Housing is out of whack in San Francisco, and Sup. Jane Kim's affordable housing ballot measure would've gone a long way towards fixing it. But that was then. Now, things are more uncertain. Read more »
The November ballot is shaping into a housing supply theory showdown, and yesterday’s [Thu/17] Board of Supervisors Rules Committee hearing was the first round.
The committee hosted two hearings on rival housing proposals for the November ballot: Sup. Jane Kim’s City Housing Balance Requirement and Mayor Ed Lee’s Build Housing Now initiative. The two purport to set similar goals for building affordable housing, but Lee’s proposal contains a poison pill that would invalidate Kim's measure. Read more »
EDITORIAL There is no simple free-market solution to gentrification and displacement. There's no way a crowded city like San Francisco can simply rely on the forces of supply and demand to protect vulnerable populations. And there's no way the city's flawed housing policy can prevent the loss of thousands of San Franciscans — particularly young, creative people who help keep a city lively — from fleeing to a town where they can actually afford the rent.
Richard Florida, the famous social and economic theorist who coined the term "creative class" argues that artists and writers and geeks and musicians are the forces that drive modern economies. His pioneering 2002 essay in the Washington Monthly was titled "Why cities without gays and rock bands are losing the economic development race."