deapthoughts.bsky.social

👤 Joined on 01 July 2023

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“Corporate demand for housing” exists because of supply shortages driving up prices, thus making real estate an appealing investment. You reduce that demand by increasing supply.

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Jeff Baker
05 December 2025 20:35

You are reminded that SF needs to break ground on a project of this size every two weeks to satisfy their RHNA goals.

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More generally, San Francisco is THE example of a major city that has generally smothered market-rate building for years while pursuing a below-market-rate-first strategy and the result has been a disaster, including for the low-income households BMR is supposed to help.

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New market rate housing may not be affordable to lower-income residents but it soaks up demand from higher-income renters, which takes pressure off the rest of the housing market. There's a lot of research demonstrating that projects like this make neighborhoods in general more affordable.

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Josh Martin
05 December 2025 20:34

Unfortunately, the logical last vote for a broadly urbanist agenda on the BOS, the supervisor of the mission, is a left NIMBY. That means that the entire pro housing agenda in SF needs the D2 supervisor.

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