Yes! Everything is a big deal if you are short! Things just seem bigger, you know?
http://www.sfchronicle.com/news/article/House-of-Cards-drama-over-SF-Democratic-10955285.php
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@aaronpeskin
Yes! Everything is a big deal if you are short! Things just seem bigger, you know?
http://www.sfchronicle.com/news/article/House-of-Cards-drama-over-SF-Democratic-10955285.php
It turns out that if you set inclusionary housing requirements too high, you suffocate new housing projects and AND the affordable housing they subsidize.
Of course if your goal all along was to stop any new housing from being built, and to increase the rents existing property owners can charge because of the chronic shortage, this makes total sense. Campos and Wu are just along for the ride.
How a self-proclaimed real estate expert and his acolytes on the Board of Supervisors lost $20 million in one meeting.
30 Van Ness remains off the market. Sources close to the city’s Real Estate Department say it will be returning to the market soon for $60 million, $20 million less than the rejected offer.
For those keeping track that is enough for the city to build affordable housing units for about 40 families.