Housing

Supervisors approve condo legislation with veto-proof majority

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The San Francisco Board of Supervisors today voted to approve compromise legislation that will allow more than 2,000 tenancy-in-common homeowners to convert to condominiums in exchange for a 10-year moratorium on the city’s current condo conversion lottery that now allows 200 conversions annually.Read more »

Supervisors pose tough but important questions to Mayor Lee

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There’s a full agenda at the San Francisco Board of Supervisors meeting today, from the condo conversion lottery bypass legislation to approval of the term sheet from the massive development project at Pier 70, but some of the most interesting and potentially newsworthy items are at the very beginning of the agenda, when Mayor Ed Lee will answer questions posed by the supervisors.Read more »

Rival condo conversion measures finally up for board vote

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Controversial condominium conversion lottery bypass legislation is finally headed for a vote by the full Board of Supervisors this Tuesday. Befitting legislation that has stirred strong emotions and traveled a twisting political path over the last six months, there are new dramas and uncertainties cropping up at the last minute, including the lingering unknown of where Mayor Ed Lee stands.Read more »

Democrats reject 8 Washington

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The San Francisco Democratic Party has voted to oppose the 8 Washington project and to endorse the ballot measure that would halt it.

By a 15-4 margin, the Democratic County Central Commitee, which makes policy for the local party, endorsed a No vote on the fall referendum that would negate the height limit increase developer Simon Snellgrove says he needs to build the ultra-luxury condos. The units would be the most expensive in San Francisco history.Read more »

Young, creative people who work hard

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I almost don't know what to say, except: Finally, someone admits it.

Rebecca Pederson, writing in The Bold Italic, explains why she actually likes the idea that San Francisco is becoming so expensive that thousands of longtime residents are being forced out; see, if it's more expensive to live here, then young, creative people will work harder:Read more »

Housing for the rootless superrich

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When San Francisco looks at building ultra-luxury housing -- places like 8 Washington -- and some city officials and "experts" say it's going to help meet the housing needs of the city, we ought to look at what's happening in Manhattan. There, high-end housing is being flooded with people who don't live in Manhattan, won't live in Manhattan, Read more »

Why is the SF housing market "positive?"

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It's been a long, long time since anyone said that traffic is terrific. When there are too many cars on the road, it's considered bad, not healthy -- even if the boom in single-occupant auto travel is a sign of a recovering economy and lots of job creation.Read more »

Can the tech boom solve our housing crisis? No, but it can make it worse

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 San Francisco Housing Action Coalition and San Francisco Magazine posed an intriguing question at a forum they sponsored last night in the W Hotel: “San Francisco’s Housing Crisis: Can the Tech Boom Help Us?” Unfortunately, it wasn’t a question they ever really addressed at an event of, by, and for developers and their most ardent supporters.Read more »

Why rent control works

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I shouldn't even bother to talk about this, because all it will do is stir up the trolls, but I'm getting sick of all the talk about rent control being a source of San Francisco's housing problem. The latest is an editorial in the Business Times, which I buy to read J.K. Dineen's stories about commercial real-estate, among other things. I should treat it like the Wall Street Journal; nobody takes the Journal's editorial page seriously.Read more »