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Some Root For a Tech Comeuppance In San Francisco

HughPickens.com writes: David Streitfeld writes in the NYT that cities do not usually cheer the downfall or even the diminishment of the hometown industry, but the relationship between San Francisco and the tech community has grown increasingly tense as the consequences for people who do not make their living from technology become increasingly unpleasant. "It's practically a ubiquitous sentiment here: People would like a little of the air to come out of the tech economy," says Aaron Peskin. "They're like people in a heat wave waiting for the monsoon." Signs of distress are plentiful. The Fraternite Notre Dame's soup kitchen was facing eviction after a rent increase of nearly 60 percent. Two eviction-defense groups were evicted in favor of a start-up that intended to lease the space to other start-ups. The real estate site Redfin published a widely read blog post that said the number of teachers in San Francisco who could afford a house was exactly zero. "All the renters I know are living in fear," says Derrick Tynan-Connolly. "If your landlord dies, if your landlord sells the building, if you get evicted under the Ellis Act" — a controversial law that allows landlords to reclaim a building by taking it off the rental market — "and you have to move, you're gone. There's no way you can afford to stay in San Francisco."

729 comments

  1. Why stay? by Anonymous Coward · · Score: 4, Insightful

    I lived in the San Francisco Bay Area before and it's a real shithole (as is most of California). Why stay when there are so many better places to live?

    1. Re:Why stay? by fluffernutter · · Score: 1

      Why get a job there is there are so many better places to live?

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    2. Re:Why stay? by Anonymous Coward · · Score: 0

      People who have made their lives in San Francisco, especially in the arts, have a right to stay where they are. Decades of development shouldn't be tossed aside for the sake of temporary profits - that path risks turning SF into a ghost town when the tech bubble collapses again.

    3. Re:Why stay? by 110010001000 · · Score: 5, Insightful

      No one has a "right" to live anywhere. Ridiculous.

    4. Re:Why stay? by Kohath · · Score: 3, Insightful

      Got it. "Arts" people have rights other people don't have. Thanks for letting us know.

    5. Re:Why stay? by cayenne8 · · Score: 2, Insightful

      People who have made their lives in San Francisco, especially in the arts, have a right to stay where they are. Decades of development shouldn't be tossed aside for the sake of temporary profits - that path risks turning SF into a ghost town when the tech bubble collapses again.

      While it is tough....do we always have to cater to the lowest common denominator?

      Are you guaranteed to be able to live in one place all or most of your life?

      With progress comes gentrification...shit happens, move on with your life.

      And if things do crash again, that is just the ebb and flow of life, it moves in cycles. If it collapses, guess what...that will mean new opportunities for new folks, to buy cheaper, and bring in their own new endeavors for housing and business in that area.

      You can't or shouldn't mandate change prevention.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    6. Re:Why stay? by ScentCone · · Score: 5, Insightful

      People who have made their lives in San Francisco, especially in the arts, have a right to stay where they are

      And that sentiment, right there, is what's wrong with this country. A whiny sense of entitlement that makes claim to something scarce simply because they want it. This is especially amusing (or would be, if these people didn't vote) in its predictableness, coming from the usual lefty/artist/aging-or-rebooted-hippie sector. Ask those same breathless progressives if they think that, say, the people in a Kentucky coal mining town have a "right" to things staying exactly as they are.

      --
      Don't disappoint your bird dog. Go to the range.
    7. Re:Why stay? by mrclevesque · · Score: 1

      "No one has a "right" to live anywhere"

      Definition "games". Ridiculous.

    8. Re:Why stay? by Anonymous Coward · · Score: 2, Interesting

      yeah fine. arts people don't have special rights.

      but we get driven out, find some shithole that no one else would even think of living in. fix it
      up, build a community, then the rich assholes come in, drive us out, and we're left
      trying to find another shithole to convert. when you're a 50 yr old artist whose had
      an established place for 30 years, thats pretty sad.

      the problem is in the bay area is that we ran out of raw material to process. its all
      expensive, except west oakland which is still pretty gangbangery, although some
      are trying to make it work.

      have fun living in your soulless overpriced wasteland

    9. Re:Why stay? by jandersen · · Score: 0, Troll

      No one has a "right" to live anywhere. Ridiculous.

      On the other hand, the right to life is a fundamental, human right - and that implies that everybody has a right to live somewhere, which contradicts your statement, I think.

    10. Re:Why stay? by Kohath · · Score: 2

      We should care about your problems? Why? Do you care about ours?

    11. Re:Why stay? by mrclevesque · · Score: 1

      "Got it. "Arts" people have rights other people don't have."

      Why read it that way?

    12. Re:Why stay? by Anonymous Coward · · Score: 0

      Got to keep that bay area real estate bubble going. Maybe it was not about the tech job...

    13. Re:Why stay? by 110010001000 · · Score: 4, Insightful

      You can live somewhere. Just not in a $5000/month apartment in SF. It doesn't contradict anything. Moronic.

    14. Re:Why stay? by Anonymous Coward · · Score: 0

      Anonymous trailer trash.

    15. Re:Why stay? by mrclevesque · · Score: 1

      "We should care about your problems?"

      Who said you should?

    16. Re:Why stay? by 110010001000 · · Score: 4, Insightful

      Really? Citizenship allows you to live in the middle of Manhattan in a $10,000/month apartment? I never got that memo. Good luck taking that apartment.

    17. Re:Why stay? by Richard_at_work · · Score: 1

      especially in the arts,

      Fuck off, you aren't more important because of "the arts". Pay your way.

    18. Re:Why stay? by Richard_at_work · · Score: 2

      Plenty of affordable accommodation outside San Francisco that you can move to if you can't afford to live within San Francisco itself.

    19. Re:Why stay? by 110010001000 · · Score: 5, Funny

      You sound like that dude on office space: "I have people skills; I am good at dealing with people. Can't you understand that? What the hell is wrong with you people?". He was funny, just like you.

    20. Re:Why stay? by Kohath · · Score: 1

      It's an ongoing phenomenon. People who don't do anything for anyone are loudly demanding special treatment for themselves. Why should anyone care what any of these people want when they so obviously don't care about the rest of us?

      It's time to start saying "No. Be a better person. Do good things for other people. Show some sympathy and empathy for the rest of us. Then come back and ask us for a favor."

    21. Re:Why stay? by Tailhook · · Score: 3, Informative

      The old gentry doesn't like the new gentry.

      --
      Maw! Fire up the karma burner!
    22. Re:Why stay? by Anonymous Coward · · Score: 0

      The people burning coal affect others/the environment/pollute drinking water excessively, etc. It's not a 1:1 with your GOP screed against "liberalism" lol, idiot.

    23. Re:Why stay? by Archangel+Michael · · Score: 3, Insightful

      The problem here is that some of the problem is actually caused by the same kind of thinking expressed here. People think they have a "Right" to tell others what they can and cannot do. They put in rent controls, and when people finally get to the point where it doesn't make sense for the owners to keep renting, and sell, change occupation, move on, leaving NO place for renters people are somehow offended.

      The issue is that in a free market, it moves with efficiencies, with less than free markets, it still moves, but with less efficiencies. To the point that people get used to inefficient markets and expect them to last forever, which is impossible. It is like basic economics aren't understood.

      Guess what? Rent Controls will always fail, eventually. Just like all forms of socialism based economics. Just because it works for a short period doesn't mean it works.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    24. Re:Why stay? by Anonymous Coward · · Score: 0

      Continue serving me coffee and I'll continue to tip you.

    25. Re:Why stay? by bigpat · · Score: 2, Insightful

      No one has a "right" to live anywhere. Ridiculous.

      I think if I came to where you and your family lived, knocked on the door and said to be out in 30 or 60 days and you couldn't afford to stay in the area near family, near friends, near schools your kids went to, near jobs that supported your family. I don't think you would just shrug and say well no one has a "right" to live anywhere.

      I think you need to distinguish between an idealized free market system and a free market system with some controls and moderation that actually works to reduce the kinds of societal tensions that can really be disruptive and destructive to people's lives.

    26. Re:Why stay? by Anonymous Coward · · Score: 1

      Don't sell - then you don't have to move. If you rent, then it isn't yours to begin with.

    27. Re:Why stay? by K.+S.+Kyosuke · · Score: 1

      What does Apple have to do with this, how is the grandparent wrong, and why do you assume that humans are the most complex thing in the universe, most of which you haven't even visited to check the veracity of your claim?

      --
      Ezekiel 23:20
    28. Re:Why stay? by L.+J.+Beauregard · · Score: 3, Funny

      SJW

      DRINK!

      --
      Ooh, moderator points! Five more idjits go to Minus One Hell!
      Delendae sunt RIAA, MPAA et Windoze
    29. Re:Why stay? by Kohath · · Score: 3, Insightful

      San Francisco is literally a shithole. They can talk to us about coal after they solve their own problems.

    30. Re:Why stay? by K.+S.+Kyosuke · · Score: 2

      I've witnessed several debates with regards to "right to work". They were equally pointless, with different sides using different definitions of the concept.

      --
      Ezekiel 23:20
    31. Re:Why stay? by Richard_at_work · · Score: 2, Insightful

      I think *you* need to distinguish between rented and owned property - if you rent, then no you don't have a right to live there, you have a privilege in being allowed to live there by the owner, who can under some certain circumstances, withdraw the privilege.

