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Shaken by the latest digital gold rush, San Francisco struggles for its soul.

31 点作者 smharris65超过 12 年前

10 条评论

surrealize超过 12 年前
Grrrr. Existing SF residents are facing an influx of newcomers, who are pushing out (pricing out) some existing residents. And somehow, it never occurs to them to just <i>make room</i> for more people, so that existing residents don't get pushed out.<p>SF has <i>plenty</i> of opportunities to build <i>upward</i>, but as long as SF insists on being anti-development and anti-height, the housing supply problem is going to continue.
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sakopov超过 12 年前
I was recently contemplating moving to the bay area from Midwest. Then a few months ago i shared a hostel room in Edinburgh with a guy from Portland. When we got to talking he told me that he is originally from San Francisco but decided to <i>ran away</i> to Portland to escape nearly insane cost of living. I don't know how much of this is true but he was telling me that some dingy studio apartments have 10-15 people in line to sign contract. Landlords are reluctant to negotiate mainly because the next person in line is a Googler who will pay $1000/month above the asking price without thinking twice.<p>A couple of months later, an acquaintance of mine got a gig as a software engineer at Apple. When i got in touch with him, he told me that he's dishing out $5K/month to pay rent for the house his family lives in. My jaw dropped.
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jacques_chester超过 12 年前
This just in: economics applies to San Francisco.<p>If demand rises faster than supply, prices go up.<p>Demand is rising fast. Supply is being held down. Prices go up.<p>I come from Darwin, a wonderful little city clinging to the northern edge of the Australian continent. About 10 years ago a confluence of factors (expanded Defence presence and the early stirrings of the resources boom) meant that property prices took off.<p>At the same time, the hyper-local nature of politics in that part of the country (each member of parliament in the state-level government represents about 2500-3000 voters) means that infill doesn't happen because the margin of victory is easily less than two or three streets getting angry at you for authorising a new block of flats.<p>So: demand shot up, supply did not. Unsurprisingly, Darwin is now one of the most expensive places in Australia to live. If you can find an unoccupied flat, good luck renting a nice one for a price affordable on a normal middle-class income. And good luck finding a house for a price affordable on a normal middle-class income.<p>Supply and demand. It's the same everywhere for everyone. There are no exceptions. If SF wants to keep its middle class, it needs to make more housing available.<p>Especially high density housing <i>for the wealthy</i>, not the poor. Opening space at the high end of a market can have a disproportionate effect on a total market by removing massive amounts of bidding power. Every rich person who moves into a $2 million dollar apartment is a rich person who isn't bidding the price of an older building up and driving out the middle class, who in turn will drive out the poor.<p>Another dumb policy: giving money for deposits or loans. It just drives up effective demand. Every seller <i>knows</i> you can get the $X thousand dollars and then, surprise, surprise! The price of every house just rose but ~$X thousand dollars. Everything that gets given to the middle and poorer classes to subsidise housing is in fact a wealth transfer to the landlords, via good old-fashioned populist policy making.
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zinssmeister超过 12 年前
blaming the "rich" techies for the over priced rental market in SF and the rest of the Bay Area is terrible. The real reason rent is sky high in my opinion is because SF is acting like a small city when it's not. Real estate development is pretty much kept flat. Yes they are adding units but if you look at the expected growth, we will stay flat at best. This results in bidding wars for rentals and real estate purchases, because frankly there isn't enough for everyone. Builders would like to buy up more space and crank out energy efficient/modern housing, but no sir, no permit for you.
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joeblau超过 12 年前
A little over a year ago, I moved out to San Francisco from D.C. because I knew this was the hotbed of innovation and start-ups. Before moving here, I had no prior knowledge of any of the culture or neighborhoods (beyond a little about the Mission) but after being a resident of this city for a little over a year I love it. The people I've met since I've been here are some of the smartest people I've associated with; the food is better than any city I've lived in, the people are friendly, and I feel like I can have intellectual discussions with like minded people that understand my passions.<p>One thing I do struggle with is making this a permanent home. I feel like right now, people are coming here (as I did) because frankly, this is where the money is. Even Y-Combinator advertises that if they invest in your company; They want you to move here and encourage you to stay here.<p>&#62; If we invest in you, your group is expected to move to the Bay Area for January through March 2013. (You can of course leave afterward if you want, but it's a good place for a startup to be.)<p>I'm curious to see what happens when/if the bubble pops. Will people stay or will they go back home? For people that have been here 15+ years, could you shed some insight into what happend in between 1999 and 2003 as the last influx of innovation left the area? I feel like those were the years when giants such as Apple, Yahoo, Google, Sales Force, and Mozilla were essentially minted.
