) however have it in there interest to have more development: more places to rent places downward pressure on rent prices and thus limits their costs. Unlike homeowners (who benefit form prop 13), a renter faces the potential of their costs increasing yearly. If the large group that wants to move in can find a a place without having to displace someone else that l…
Lots of people want to live in Cambridge, MA. Cambridge is lovely, walkable, and bursting with jobs. But not everyone who wants to can live in Cambridge, because Cambridge has large areas of inappropriately low density that homeowners fight to preserve.
Many people who work in Cambridge live in Everett. Everett is kinda shitty. It doesn't even have good transit to and from Cambridge.
People who live in Everett and want to live in Cambridge can't vote on Cambridge housing policy. They can only vote in Everett.
Local control of zoning sounds so democratic, but it's a tool of rent-seeking, exclusion, and discrimination.
Re: To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
#306Earlier quoted context omitted.
It's a death spiral waiting to happen. Companies will move away from areas where their employees can't get hosting. Not many have to move before the rest start to follow, and the speculative part of the home valuations disappear. Either they let the pressure out gradually or the thing is going to pop.
Has that ever panned out in practice? I mean, has a city economy in the US or somewhere else in the world ever popped because of too high housing prices?
The USA has never had housing priced at such a high number of hours of work before.
Re: To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
#307What is far more likely is that people will simply leave the Bay Area, and demand will fall. It's far easier to create tech clusters in other cities than it is to convince a bunch of NIMBY boomers that other people need places to live, too.
"It's far easier to create tech clusters in other cities" Wouldn't it have been done by now if that were the case? Yet SF is still the Mecca for the tech and startup scenes.
It's easy to see every major tech company having a base in SFBA for the foreseeable future, but it's also easy to see being a working programmer living in one of those smaller markets and actually being a homeowner being a much bigger thing going forward.
Re: To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
#308- World population goes up - Global amount of wealthy people goes up - Demand for a spot in a city goes up So if you extrapolate this 100 years, you will end up in a situation where even the worst cities of 2018 will be unaffordable for the regular person.
This reminds me of the joke, "If our daughter keeps growing at this rate, she'll be 12 feet tall by age 18"
- 1950: 2.5 billion
- 2000: 6 billion
- 2018: 7.6 billion
Re: To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
#309Earlier quoted context omitted.
That's how I heard it. Turns out Berkeley got rent control in 1972 while Prop 13 was passed in 1978. But generally you're right. It's still my understanding that landlords of multiple units who have tenants in rent control would have a massive problem with the repeal of Prop 13. It's one of the things that go hand in hand with rent control and keep costs low. They would have a strong argument for being unable to main…
> It's one of the things that go hand in hand with rent control and keep costs low. Prop 13 doesn't keep total costs low for landlords, it just shifts costs from property taxes to other things.
Re: To solve affordability crisis, Bay Area housing stock must grow 50% in 20 years
#310Earlier quoted context omitted.
Has that ever panned out in practice? I mean, has a city economy in the US or somewhere else in the world ever popped because of too high housing prices?
It might be about to! The USA has never had housing priced at such a high number of hours of work before.