      If you want a right to live somewhere specific, then buy.

    32. Re:Why stay? by K.+S.+Kyosuke · · Score: 1

      What you're describing sounds like the perfect opportunity to enrich yourself, if the market value of the properties significantly increased in the period in question.

      --
      Ezekiel 23:20
    33. Re:Why stay? by Registered+Coward+v2 · · Score: 1

      People who have made their lives in San Francisco, especially in the arts, have a right to stay where they are

      And that sentiment, right there, is what's wrong with this country. A whiny sense of entitlement that makes claim to something scarce simply because they want it. This is especially amusing (or would be, if these people didn't vote) in its predictableness, coming from the usual lefty/artist/aging-or-rebooted-hippie sector. Ask those same breathless progressives if they think that, say, the people in a Kentucky coal mining town have a "right" to things staying exactly as they are.

      The ironic thing is the right is as whiney and has the same sense of entitlement, just about different things.

      --
      I'm a consultant - I convert gibberish into cash-flow.
    34. Re:Why stay? by 110010001000 · · Score: 2

      Indigency? WTF? It isn't poverty when you are forced out of your $5000 month apartment that you dont even own. That is why ownership is important. Dumb.

    35. Re:Why stay? by Anonymous Coward · · Score: 1

      You can bet you're dealing with a Hilllary voter here; no issue with importing hundreds H1-B Indians a day to displace IT workers. No problem with millions of illegals displacing working class people, because any other policy would be `immoral.' But damn, you crowd him out of his own neighborhood and suddenly all these `rights' appear.

      Eat shit and die.

    36. Re:Why stay? by stdarg · · Score: 3, Insightful

      If your line in the sand is "affect others" then guess what, some starving artist who has a "right" to stay in his apartment is depriving someone else of living there. That is certainly an effect on others.

    37. Re:Why stay? by Anonymous Coward · · Score: 0

      Sorry Mr. Artsy Fartsy. The fact is that some of us forego what we'd like to do in order to contribute to society. In exchange, society gives us nice things. Then, once we've done our part, we use our free time for arts and crafts. You seem to think you're entitled to do arts and crafts for a living and that the rest of us should subsidize your no-load lifestyle. The fact is you aren't contributing your part to society so you get to live in a shithole. Find a way to contribute and society will reward you accordingly. Steven Hawking is a god damned paraplegic and he is capable of contributing... so what's your problem? I can almost imagine a coal-miner in Appalachia saying he is entitled to a live in a San Fran condo because he spent 20 years driving a fork-lift... yet he labor has probably contributed 20x what your art has contributed.

    38. Re:Why stay? by Anonymous Coward · · Score: 0

      when you're a 50 yr old artist whose had
      an established place for 30 years, thats pretty sad

      If you're getting driven out it means you didn't own anything. If you don't own where you live by 50, you've made bad decisions.

    39. Re:Why stay? by Anonymous Coward · · Score: 0

      Oh I'd say the overzealous, supposedly-compassionate but really not-so-subtly self-important and self-serving progressives who exhibit very real characteristics of totalitarianism are most definitely affecting others in detrimental ways too. But of course they'd never admit their own shit stinks too, now would they.

    40. Re:Why stay? by blue9steel · · Score: 3, Insightful

      People who have made their lives in San Francisco, especially in the arts, have a right to stay where they are.

      Apparently your education was somewhat lacking as you have no concept of the difference between a right and a sense of entitlement. If you want to stay where you are then purchase the property, otherwise if you can't afford to live there then it's time to move. Welcome to capitalism, the worst system imaginable, except all the others.

    41. Re:Why stay? by Anonymous Coward · · Score: 0

      2/10

    42. Re:Why stay? by pla · · Score: 5, Insightful

      So, unless you're a mortgage-free homeowner, whoever holds the title on your property has the right (no quotes) to force you into indigency on a whim?

      Pretty much, yeah. Don't like it? Buy. Can't afford to buy? Move. Really that simple.


      Well, that'll do wonders for a stable society.

      Artificial attempts to drive down the price of scarce goods have quite a colorful history. Summary: They always have exactly the opposite effect intended, effectively making those goods unavailable at any price except on the black market at 10-100x their "natural" price.

    43. Re:Why stay? by Anonymous Coward · · Score: 0

      have fun living in your soulless overpriced wasteland

      We should care about your problems? Why? Do you care about ours?

      I don't think GP cares about your problems. GP also appears to be angry that he'll need to find somewhere else to call home, but he doesn't seem to be asking you to care.

      Personally, I'm still trying to figure out just why the hell tech companies need to all be clustered in a handful of cities.

      Perhaps I'm making too broad of an association here, but I think this has a lot to do with the tech worker shortage. Skilled people like me are out there and would gladly jump ship for a modest raise. I'm not willing to move somewhere where the cost of living is 10x where I am currently only to make maybe 7x what I'm currently making. This conveniently lets the Illuminati keep pushing through propaganda about how tech wages are on the rise as proof of this "shortage."

      Eliminate H1Bs entirely. Force these companies to either legitimize remote labor (I design and write software--why the hell do I need to be physically on premise or even why the hell do I need much more than git access and a testing server in a world where just for shits and giggles I can--for free--video conference with 7 or 8 other people who regularly play Monster Hunter), open branch offices in flyover country, or go out of business for lack of talent. Then the gentrification problem will solve itself.

      The invisible hand isn't magic and or a solution to everything. Yeah, living in the big city will always cost more. I think a 10x difference in cost of living between where I live in flyover country and current-day SF is a bit ridiculous, though, especially after hearing some ACs telling the other side of the story.

    44. Re:Why stay? by ttucker · · Score: 1

      The people digging coal out of the ground don't burn it, don't they have a right to stay in West Virginia or whatever?

    45. Re:Why stay? by fustakrakich · · Score: 0

      On the contrary! No one has the right to displace another from their homes. The *right to life* is universal, not just for people that can afford it.

      --
      “He’s not deformed, he’s just drunk!”
    46. Re:Why stay? by Anonymous Coward · · Score: 0

      We don't need or want your love. Just get out.

    47. Re:Why stay? by Anonymous Coward · · Score: 0

      The useless kits of the old gentry don't like the new gentry now that their parents have passed and the old money has dried up.

    48. Re:Why stay? by Kohath · · Score: 3, Insightful

      Yeah, they want to keep the money they earned in their paychecks. How dare they? They think they're entitled to money just because they spend their days working for it? And just because their employer voluntarily offered the money in exchange for the work?

      These rightist people have no idea how hard it is to get by for people who don't want to do anything for anyone.

    49. Re:Why stay? by wyHunter · · Score: 1

      Since most artists seem to survive off grants and grants are paid from tax money - maybe they should welcome the tech industry?

    50. Re:Why stay? by westlake · · Score: 1

      No one has a "right" to live anywhere. Ridiculous.

      I'll remember that when you are priced out of your own home or apartment --- forced to relocate and find a new job. I'll enjoy it even more if you are not as high up on the food chain as some claim to be here. The median household income in California is $67,500.

    51. Re:Why stay? by xanthines-R-yummy · · Score: 1

      In what way was that comment SJW? If anything, this guy is giving SJW's a bad name!

    52. Re:Why stay? by fustakrakich · · Score: 1

      Yeah, until the city decides to condemn your property, or the bank evicts you with forged papers.

      Anyway, good troll, man!

      --
      “He’s not deformed, he’s just drunk!”
    53. Re:Why stay? by bigpat · · Score: 0

      I think *you* need to distinguish between rented and owned property - if you rent, then no you don't have a right to live there, you have a privilege in being allowed to live there by the owner, who can under some certain circumstances, withdraw the privilege.

      If you want a right to live somewhere specific, then buy.

      In the ideal, sure. But fundamentally rent and ownership are both temporary control of real property defined by laws and regulations. People are not free to create whatever contracts they like. That is just reality. Government puts many reasonable (and unreasonable) constraints on the types of contracts that it will enforce or allow and limits on the kinds of ownership that will be recognized by courts.

    54. Re:Why stay? by Anonymous Coward · · Score: 0

      You're mistaken, and it has no rent control. Those prices are rising FASTER than inside SF, in fact.

    55. Re:Why stay? by i_ate_god · · Score: 1

      > Guess what? Rent Controls will always fail, eventually. Just like all forms of socialism based economics. Just because it works for a short period doesn't mean it works.

      Whats your definition of "works"?

      My definition is over all quality of life, and various quality of life metrics place the US behind socialism-based economies like Switzerland, Canada, Norway, Sweden, etc.

      --
      I'm god, but it's a bit of a drag really...
    56. Re:Why stay? by tnk1 · · Score: 1

      I think that there is a state interest in making sure that people are able to feel secure in their homes.

      However, I think when you talk about renting that you need to ensure that the ownership rights are balanced with the right of people to be secure. I think there is a reasonable solution for people that needs to be found. There should be a long term ability for owners to be able to sell, and people living in those places should see it coming a mile away.

      Of course, I think that being in SF is a giant bubble. They're either going to destroy the city with forcing everyone but the tech people out, or they're going to start pricing people who need to be in tech out of the market, thus hitting a limit on how many people they can get for new businesses.

      Personally, I have no desire to live or work in SF. I've been there, its decent and all, but it's not a place I'd pay 5K a month to live in.

