Under Newsom's approach, the current residents and businesses of San Francisco will have to put up millions of dollars to cover the costs created by market-rate housing developers
04.13.10 - 12:53 pm | Guardian Staff Writers |
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And when those conditions change, developers will be poised as always to make a vast amount of money selling overpriced condos for millionaires in San Francisco. And if they can't pay their own way, the city shouldn't allow them to break ground.
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