iamwil超过 12 年前
I don't know. How does New York deal with people in finance and artists in the same place? Do all the artists just live in Brooklyn now, instead of Manhattan?
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mahyarm超过 12 年前
Does San Mateo county (home of daly city, san bruno, south SF, milbrae, colma, etc) have such development restrictions too?
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brendanib超过 12 年前
By far the funniest part of this is the image points "non-tech workers" straight towards SOMA:<p><a href="http://www.modernluxury.com/sites/default/files/imagecache/story-photo-with-inset-main/story/freeway2.png" rel="nofollow">http://www.modernluxury.com/sites/default/files/imagecache/s...</a><p>Geography fail.
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wglb超过 12 年前
<i>When I moved to this neighborhood in 1993</i><p>But isn't this how it always is? You form one idea of how the locale is and if it improves a bit but keeps going, you want to somehow freeze it at your favorite time.<p>Travis McGee, in fact, many years ago, lamented something like this about San Francisco " . . . she now sells what she used to give away . . .". Florida too, if I am not mistaken. (Travis McGee is a fictional character, by the way).<p>My Oregon friends say it is wonderful there, but we don't want any more folk to move here.
owyn超过 12 年前
Ugh. This city does have some bad housing shortages right now, but this kind of whiny name-dropping i-was-here-first essay doesn't help. Neither does this epic rant I am about to write, but I'm going to do it anyway...<p>My favorite quote so far:<p>"If San Francisco is swallowed whole by the digital elite, many city lovers fear, the once-lush urban landscape will become as flat as a computer screen."<p>Lush urban landscape eh? Is that from all the feces on the sidewalks? Who are these city lovers? Are they the same NIMBY types who are trying to prevent any kind of night club or live music scene from being established in the city (google the "War on Fun" for fun). Well, that nameless person made up by the author is boring and terrible and they should probably move out to the suburbs to make room for someone who actually enjoys what this city has to offer now instead of what it was back when you couldn't take your kids to the park, a story which you told us yourself!<p>"When I moved to this neighborhood in 1993, just before the first dot-com boom, I avoided taking my two toddlers to the playground across the street from the café, because local gangs sometimes stashed their guns in the sand."<p>Yeah... soo.... that's bad, right? I didn't live here back then but I visited frequently and it was awful! Your fake nostalgia for the grittiness of urban life can go burn in a fire made from hobo shit.<p>Another stupid quote:<p>"The unique urban features that have made San Francisco so appealing to a new generation of digital workers—its artistic ferment, its social diversity, its trailblazing progressive consciousness—are deteriorating, driven out of the city by the tech boom itself, and the rising real estate prices that go with it."<p>Wait, aren't techie types usually considered to be sort of trailblazing and progressive and friendly to the arts? What the hell are you talking about dude?<p>Okay, rents have gone up in my building by 50% in the last 2 years. It's bad. The building, that is. It's basically been a slum apartment for a hundred years and 3 families do live upstairs from me in one unit. I WISH they'd move out, because I can hear everything that goes on up there. Ugh. We have new employees who are trying to move to the city and there aren't any good options, most of them have ended up in Emeryville or Oakland. I certainly wouldn't recommend my own building. I only stay here because the rent is cheap because I moved here before this current boom. So here I am taking advantage of the very upside-down rental market that's contributing to the whole problem! I don't know what the long term fix is besides building a LOT more new buildings, which seems to be happening... But it's only happening because rents are high enough to justify new construction, which is good for non-tech jobs and city property tax revenue in the long term, right? Would you rather have a bunch of fenced off city blocks with nothing but empty holes in the ground on market street? There's a new Draft House Cinema moving into a theater that's been empty for like 20 years two blocks away from McSweeny's. You don't think that's awesome?<p>Eventually this mini-boom will end and that's going to suck WORSE than what's going on now. Oh man, it's going to suck. Maybe rents will go down then, but only if a lot of people lose jobs and move away. That's not good is it? In fact, that's a worst case scenario for the city. The cafe you were sitting in when you wrote that article will probably go out of business too. Is that what you'd prefer? Maybe one of those techies who moves to SF this year will invent an alternate fuel generator that runs off baby boomer hand wringing and then we'll all be amazed when you single handedly save the city.<p>Still, until recently there were dozens of empty city blocks that had no development at all on them. Many stalled projects are in progress now, and it is all going to be high priced brand new luxury stuff. 3 new buildings have been built within a block of my current location in the Mission just in the last year. Sure, they're small and overpriced, and maybe only rich techie types can afford them but I'm FINE with that. When the people who can afford it move in to those places, they'll free up space in the dumps they moved out of and things will probably equalize in a couple of years, and that's probably the best case scenario.
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