    57. Re:Why stay? by Anonymous Coward · · Score: 0

      No, Republicans maintain you do have a "right" to live. Right up until the moment you are born. And no later.

    58. Re:Why stay? by mspohr · · Score: 0

      The rest of us in California are happy that you left.

      --
      I don't read your sig. Why are you reading mine?
    59. Re:Why stay? by JonnyO · · Score: 2

      On the other hand, the right to life is a fundamental, human right - and that implies that everybody has a right to live somewhere, which contradicts your statement, I think.

      The right to live is not the same as the right to live in a specific place. The former exists; the latter does not. The realities of the marketplace dictate that you have a right to live someplace as long as you can afford it.

    60. Re:Why stay? by Anonymous Coward · · Score: 0

      It seems like a physics violation.
          Unless you are going to pay maids the same as programmers, you can't have a city where large piles of cash are required to live there.

      The thing that makes SF a neat place for the Tech folks to live is that it is a functioning, interesting city.
      The diversity that makes it interesting is being killed because only a techno mono-culture can afford to live there.
      The folks who make it function ( cooks, school teachers, shop keepers, maids, and many more) can no longer get a place to live.
      The exception is folks grandfathered into a rent control situation which is sketchy.

    61. Re:Why stay? by tnk1 · · Score: 1

      So, when you lived there, did anyone give a thought to how the city might develop? If you didn't, you're the equivalent of moss or lichen in the whole plant succession chain. You're making the place better for the asshole grasses and trees, and they're going to come in and take over the place.

      The only way to ensure you don't get fucked over in that situation is to either ensure you protect your environment (which may mean that tech would have gone elsewhere), or to work out how to take advantage of the situation, or even just taking your scads of money and getting out so you can go to the next artist colony somewhere else. There's really no point in suggesting that people should stay away from a nice place to live.

    62. Re:Why stay? by T.E.D. · · Score: 1

      A whiny sense of entitlement that makes claim to something scarce simply because they want it. This is especially amusing (or would be, if these people didn't vote) in its predictableness, coming from the usual lefty/artist/aging-or-rebooted-hippie sector

      It comes from rich people too. Say you talk about actually paying for that expensive military they love so much by getting rid of their tax breaks on capital gains, inheritance, or second homes. Then you'll hear all sorts of talk about how they are entitled to every penny of their financial windfalls. Or talk about getting rid of the strict zoning laws that were put in back in the end of the Civil Rights era to provide backdoor ways to prevent poor blacks from living near rich white people. Then you'll hear all sorts of talk about how reducing property values of rich people when cheaper houses are built nearby is unfair to the rich people. The exact same argument in reverse.

      We just don't call it "whining" or "entitlement" then. Those words are reserved for poor people.

    63. Re:Why stay? by RabidReindeer · · Score: 3, Insightful

      You never "own" property. Try not paying taxes on it and see. It's like "owning" a movie on DVD.

      A lot of people "owned" property free and clear, but then someone came in, gentrified the neighborhood, property valuations skyrocketed, and the "owners" couldn't afford the higher taxes.

      Some take the money and run. Some have a value system based on other things than money.

    64. Re:Why stay? by Anonymous Coward · · Score: 1

      Decades of development shouldn't be tossed aside for the sake of temporary profits

      Artists did nothing to "develop" San Francisco. The main reason San Francisco has turned nice is because people in high tech and the financial industry pumped tons of money into it. A lot of them people like me, gay techies who have been around the Bay Area since the 1980's.

      that path risks turning SF into a ghost town when the tech bubble collapses again

      Don't worry, us gay techies are already leaving, long before "the tech bubble" collapses. San Francisco has become an overpriced oppressive shithole that has attracted all the wrong people: activists, artists, and other unsavory types.

    65. Re:Why stay? by Anonymous Coward · · Score: 0

      If anyone is looking to practice their right to work, I've got some felled trees on my property that need clearing. TIA

    66. Re:Why stay? by Cro+Magnon · · Score: 1

      No one can displace me from my house. However, if I were renting, my landlord could knock on my door and say, "Hey, Cro, I'm raising your rent to 10K a month! Have a nice day".

      --
      Slow down, cowboy! It has been 4 hours since you last posted. You must wait another few hours.
    67. Re:Why stay? by ooloorie · · Score: 2

      On the other hand, the right to life is a fundamental, human right - and that implies that everybody has a right to live somewhere, which contradicts your statement, I think.

      The "right to life" only means that other people can't kill you without cause. It doesn't mean that other people have to provide you with an apartment, let alone an apartment in one of the most expensive and desirable cities in the US.

    68. Re:Why stay? by Archangel+Michael · · Score: 4, Insightful

      Quality of Life, in Bay Area?

      Not my quality of life. Yeah, you're idea and my idea aren't even close to the same. I would rather have a back yard my kids could play in than a six figure salary that went to keeping up with the Jones'

      I've seen the Families that raised their kids in the Bay Area, they all complain about the same things they chase. They complain about "Wall Street" while working for the same companies that fuel the speculation that made the bubbles that caused the irreparable harm to our economy. They'll vote for Bernie, and more "Big Government" to fight the "Big Government Crone Capitalism" not realizing that Big Government is actually the problem.

      These are the people who vote for "High Speed Rail", but would never ride it, because they are too good for it.

      These are the people who vote for Rent Control, not realizing it creates the slums they have to live in because they can't afford to live anywhere else. And call it "Quality of Life".

      Meanwhile I live in a nice yard, have a nice veggie garden in my back yard, 50+ rose plants to brighten my wife's day and an eight minute commute. No, I don't have six figure income I'll take my Quality of Life, thank you very much.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    69. Re:Why stay? by Anonymous Coward · · Score: 0

      VROOMFONDEL: What we demand is a total absence of solid facts! I demand that I may or may not be Vroomfondel.
      MAJIKTHISE: We are philosophers.
      VROOMFONDEL: But we may not be.
      MAJIKTHISE: We are quite definitely here as representatives of the Amalgamated Union of Philosophers, Sages, Luminaries, and other professional thinking persons. You just let the machines get on with the adding up and we’ll take care of the eternal verities, thank you very much. By law the quest for the ultimate truth is quite clearly the unalienable prerogative of your working thinkers.
      VROOMFONDEL: We demand rigidly defined areas of doubt and uncertainty!
      MAJIKTHISE: We’ll go on strike!
      VROOMFONDEL: That’s right. You’ll have a national philosopher’s strike on your hands.
      DEEP THOUGHT: Who will that inconvenience?
      MAJIKTHISE: Never you mind who it’ll inconvenience you box of black legging binary bits! It’ll hurt, buster! It’ll hurt!
      - Douglas Adams, Hitchhikers Guide

    70. Re:Why stay? by 110010001000 · · Score: 1

      Yeah, because that happens a lot. Forged papers. Give me a break. Troll my ass.

    71. Re:Why stay? by ooloorie · · Score: 5, Insightful

      I think if I came to where you and your family lived, knocked on the door and said to be out in 30 or 60 days and you couldn't afford to stay in the area near family, near friends, near schools your kids went to, near jobs that supported your family. I don't think you would just shrug and say well no one has a "right" to live anywhere.

      I certainly have moved away from places I liked and where my friends lived because the area got too expensive and I couldn't afford it anymore. It's basic, responsible financial decision making. I have no tolerance for people who whine and complain about it.

    72. Re:Why stay? by 110010001000 · · Score: 1

      People made it illegal for teachers to live in the Bay Area? Damn, and played the race card too. Congrats. The Seatlle public school system has been garbage for a LONG TIME before the tech boom.

    73. Re:Why stay? by Anonymous Coward · · Score: 1

      but we get driven out, find some shithole that no one else would even think of living in. fix it up, build a community, then the rich assholes come in, drive us out, and we're left trying to find another shithole to convert.

      You're delusional. Artists didn't "fix up" San Francisco. They added a little bit of local color to the city, that's all. What "fixed up" San Francisco was massive amounts of money from the financial and tech industry.

      And don't kid yourself: the culture and community you built was always insular and exclusionary; you never welcomed techies or other "squares". So, while your community served your own interests, it never served the interests of anybody else.

    74. Re:Why stay? by 110010001000 · · Score: 1

      Yeah guess what? That already happened to me. I live in DC and there are many areas I can no longer afford. Remember me? That is life.

    75. Re:Why stay? by T.E.D. · · Score: 4, Insightful

      Yeah, they want to keep the money they earned in their paychecks. How dare they?

      "Paychecks"? Oh, my sweet country mouse...

      Rich people by and large don't get most of their money from paychecks, and those aren't the taxes they concentrate on. They fight hard for new and better tax breaks for things like capital gains, inheritance, second homes, etc. These are situations where they barely lift a finger (if at all). Paychecks are for suckers like us.

    76. Re:Why stay? by 110010001000 · · Score: 3, Insightful

      It isn't "your home" is you rent it. And yes, the OWNER of your property has the right to displace you, subject to the law.

    77. Re:Why stay? by 110010001000 · · Score: 1

      That was a book. You should read it.

    78. Re:Why stay? by dwheeler · · Score: 5, Insightful

      because you people made it illegal for teachers to live in your area

      Strawman. No one made it illegal to be a teacher (or fireman or whatever), and no one made anyone take that job either. If it's too expensive to live in SF as a teacher or fireman, then teachers and firemen start to disappear. If they are important, then their local salaries will get raised until they stop disappearing. That's how economics works.

