This article is just referring to just one building. But it does have a point and may be showing a trend to something like "the free market works".
Until cities solve the rent crisis, I believe this will happen more and more. I think the only way to solve that is to build and build, but NIMBY people and Companies who love high rent prices seem to do all they can to stop the building of Apartments.
But, in SF case, it may be a good thing. Having a city like that in a severe earthquake zone is rather foolish. I can hope people wake up and move to more environmentally stable areas of the US. By that I mean places with low risk of earthquakes, flooding and droughts. They do exist, but no one wants to live in those areas.
Until cities solve the rent crisis, I believe this will happen more and more. I think the only way to solve that is to build and build, but NIMBY people and Companies who love high rent prices seem to do all they can to stop the building of Apartments.
But, in SF case, it may be a good thing. Having a city like that in a severe earthquake zone is rather foolish. I can hope people wake up and move to more environmentally stable areas of the US. By that I mean places with low risk of earthquakes, flooding and droughts. They do exist, but no one wants to live in those areas.