Supervisor David Campos proposed a halt to new housing production in his District this week. Continue reading
from BRIAN WALLACE
“We used to leave here late, and there was nobody on the street. Now, people at night are walking their dogs,” marveled Barbara Gualco, regional director of real estate development for Mercy Housing. “Dogs wearing booties, with manicures. The most perfect dogs you’ve ever seen.”
Brian sends along a John King piece from the Chronicle. King finally noticed all the cranes clustered around the corner of 10th and Mission Streets and observes that dramatic changes are underway in our neighborhood. “Honestly, I’m not sure that 10th and Mission will ever be cool,” King writes, “but it’s becoming integrated into the city’s daily life, and that’s a startling fact in itself.”
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by BRAD PAUL
As you know, I’ve worked on housing issues in SF for almost 40 years and I’ve never seen things this bad, for both low-income and middle class families. That’s why I urge you to Support Prop G, the proposed anti-speculation tax, this November. Continue reading
AAU expansion plans
The Academy of Arts University, much more a real estate consortium than an educational institution, is finally about to release its Institutional Master Plan. A hearing at the Planning Commission is scheduled for December 10. Their current facilities and expansion plans will finally come under the scrutiny of the city. For years the AAU illegally converted office space to institutional facilities and bought up much of the affordable housing supply in low income parts of the city to be used as student housing. The Academy’s own system of mass transit links together their network of facilities throughout the city. Continue reading
by DYAN RUIZ and JOSEPH SMOOKE
from [people. power. media]
[people. power. media] is an independent media channel focused on the perspectives of grassroots organizations and marginalized communities broadcasting on the internet and through social networking. This essay was published by two authors with San Francisco roots who have tired of the so-called conventional wisdom referenced in the following four myths.
Housing is expensive because there isn’t enough supply.
Housing is expensive because so many techies and investors want to rent and buy in San Francisco. Prices are mostly determined by high-end demand.
Developers are building high-end housing because it’s expensive to build housing in San Francisco.
Even if building costs are lower, developers will build expensive housing, as long as there’s enough demand for it.
Let developers build taller buildings. Then prices will go down.
Upzoning won’t solve the housing problem for many reasons.
As long as you can upzone and deregulate, you can build and build to the point where prices will go down.
That’s not the way that housing development works. Housing finance has limits.
Rethinking private and public sectors roles in a new economy
Read the full article at [people. power. media]