      Now clearly this causes lots of undesirable dislocations. But the fundamental problem here, as far as I can tell, is that SF's government appears to have discouraged building new housing, and been depending on mechanisms like rent controls which have KNOWN serious problems. You can pretend economics doesn't matter, but it does, and it causes lots of easily predictable effects. The SF city government appears to have let a problem fester, with (again) predictable consequences. It is entirely appropriate to be sympathetic to the many people harmed by the SF government's bad policies. Yes, they need help, and I think they SHOULD get help. But part of that help needs to be acknowledging that ignoring economics doesn't work.

      --
      - David A. Wheeler (see my Secure Programming HOWTO)
    79. Re:Why stay? by 110010001000 · · Score: 1

      The Seattle teachers are staving because Gates doesn't pay taxes? The median elementary teacher salary is $58,400 in Seattle. Try again. You are saying teachers in SC make $120,000?

    80. Re:Why stay? by Anonymous Coward · · Score: 0

      My city did that too. The Republican rulers of this city decided to pay teachers less than half of what it costs to live in the area. Now, we have to hire from a tiny pool of teachers that are willing to spend two to three hours a day commuting. Plus, the teachers are miserable since this city hates them so much. Hates them so much.

      It makes me want to move to SF where teachers, while they are treated as slaves, they are at least respected. They're not hated like they are here in Seattle where the Republicans hate them so much.

    81. Re:Why stay? by Anonymous Coward · · Score: 0

      how lovely for you be be so vindicated, so richly rewarded, that you can consider yourself a
      separate and superior species

      all in exchange for spending 10 hours a week faffing about in the middle-pool of technology

    82. Re:Why stay? by Anonymous Coward · · Score: 0

      When I moved from SC in 2003, my wife was making $103k per year, but then again she has a PhD and fifteen years experience at that point. I'm a PE, and she made even more than I did. Teachers are paid very well in parts of SC.

    83. Re:Why stay? by lactose99 · · Score: 0

      You sound like a dickhead

      --
      Fully licensed blockchain psychiatrist
    84. Re:Why stay? by Registered+Coward+v2 · · Score: 1

      Yeah, they want to keep the money they earned in their paychecks. How dare they? They think they're entitled to money just because they spend their days working for it? And just because their employer voluntarily offered the money in exchange for the work?

      These rightist people have no idea how hard it is to get by for people who don't want to do anything for anyone.

      More like "I don't want people to do X so I will outlaw it or refuse to do my job because I don't like X" when X has no impact on them, such as gay marriage. Or "people should not be free to change jobs and work for a competitor since I paid them to work for me so I'll pass laws to prevent them from entering into another voluntary agreement" As for keeping money, it's "I should get a government handout to build / locate/ buy something and / or protection from competitors because I create jobs so to hell with the free market philosophies I expose otherwise." Same whine, different bottle.

      --
      I'm a consultant - I convert gibberish into cash-flow.
    85. Re:Why stay? by grahamsz · · Score: 1

      I do think it should be incumbent upon cities to make sure their employees can afford to live there.

      I strongly feel the majority of teachers, firefighters and city employees should live in the city they serve. There's no way that san fran can't raise the tax revenue to make that happen and I strongly believe they should. (My own city is less extreme but has a lot of the same issues where the only teachers, I know of, who live in the city proper have partners with tech jobs)

    86. Re:Why stay? by 110010001000 · · Score: 3, Funny

      Have another toke dude.

    87. Re:Why stay? by Anonymous Coward · · Score: 0

      If you want a right to live somewhere specific, then buy.

      Even then you don't have a right to live anywhere. Not sure what the property tax is like in CA and the Bay Area, but here in Seattle, we have seen similar tech industry boom and there are many people who owned their house and land but could not pay the property tax because of rising values. They had no choice but to sell and move elsewhere.

    88. Re:Why stay? by Anonymous Coward · · Score: 0

      You never "own" property.

      Ironically the coffee shops of San Francisco are haunted by `artists' that agree with that notion.

    89. Re:Why stay? by Anonymous Coward · · Score: 0

      I definitely am superior to someone who faffs about thinking splattering some paint on cardboard makes them an artist.

    90. Re:Why stay? by Anonymous Coward · · Score: 0

      Except that would require buying the property and then later selling, rather than just renting.

    91. Re:Why stay? by paiute · · Score: 3, Interesting

      the rich assholes come in, drive us out, and we're left trying to find another shithole to convert.

      Did you buy into the underdeveloped area when prices were low? Did your peers cash out as soon as the area became more desirable? If the hipster art community which made a crappy area into a desirable one owns the buildings, how are they driven out?

      --
      If Slashdot were chemistry it would look like this:Cadaverine
    92. Re:Why stay? by mrchaotica · · Score: 1

      If you want a right to live somewhere specific, then buy.

      Even that won't always help you anymore. See Kelo v. New London.

      --

      "[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz

    93. Re:Why stay? by Anonymous Coward · · Score: 0

      My sister, a complete and utter screw-up, makes $72k per year in Rock Hill, SC. That's more than I make as an electrical engineer about sixty miles away. Plus, she works less than half the days of the year. Teachers are overpaid.

    94. Re:Why stay? by Applehu+Akbar · · Score: 1

      Artists have a long history of colonizing places that nobody else wants, and then adding value. Locally, we have an abandoned copper mining town that artists reclaimed and made their own, with galleries and restaurants that attract locals and tourists. Displaced artists will move on to the next ghost town.

    95. Re:Why stay? by Anonymous Coward · · Score: 0, Flamebait

      The translation of SJW is: "Anyone who doesn't agree with me", "Any woman who won't sleep with me (see: all women)" and "People who I just feel I don't like at the moment".

    96. Re:Why stay? by Anonymous Coward · · Score: 0

      Maybe they'll learn that white privilege is losing your apartment and not being able to do art projects for money.

    97. Re:Why stay? by Tailhook · · Score: 5, Insightful

      reduce the kinds of societal tensions that can really be disruptive and destructive to people's lives

      All sorts of disruptive and destructive things are tolerated every day; hundreds of H1-Bs displace citizens from their livelyhoods, small midwest communities are expected to absorb Syrian immigrants into their schools and hospitals without complaint, property owners in border states live in fear of smugglers unimpeded handcuffed border patrol... Funny how we only indulge this "societal tension" language when it's comfy SF gentry being disrupted. In all other cases it's `racism' and/or `intolerance.'

      --
      Maw! Fire up the karma burner!
    98. Re:Why stay? by Optic7 · · Score: 4, Informative

      Interestingly, what you described couldn't happen in California since 1978 because there is a state law that limits property tax rate amounts and increases, and also only allows reevaluation of the property value when the property is transferred.

      Reference: https://en.wikipedia.org/wiki/...

    99. Re:Why stay? by cayenne8 · · Score: 2

      My definition is over all quality of life, and various quality of life metrics place the US behind socialism-based economies like Switzerland, Canada, Norway, Sweden, etc.

      I guess it depends on what your quality of life metrics ARE...and how you measure each of the variables.

      I"m guessing they are different than mine, and both of ours are different from others spread across the US.

      That's the nice thing about most states' rights in the US, if you don't like how it is done in one place, you are free to move to a state/city that is more in line with your thinking.

      A more drastic step, is that no one keeps you from moving from the US to socialism based countries....except likely for their laws on immigration.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    100. Re:Why stay? by Anonymous Coward · · Score: 0

      You should check your privilege.

    101. Re:Why stay? by blackomegax · · Score: 1

      Funny, the DC bubble should have taught you what a horrible concept it was and that SF doesn't deserve it. Higher rents lead to higher salary demands lead to higher rents (ad infinitum) lead to increased, fatty budgets in gov/private sector lead to fewer jobs lead to weaker dollar. Econ 101, bitches.

    102. Re:Why stay? by rochrist · · Score: 1

      Oh look, it's another idiot who thinks using 'SJW' pejoratively is an effective insult that doesn't make the user look like a complete fool.

    103. Re:Why stay? by rochrist · · Score: 0

      +5

    104. Re:Why stay? by Salgak1 · · Score: 3, Insightful

      You seem to forget that with rights, come responsibilities. Like being able to pay for food and lodging. Otherwise, it's called "vagrancy". Otherwise, you're trespassing on the property of others, and violating THEIR rights. . .

    105. Re:Why stay? by Salgak1 · · Score: 1

      . . .and spread that stuff around, it's obviously primo stuff, to believe that, oh person with the bravery to post in AC status. . .

    106. Re:Why stay? by cayenne8 · · Score: 1

      "Any woman who won't sleep with me (see: all women)"

      No...those aren't SJW's...they are just lesbians.

      :)

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    107. Re:Why stay? by Anonymous Coward · · Score: 0

      If you are renting, it's not "your home" you are just renting the space.

    108. Re:Why stay? by uncqual · · Score: 2

      California passed Prop 13 in 1978 to address this very issue. This proposition caused all property assessments to be reset to their 1975 values. It also limits increasing of assessments to not more than 2% a year. Property can be reassessed when ownership changes or if the property is improved (for example, adding a bedroom and bath results in the assessment being increased by the current value of the two new rooms). Various other laws have been passed over the years that extend Prop 13's reach (for example, if ownership changes because a parent died and passed the house to their child, the child gets to keep the artificially low assessment).

