I don’t feel like I’m saying FU at all. My perspective is that I spent over 15 years in a house that I initially took a risk on. I helped build the neighborhood and community and schools that made it a nice place to live. And, now people who didn’t have to do all that work want to live here cheaply. And, they’re trying to use government and political power to force me to give up what I’ve helped build. Why is that fair?
As I’ve said in the past, No one is addressing the demand side of this issue. Make places less attractive, demand goes down, and prices go down. There are huge swaths of the US other than San Francisco that are in dire need of industry and people. Why not encourage companies and people to move to those places?
I believe that the bulk of the problem starts with the companies in CA. Wages clearly aren’t high enough to give workers salaries that allow them to buy properties. Raise wages, and some companies will naturally move elsewhere. Jobs will go with them, and demand will go down.
Also, the elephant in the room is foreign buyers. I looked through SF tax records the other day. I picked a random street, and most of the homes were owned by foreign trusts. Why not try to stop that first?
I’m not sure how one can disagree with my points. So, I’m probably clueless on this issue. Please educate me.
(Clearly, I’ve angered the mob. Please don’t bring torches and pitchforks to my door tonight. I just wanted to get an alternative and unrepresented viewpoint into the discussion.)
As I’ve said in the past, No one is addressing the demand side of this issue. Make places less attractive, demand goes down, and prices go down. There are huge swaths of the US other than San Francisco that are in dire need of industry and people. Why not encourage companies and people to move to those places?
I believe that the bulk of the problem starts with the companies in CA. Wages clearly aren’t high enough to give workers salaries that allow them to buy properties. Raise wages, and some companies will naturally move elsewhere. Jobs will go with them, and demand will go down.
Also, the elephant in the room is foreign buyers. I looked through SF tax records the other day. I picked a random street, and most of the homes were owned by foreign trusts. Why not try to stop that first?
I’m not sure how one can disagree with my points. So, I’m probably clueless on this issue. Please educate me.
(Clearly, I’ve angered the mob. Please don’t bring torches and pitchforks to my door tonight. I just wanted to get an alternative and unrepresented viewpoint into the discussion.)