      This creates odd situations where there are two identical homes, right next to each other, both worth $1.5M but one person (who bought their house in 1978) is paying $1,000 a year in property taxes and their neighbor (who bought their house recently) is paying $12,000 a year in property taxes.

      --
      Why is there an "insightful" mod and why isn't it "-1"? If I wanted insight, I wouldn't be reading /.
    109. Re:Why stay? by fustakrakich · · Score: 1

      And that is why the better cities set controls on that kind of shit. Renters derive no benefit from the speculative market. They should not suffer the consequences of it either. A form of "squatters rights" are needed here. You have no right to displace anyone that isn't a nuisance or dangerous, and especially if they pay the rent on time.

      --
      “He’s not deformed, he’s just drunk!”
    110. Re:Why stay? by ScentCone · · Score: 1

      On the other hand, the right to life is a fundamental, human right - and that implies that everybody has a right to live somewhere, which contradicts your statement, I think.

      Nonsense. Do I have the right to move into your living room and set up camp? No? Why not?

      The "right to life" means that anybody who seeks to deprive you of your life has to answer for it. As in, the government can't simply kill you because you're expensive to feed. Or the local drug dealer can't kill you (without consequence) for interfering with his attempt to sell meth outside your front door. That's not the same as a right to a lifestyle that someone else has to buy for you. Because then you're forcing that OTHER person to give up part of their life to give you want you feel entitled to for breathing.

      --
      Don't disappoint your bird dog. Go to the range.
    111. Re:Why stay? by Prune · · Score: 1

      I'll take the class of old money over noveau riche hipster anytime.

      --
      "Politicians and diapers must be changed often, and for the same reason."
    112. Re:Why stay? by liquid_schwartz · · Score: 1

      So you're advocating two wrongs make a right? I fully agree that banks are a scam but unless you're ready for a revolution I don't think this will get far. As for the native Americans, are you pushing the noble savage theory? https://en.wikipedia.org/wiki/...

    113. Re:Why stay? by fustakrakich · · Score: 1

      The law is an ass, fickle, and capricious. Renters have all the same rights as anybody. The only problem is that nobody stands up, too inconvenient. The path of least resistance is to let it slide. Lucky you!

      --
      “He’s not deformed, he’s just drunk!”
    114. Re:Why stay? by Anonymous Coward · · Score: 0

      People who have made their lives in San Francisco, especially in the arts, have a right to stay where they are

      And that sentiment, right there, is what's wrong with this country.

      The sentiment is also damaging to the quality of art. What this person is saying is that in order to create their art, they need to reside in a safe, upscale, cosmopolitan neighborhood? That is absurd. The most profound art is born of tribulations, sorrows, and persevering against long odds. Write a play, novel, or whatever medium is preferred, about your exile from the holy land and exodus across the rocky mountains. I'm willing to bet it'll produce far better results than the posh, flavorless, forgettable junk that is being produced in your San Francisco art factory.

    115. Re:Why stay? by fustakrakich · · Score: 1

      I guess you didn't hear what has been happening over the last eight years.

      --
      “He’s not deformed, he’s just drunk!”
    116. Re:Why stay? by fustakrakich · · Score: 1

      And while you pay the rent you have the right to stay. Whether the law will protect you or not, the right still exists. But like all rights, without a gun to back them up, they are paper tigers.

      --
      “He’s not deformed, he’s just drunk!”
    117. Re:Why stay? by Fire_Wraith · · Score: 1

      The guy on Office Space was right, though. Have you ever tried letting the customers give requirements directly to the engineers? You're setting yourself up for a world of hurt. That sort of stuff absolutely needs translation.

    118. Re:Why stay? by Anonymous Coward · · Score: 2, Informative

      How very Republican of you.

      Considering you're talking about policies in some of the absolutely most LIBERAL places in America as somehow "Republican" in their thinking is *incredibly* humorous. San Francisco and New York - two of the cities in the world with the worst gentrification problems - are some of the most liberal places in America. And yet somehow, you've managed to blame evil Republicans for putting the hurt on those poor widdle poor people you wuv so much.

      The problem is a consequence of the policies put in place by LIBERAL governments. Don't bleat about how pure your motives and intentions are when you are actively supporting the liberals who put these policies in place.

      I'm sure that George Bush is also to blame for these policies, somehow.

      Asshole.

    119. Re:Why stay? by JustAnotherOldGuy · · Score: 1

      People who have made their lives in San Francisco, especially in the arts, have a right to stay where they are.

      Only in their dreams.

      It would be nice if that were true, but it's not.

      --
      Just cruising through this digital world at 33 1/3 rpm...
    120. Re:Why stay? by JustAnotherOldGuy · · Score: 1

      You can live somewhere. Just not in a $5000/month apartment in SF. It doesn't contradict anything. Moronic.

      Exactly. The fact is that economics often dictates where someone can live.

      I have no "right" to live in an area that I can't afford.

      Yes, I know some people are being forced out by the predatory pricing schemes that some landlords engage in, but that is reality. That's one of the downsides of a "free market"- some people will inevitably get priced out of things they want or need. I don't like it, but it is what it is.

      --
      Just cruising through this digital world at 33 1/3 rpm...
    121. Re:Why stay? by MooseTick · · Score: 1

      "The banks steal through foreclosure"

      Don't you have to stop paying a loan you promised to pay for a bank to take a property via foreclosure?

    122. Re:Why stay? by anegg · · Score: 5, Interesting

      One problem with advocating for various "rights" is that recognizing "rights" doesn't guarantee a fair or equitable outcome. As long as the conversation remains rooted in trying to declare various "rights" for everyone, you will probably end up with a system in which no completely fair or equitable outcome can be achieved.

      By way of example: 20 years ago I moved out of the southern California area to another part of the country so that I could afford to buy a house in a neighborhood in which I could raise a family. I ended up buying a lot in a very quiet, fairly secluded area, then had a house built. I started a family, and life in our quiet secluded neighborhood was good until about 5 years ago when my backyard neighbor sold his house to an individual who turned it into a drug and alcohol rehabilitation clinic. We asked how a business could be introduced to a residential neighborhood, and we were told he had the right to do so because it was a "group home," and the people he was treating had a right to live someplace. Ok, we shrugged and got on with our lives, although the noise from this property was much greater than when a family lived there. Then he bought another house that adjoined both our property and his original property, and added on to his business. Again, he "had the right" because he was helping people who needed help. When he bought the third house (that bordered our property) we decided to move. Not because of the "drug and alcohol" aspect, but because our neighborhood was no longer a neighborhood - we had upwards of 45 people a day driving in and out of our small street, 3 shifts of workers a day, all strangers. We were becoming surrounded by a very profitable business that acts nothing like a "home", which filled our small neighborhood with strangers.

      We had "rights", but the people who were being treated also had "rights" and the guy running the business had "rights". All well intended, I'm sure, but the outcome was not fair or equitable, at least as far as we are concerned. Our relocation was traumatic because it wasn't anything we had been prepared for and came at a very inconvenient time for our children's schooling. Balancing various needs resulted in a year-long split between two halves of my family living quite some distance apart, and has seriously hosed-up my completing an advanced degree, but we are now in what we believe to be a much better living situation.

      San Francisco and other communities that become overwhelmed by unbalanced economic forces will probably not solve their problems by focusing on "rights." The problems also won't be solved by pointing the finger at people of different political persuasions, either. The solutions will not come quickly, and individuals will need to make decisions for themselves with respect to how long they want to fight versus get on with their lives. And the outcomes won't be "fair and equitable" to everyone. That's life.

    123. Re:Why stay? by tnk1 · · Score: 1

      I will say this, though. There are two things to consider.

      Yes, SF can probably raise tax revenues to let people live in the city. That will probably have a bit of a chilling effect on the businesses there, but it could be done.

      However, it probably wouldn't have to have raised taxes as much if SF had allowed development in the first place. SF is trying to have their cake and eat it too. They want business and they want to keep development out. The reason for high prices is the tech business, sure, but it is also because SF has prevented sufficient development over time to to accommodate those growing numbers.

      It honestly sounds to me like many people in SF just want tech to go away so they can go back to the SF of the 70s and 80s. Since I don't live there, I really don't get a say in it, but from all I have read, there are people in SF on both sides who don't seem to want to share.

    124. Re:Why stay? by fiannaFailMan · · Score: 1

      Not for long. The NIMBY crowd is pretty vocal in the rest of the Bay Area too, and they've had some success at strangling housing supply. But you try explaining that to the numbskulls in the anti-growth movement.

      --
      Drill baby drill - on Mars
    125. Re:Why stay? by unixisc · · Score: 1

      I lived in the San Francisco Bay Area before and it's a real shithole (as is most of California). Why stay when there are so many better places to live?

      The above story - were they referring to the City & County of San Francisco, or were they referring to the Extended Bay Area - Santa Clara, San Mateo, Alameda and San Francisco counties?

      I agree with you about the city of San Francisco - ugly parking, horrible traffic, plenty of one-way streets as well as the city interrupting the 101 freeway. But I've lived in the other cities - Santa Clara, Sunnyvale & Milpitas. Not bad if one is w/o kids, but horribly expensive. What annoys me is so many tech companies insisting on being there, when there are so many other places both within and outside California

    126. Re:Why stay? by afgam28 · · Score: 1

      You're right that no one was a "right" to live wherever they want, but it still sucks to get kicked out of a city you've grown to like, and there's no reason why governments can't enact policies that would avoid putting so many people in such a shitty situation.

      The obvious one is increasing the housing supply to meet the demand, so that everyone who wants to live there can do so. There's plenty of space - San Francisco is only half as dense as Brooklyn, for example. Unfortunately right now, the number of approved units for construction in San Francisco exactly matches projected growth, which means that prices are likely to remain high for a long time.

      Another problem is the lack of a good public transit system, which would let people live just a bit farther out. Then, those people who are priced out could move somewhere cheaper but still have access to the city. New York is a good example; those who were priced out of Manhattan were able to move out to other boroughs like Brooklyn and catch the subway in (or enjoy the neighborhoods in Brooklyn).

      Too bad that the City of San Francisco, and its neighbors in the Bay Area, have shown no interest in pursuing either of these solutions. The tech scapegoating doesn't really help either.

    127. Re:Why stay? by BarbaraHudson · · Score: 0

      I'm a damn mathematician you ignorant fucktard but I've got more culture in my fucking dick than you've every seen.

      It's not culture, it's smegma. Now quick, go get the smeg hammer and start cleaning up your dick "culture," smeghead. :-)

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    128. Re:Why stay? by BarbaraHudson · · Score: 1

      It's not a privilege, it's a limited right, as defined by the lease contract and local laws. A privilege can be arbitrarily revoked, not a limited right, which can be revoked only for cause.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    129. Re:Why stay? by Anonymous Coward · · Score: 0

      No, dude! That's the special Kool-Aid!

    130. Re:Why stay? by unixisc · · Score: 1

      Actually, it balances out. If one is w/o a car and has a workplace in San Francisco, one would need to either live within the city, or anywhere b/w Millbrae and Fremont - along the BART or Muni lines. If one chooses to lower one's rent by living, say, in Pleasanton or San Jose or Concord, one would have to buy a car and spend hundreds in gas weekly just commuting. So when you add up everything, it's pretty expensive to live anywhere in the extended Bay Area - now talking about anything from San Francisco to Tracy, and Albany to Monterrey.

      Given how telecommuting and virtual work can enable people, it would help a lot if tech workers were more distributed throughout the country - be it in Dallas, Denver, Atlanta, Charlotte, St Louis, et al rather than try and cram everybody within the Bay Area. Within California itself, they could put people in places like Riverside, San Bernardino, Sacramento, Fresno and a few other cities

    131. Re:Why stay? by chipschap · · Score: 3, Informative

      The translation of SJW is: "Anyone who doesn't agree with me".

      ''

      Actually I thought that was the SJW's definition of a bigot, racist, etc.

    132. Re:Why stay? by Anonymous Coward · · Score: 0

      "Big Government Crone Capitalism"

      Hey, I like Bernie and all, but to be fair, Hillary isn't that fat.

    133. Re:Why stay? by BarbaraHudson · · Score: 1

      During the foreclosure crisis, banks were issuing tons of forged documents.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    134. Re:Why stay? by Bob+the+Super+Hamste · · Score: 1

      That is why I end up telling recruiters and HR people from the Bay Area and silicon valley to basically piss off. They have what they consider to be a very generous offer and tell them they couldn't pay me enough as I'm not decreasing my quality of life. I then tell them that I was to live in the best or second best school district in the state, in a 1900 sq. ft. house on a 1/2 acre plot that backs up to a wooded park that is within a 45 minute commute of work and within a 2 hour drive of a multi acre lake lot that has over 200 feet of shore line and abuts over a square mile of public land open to hunting, hiking, and ATVs. The main residence must be paid off within 10 years and the recreational lake property is owned outright. I also let them know I would need to be able to afford to save 30% of my income after paying for everything else. I then ask if they can pay me enough to afford that and just maintain my current quality of life and so far none have said that they could meet those requirements. I tell the same thing to people out on the east coast as well and get similar responses. The benefits of being well paid in a lower cost state that isn't broken like CA.

      --
      Time to offend someone
    135. Re:Why stay? by Anonymous Coward · · Score: 0

      It helps to resolve the inconsistency when you realize that 'property tax' is just a euphemism for rent. The only real owner around is the government, everyone else rents through one means or another.

    136. Re:Why stay? by fluffernutter · · Score: 1

      So you rolled over and you expect others to do the same without complaining about it?

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    137. Re:Why stay? by Areyoukiddingme · · Score: 2

      SJW

      DRINK!

      Are you trying to kill off the Slashdot readership? That drinking game is a one way trip to alcohol poisoning.

    138. Re:Why stay? by fluffernutter · · Score: 1

      I think it is a major failing of companies that they don't focus on the quality of life that their employees have. So they dangle a largish salary and get get the types of people who will sacrifice any other aspect of quality of life to get it. Well it's no wonder they have trouble retaining employees; those same people leave as soon as someone dangles a slightly more largish salary.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    139. Re:Why stay? by fluffernutter · · Score: 1

      I think it's more about people wanting their paychecks to actually afford them the life they want. What is the point of having a large salary if there is no way you can afford the kind of living you want with it?

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    140. Re:Why stay? by Anonymous Coward · · Score: 0

      Both leases and fee simple ownership are limited rights. Both are property. And both are somewhat arbitrarily regulated by the government.

    141. Re:Why stay? by liquidsin · · Score: 1

      It happens in depressed areas too for similar reasons. I had to move away from friends and family in southern Ontario (Canada) when the economy was circling the drain. It wasn't that the area got too expensive, it was that even with as inexpensive as it was, you still needed some form of employment and the only things around were minimum-wage service-industry jobs, which just isn't my cup of tea. While I would have liked to stay, sometimes you've got to go where the money is, whether that means higher paying jobs or lower cost of living.

      --
      do not read this line twice.
    142. Re:Why stay? by Anonymous Coward · · Score: 0

      I think if I came to where you and your family lived, knocked on the door and said to be out in 30 or 60 days and you couldn't afford to stay in the area near family, near friends, near schools your kids went to, near jobs that supported your family. I don't think you would just shrug and say well no one has a "right" to live anywhere.

      It happens every day everywhere in this country, probably all over the world. "Sorry, corporate is closing the plant that employs the entire town." "We're tearing down your apartment building to build a parking garage." "You haven't paid your property taxes in a decade, so we're seizing your property and auctioning it off." "Colonel, you've been reassigned to the other side of the country." Nothing guarantees you the right to always be able to live near family and friends, to always keep your kids in the same schools until graduation, or to live near a job that "supports your family" without paying enough to be able to, um, support your family. You are legally guaranteed the opportunity to receive fair consideration for a job and for housing, but that's it. You don't get a discount on housing or a new job just to reduce disruptive social tensions. That's not a thing.

    143. Re:Why stay? by Hylandr · · Score: 1

      Liberal tears detected.

      --
      ~ People that think they are better than anyone else for any reason are the cause of all the strife in the world.
    144. Re:Why stay? by bigpat · · Score: 1

      reduce the kinds of societal tensions that can really be disruptive and destructive to people's lives

      All sorts of disruptive and destructive things are tolerated every day; hundreds of H1-Bs displace citizens from their livelyhoods, small midwest communities are expected to absorb Syrian immigrants into their schools and hospitals without complaint, property owners in border states live in fear of smugglers unimpeded handcuffed border patrol... Funny how we only indulge this "societal tension" language when it's comfy SF gentry being disrupted. In all other cases it's `racism' and/or `intolerance.'

      Most people do actually agree there need to be limits on legal immigration because there is a limit on how many people can come here and be assimilated. It has just become politically incorrect among a vocal minority of liberal and press elites to agree to any limits on immigration. Limits on immigration are the law of the land because rightly people understood that with unbridled immigration you would have societal disruption, discord and even violence.

    145. Re:Why stay? by Anonymous Coward · · Score: 0

      Seattle's politics lean famously to the left compared to the U.S. as a whole. In this regard, it sits with a small set of similar U.S. cities (such as Madison, Wisconsin, Berkeley, California, and Cambridge and Boston in Massachusetts) where the dominant politics tend to range from center-left to social democratic. Seattle politics are generally dominated by the liberal wing (in the U.S. sense of the word "liberal") of the Democratic Party; in some local elections, Greens (and even, on at least one occasion, a member of the Freedom Socialist Party) have fared better than Republicans. There exist pockets of conservatism, especially in the north and in affluent neighborhoods such as Broadmoor, as well as scattered libertarians, but for the most part Seattle is a safely Democratic city, as exemplified by Congressman Jim McDermott, who represents the Seventh Congressional District of Washington, made up of most of Seattle and also including semi-rural Vashon Island. McDermott has been reelected to his seat in every election since 1988, when he replaced fellow liberal Democrat Mike Lowry, who had held the seat since 1979.

      Yep, those evil Republicans clearly are the ones destroying Seattle. Seattle is "famously" left-leaning, except, apparently, its entire government is controlled by a Republican cabal, because "famously" left-leaning Seattle natives are too fucking lazy to go vote?

      Spare us, please.

    146. Re:Why stay? by Anonymous Coward · · Score: 0

      Bill Gates might be upset that you think he is a Republican. When was the last time a Republicans was even elected to the city counsel in Seattle? Here is the current makeup:

      Lisa Herbold Democratic
      Bruce Harrell, Democratic
      Kshama Sawant Socialist Alternative
      Rob Johnson Democratic
      Debora Juarez Democratic
      Mike O'Brien Democratic
      Sally Bagshaw Democratic
      Tim Burgess, Democratic
      Lorena González Democratic

    147. Re:Why stay? by rvw14 · · Score: 1

      How many members of the Seattle City Counsel are Republicans? (hint: the answer is 0)

    148. Re:Why stay? by Anonymous Coward · · Score: 0

      Agreed. I choose to live in northern California, away from San Francisco and Sacramento. Yes, I am giving up a much larger salary, but my quality of life is so much better. 10 minute commute, check. House with a yard, check. Hiking and biking trailhead just down the street, check. Being able to be on the lake 10 minutes after work, check.

    149. Re:Why stay? by Anonymous Coward · · Score: 0

      I've got more culture in my fucking dick

      You should probably see a doctor about that; they can prescribe antibiotics...

    150. Re:Why stay? by Anonymous Coward · · Score: 0

      And when your yearly property tax becomes more than you initially paid for the property?

    151. Re:Why stay? by mikael · · Score: 1

      That won't happen. Usually all government workers are on a standardized payscale. If the teachers get a payrise, then the police department, fire department will get payrises too. But the big companies will give their workers even larger pay rises and you are back to where you started. The shortage of housing will usually end up with the result of family homes being converted into apartments, making the housing situation even worse.

      --
      Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
    152. Re:Why stay? by dlt074 · · Score: 1

      woah!
      look friend, you need to stop using facts and common sense around here. remember, banks are evil. because feelings and stuff.

    153. Re:Why stay? by Anonymous Coward · · Score: 0

      Did you buy into the underdeveloped area when prices were low? Did your peers cash out as soon as the area became more desirable? If the hipster art community which made a crappy area into a desirable one owns the buildings, how are they driven out?

      Give it 10-20 years when the financiers move in and kick out all of the lowly engineers working in tech. The same crowd will be on Slashdot, this time screaming bloody murder.

    154. Re:Why stay? by Anonymous Coward · · Score: 0

      You must live in a state with property tax. Some of us do not.

    155. Re:Why stay? by MobileTatsu-NJG · · Score: 1

      Oh look another SJW. Bla blahblah. Blahbla'h bla bl blahblah? Bla bla bl blahblah. B bla'h blah bla bla bla'h blah bla bl blahb blahblahb.

      I can't wait until this fad passes.

      --

      "I like to lick butts!" by MobileTatsu-NJG (#32700246) (Score:5, Informative)

    156. Re:Why stay? by MobileTatsu-NJG · · Score: 1

      The translation of SJW is: "Anyone who doesn't agree with me", "Any woman who won't sleep with me (see: all women)" and "People who I just feel I don't like at the moment".

      I don't get why this was modded down. When asked what an SJW is you'll get an answer that describes a very specific set of circumstances, but the term itself is thrown around exactly as the AC posted.

      --

      "I like to lick butts!" by MobileTatsu-NJG (#32700246) (Score:5, Informative)

    157. Re:Why stay? by Gazzonyx · · Score: 1

      I'll take the class of old money over noveau riche hipster anytime.

      I generally agree with the sentiment; but in my experience noveau riche has a really high turnover rate and sticks out like a sore thumb. Smart money finds a comfortable community below their means (however large their means may be) and keeps a generally low profile while the outrageous slobs burn it all to impress people they don't even enjoy. You kind of have to admire the show from a distance in some weird way.

      If the hipsters emulated the old money they'd be able to become the old money that they rail against while not-so-secretly holding a jealous grudge. It's a beautiful disease in action. Problem is, as I alluded to, there's an endless supply of new money with no class.

      For my own part, at 31 I've been miserably broke, reasonably well off, and most points in between. Money comes and goes and isn't more than a means to an end. I hope to do well and retire comfortably, but I could think of many ways I could end up broke and happy in the end. I try to do the things that lead to a more reasonable outcome though. ;)

      --

      If I mod you up, it doesn't necessarily mean I agree with what you've said, sorry.

    158. Re:Why stay? by 110010001000 · · Score: 1

      I love how you just say "It's called citizenship" and think that makes what you said is valid. You are nonsensical. Citizenship has nothing to do with anything we are talking about.

    159. Re:Why stay? by Anonymous Coward · · Score: 0

      Too much logic in your comment. /sarcasm

    160. Re:Why stay? by 110010001000 · · Score: 1

      The OWNER has the right to kick you out, depending on local laws and reasons for doing so. Renters don't have the right to stay in those cases. Keep on smoking, it is helping your thought process.

    161. Re:Why stay? by 110010001000 · · Score: 1

      Unless the OWNER decides to sell the property. Or decides he doesn't want renters. You are nuts.

    162. Re:Why stay? by 110010001000 · · Score: 1

      Well thats nice for her. But I am don't consider anyone making 120k, 103k or 58.4k to be "starving". Get a grip on reality.

    163. Re:Why stay? by 110010001000 · · Score: 1

      I don't know any city in America which is run by Republicans. Sorry. Certainly not Seatlle. All Democrats. You must be the one who always claims "Internet in Seattle is slow". Get a grip.

    164. Re:Why stay? by ooloorie · · Score: 1

      Sure, if you want to look stupid and irresponsible, go ahead and whine and complain all you like. Just don't expect any help, and be prepared for the fact that you are increasingly pissing off both investors and voters.

    165. Re:Why stay? by 110010001000 · · Score: 1

      The DC bubble is still going on. I didn't say it was a good thing. I just said that is life. Get a grip on reality people.

    166. Re:Why stay? by 110010001000 · · Score: 1

      Yes in rare circumstances. Get a grip. This isn't relevant to anything going on in SF today.

    167. Re:Why stay? by 110010001000 · · Score: 1

      Very rare. Irrelevant. Nothing to do with SF in 2016.

    168. Re:Why stay? by neoRUR · · Score: 1

      Just come on down to Sunny LA, there are plenty of open Beaches here!

    169. Re:Why stay? by Anonymous Coward · · Score: 0

      What the fuck are you talking about?

      If you have a leasehold interest in the property, you have the right to possess and occupy the property as long as you abide by the terms of the lease. Period. There are no "privileges". No one says IANAL, but fuck man - this is basic knowledge one should have if one is going to live as an adult.

      Let me guess, you have a 30 year mortgage on your house and you think you own it, right? The bank gives you the privilege of living there?

    170. Re:Why stay? by 110010001000 · · Score: 1

      It was modded down because it is wrong. A SJW is a term to describe clueless people who fight for social justice. Usually upper middle class suburban whites with no concept of living in the real world.

    171. Re:Why stay? by fustakrakich · · Score: 1

      The OWNER is indeterminate, only defined by the power of the gun. An agreement with the thief doesn't make it any less so. We live by agreement and consensus, but that has to include everybody, the landed and landless alike. That is what makes a peaceful sleep every night possible. We should not allow any power of one over the other.

      --
      “He’s not deformed, he’s just drunk!”
    172. Re:Why stay? by fustakrakich · · Score: 1

      Very rare.

      Uh huh... eh, no problem then. It's all good. Nice cop out man..

      --
      “He’s not deformed, he’s just drunk!”
    173. Re:Why stay? by Gazzonyx · · Score: 1

      I've found the "phrase that pays" for the valley recruiters from fortune 50 companies that place entirely too much value on the things that I don't hold in nearly the same regard as they do; I just reply to their emails these days with (and this is all 100% true), "I have ADD and I cannot focus or do my best work in a noisy environment; I have a second bedroom that's a home office and tailored to my work style and, most importantly, is very quiet and void of distractions. I usually work from home 4 days a week, but have no opposition to my half hour commute to the office when needed, but my number one requirement for writing quality software is a quiet environment to do it from and that's non-negotiable."

      Facebook actually replied to an email saying more or less that with, "so, how much do you want?" I didn't bother replying, but the fact that their value system and mine are so vastly different means that I'd never be a good cultural fit. Ditto Amazon, and to a lesser degree Microsoft. Google was reasonable, but I bombed the second interview (my top 3 locations only included the LA area since my sister and her family were living there at the time, Sydney and Dublin were my other two choices). Funny thing is, I don't think any of them could tear me away from the multiple things I absolutely love about my Minneapolis job and location with any amount of money that would be just short of me accepting to pimp myself out against my own desires. And even making half what they're offering out in the midwest when adjusted for cost of living is still a better value proposition before I add on the things that really matter to me.

      --

      If I mod you up, it doesn't necessarily mean I agree with what you've said, sorry.

    174. Re:Why stay? by MobileTatsu-NJG · · Score: 1

      A SJW is a term to describe clueless people who fight for social justice. Usually upper middle class suburban whites with no concept of living in the real world.

      Heh. Yeah. The reason you put the word 'clueless' in there is so you can justify calling anybody that the moment you're starting to lose an argument. "He disagrees with me, not because he's better educated on the topic, but because he's clueless!"

      --

      "I like to lick butts!" by MobileTatsu-NJG (#32700246) (Score:5, Informative)

    175. Re:Why stay? by david_thornley · · Score: 1

      People in the arts are usually underpaid for the work they do and the amount of good they do. They are, as a group, entitled to some extra respect.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    176. Re:Why stay? by 110010001000 · · Score: 1

      No, there are valid people who fight for TRUE social justice. SJW's don't describe those people. SJWs are people like yourself who probably live in the suburbs and have never lived in a place where there is a struggle for true social justice.

    177. Re:Why stay? by 110010001000 · · Score: 1

      SJW is a pejorative. It is not a description of people who truly fight for social justice. You don't even know those people. They don't live in the suburbs with you.

    178. Re:Why stay? by 110010001000 · · Score: 1

      Not a cop out. You keep moving the goalposts and drivel on about things that happen 0.0001% of the cases. Nothing to do with SF.

    179. Re:Why stay? by 110010001000 · · Score: 1

      Social justice isn't a fad. You don't even know what social justice is.

    180. Re:Why stay? by MobileTatsu-NJG · · Score: 1

      SJWs are people like yourself who probably live in the suburbs and have never lived in a place where there is a struggle for true social justice./quote.

      Thank you for proving my point.

      --

      "I like to lick butts!" by MobileTatsu-NJG (#32700246) (Score:5, Informative)

    181. Re:Why stay? by 110010001000 · · Score: 1

      Let me guess: I am right? You live in the suburbs. Typical BS from someone who has never lived.

    182. Re:Why stay? by Anonymous Coward · · Score: 0

      The City Counsel would hopefully be non-partisan, like the City Council.

    183. Re:Why stay? by 110010001000 · · Score: 1

      Oh I see. You are one of those "anarchists". In reality you are a pudgy suburban white kid who would freak out if he had to go into a city.

    184. Re:Why stay? by MobileTatsu-NJG · · Score: 1

      Let me guess: I am right? You live in the suburbs.

      Nope.

      --

      "I like to lick butts!" by MobileTatsu-NJG (#32700246) (Score:5, Informative)

    185. Re:Why stay? by Anonymous Coward · · Score: 0

      Nothing wrong with vagrancy.

      Check your privilege bro.

    186. Re:Why stay? by AmazingRuss · · Score: 1

      He respected the property rights of others, instead of trying to get the government to force them to devalue their property.

    187. Re:Why stay? by boristdog · · Score: 1

      And when your lease runs out do you wave your gun, demand to stay and ask for more snacks?

    188. Re:Why stay? by HornWumpus · · Score: 1

      That has to be something stronger than pot. PCP?

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    189. Re:Why stay? by HornWumpus · · Score: 1

      The quickest way to get evicted is to bring a gun into the discussion. TRO the next day, requiring you to stay 200 meters away from the landlord and his property.

      That's assuming the landlord doesn't just shoot you.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    190. Re:Why stay? by fustakrakich · · Score: 1

      The city (via the voters) has the right to decide how the land is used.

      --
      “He’s not deformed, he’s just drunk!”
    191. Re:Why stay? by fustakrakich · · Score: 1

      Actually, after living in the city for many years, very pleasantly, I might add, I now live in my very own bought and paid for house, but thanks for playing.

      --
      “He’s not deformed, he’s just drunk!”
    192. Re:Why stay? by fustakrakich · · Score: 1

      Yep, everybody's a statistic....

      --
      “He’s not deformed, he’s just drunk!”
    193. Re:Why stay? by HornWumpus · · Score: 1

      There is no accounting for taste.

      Back in the 80s 3M hired 100 engineers from CA and tracked them. At the end of the second winter, they had one left, he was from the tundra to begin with.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    194. Re:Why stay? by HornWumpus · · Score: 1

      Stop it, I'm laughing so hard the dog is looking at me funny.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    195. Re:Why stay? by Gazzonyx · · Score: 1

      I ironically just finished my second winter here. I think this is where I'm going to be buried. Hopefully a long time from now, already dead, and not under snow.

      Granted, it's an acquired taste and I'm still young enough that the cold doesn't bother me as much, but the summer out here more than makes up for a month where it's legit 35 below 0 (which scale? One, then the other.). I also have the incredible luxury of working from home and underground parking, so the deck might currently be stacked in Minnesota's favor.

      --

      If I mod you up, it doesn't necessarily mean I agree with what you've said, sorry.

    196. Re:Why stay? by KGIII · · Score: 1

      I am thinking life, with its many twists and turns, is going to bring some surprises to a few people in this thread. I really have no idea what would make people think some of the things they think - or believe certain things to be true.

      --
      "So long and thanks for all the fish."
    197. Re:Why stay? by evilviper · · Score: 1

      They'll vote for Bernie, and more "Big Government" to fight the "Big Government Crone Capitalism" not realizing that Big Government is actually the problem.

      Things that Bernie Sanders has said he'd do, like reducing the number of H1-B visa, increasing the minimum wage, etc., etc., is not Big Government, nor "the problem".

      Meanwhile, the "small government" Republicans, who've vowed to reject all immigration reform, will actually do a ton of harm... keeping millions of people in legal limbo, forcing them to take jobs under-the table with below-market wages, keeping all other wages artifically depressed.

      Incidentally, would you care to name the last president who campaigned on reducing the size of government, and actually did it? Nope, not Regan, the military expansion outstripped all his cuts... In fact going as far back as Thomas Jefferson, they've ALL been proven liars upon being elected. They all decide to expand the government, once they're in charge of it.

      --
      Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
    198. Re:Why stay? by KGIII · · Score: 1

      Off-topic: About the link in your signature, thanks. That'll keep me amused for hours and I'll learn a lot of new things.

      Everyone else may now return to your regularly scheduled Friday activities.

      --
      "So long and thanks for all the fish."
    199. Re:Why stay? by lymond01 · · Score: 1

      I'm kind of on the side of the GP: "I think you need to distinguish between an idealized free market system and a free market system with some controls and moderation that actually works to reduce the kinds of societal tensions that can really be disruptive and destructive to people's lives."

      This is kind of important and kind of what civilization is bringing us to. The combination of the free market and the laws that favor ownership is a bit barbaric for a country that is flush with money. It caters to the wealthy and actively keeps other down, so long as everyone plays by the rules that favor the rich. It's like a game where the more times you win, the stronger you get, and the weaker your opponent gets. Those are dumb rules, but it seems to be the rules we're currently playing by.

      The idea of the 99% movement was to say you can't have it both ways. You can't be rich, however you got there, and then actively try to keep other people from getting rich too. That's only "competition" when the rules aren't skewed in the wealthy people's favor. Don't get me wrong...they've ALWAYS been skewed in that direction. I think it's time to change that. The wealthy live on the backs of the poor and middle class: it's a simple task to say: "Anyone making over $200,000 per year will pay 30% in federal taxes, which will go towards education, infrastructure, and pretty much anything but the military which has enough money. Sales of stock and funds included."

      Executives will be more willing to spread the wealth to their employees. Minimum wages might rise on their own, but they'll also be capped on their own which should serve to keep the prices of goods at a reasonable level. SF is expensive because the salaries they pay are so high. Cap the salaries, prices should come down. /off soapbox //definitely voting for Bernie in the primary

    200. Re:Why stay? by Anonymous Coward · · Score: 0

      Artificial and natural (with or without scare quotes) are weasel words, just like they are when discussing food, chemicals, etc.

      There's no avoiding the laws of supply & demand, but the dynamics don't always work the way you think they do. There's no avoiding gravity, either, but that doesn't mean airplanes don't exist or that they're intrinsically less useful than cars or ships.

      First, normative preferences matter a great deal, whether or not you're even aware of them. Second, often times by diminishing one market you're benefiting another market, intentionally or unintentionally. A characteristic like Pareto optimality (where you improve somebody's wealth without diminishing anybody else's) is neither necessary nor a sufficient method of maximizing wealth--either for individuals or the group. Third, sometimes in order to move out of a suboptimal equilibrium state, you need to make some moves which by themselves seem very suboptimal. This happens at least as often by accident as it does by design, but it's something to think about.

      For all those reasons and more, pretending that economics provides simple answers is not a very good idea. It can't provide meaningful answers anymore than mathematics or physics can. Those things only provide frameworks for making decisions, and constraints on what's possible. But how they do that isn't always (or even often) intuitive.

    201. Re:Why stay? by Anonymous Coward · · Score: 0

      I mostly agree with what you said, but I'd like to point out that San Francisco has some of the strongest rent control laws in the country. That means dislocation is extremely rare, no matter how high rents become. In fact, everybody in San Francisco knows that the problem isn't dislocation, but the inability to move at all. Once you lock in your rent, you know you're safe _unless_ you _choose_ to move.

      Eviction is difficult and rare. Ellis Act evictions are rarer and very expensive, despite a few high-profile examples--most of which happened before laws which made it even more expensive. I know because I once looked into the practicality of Ellis Act evictions when I wanted to buy a multi-story property. I quickly realized exactly why the 3-story building downtown was so cheap--it'd cost almost as much money to move the existing residents as it would to buy the building.

      Worrying about teachers and fireman is like saying "think of the children". In actuality, the situation is far more complex than people make it out to be. The existing teachers and firemen are safe living exactly where they are. It's the new ones that might have a problem moving in. But remember that rent control acts like a tax on the young and a wealth transfer to the old. Younger people can more easily bare the burden of high rents--as they mature the rent burden will decrease relative to the wages, even if they advance their career. People like to point out the market inefficiencies rent control causes, but never pay any attention to the market efficiencies they provide--stable expectations, low turnover (not just in the building, but in the community), etc. To understand the best policy options, you have to understand all of the effects.

    202. Re:Why stay? by Anonymous Coward · · Score: 0

      You may have an eight minute commute now, but what happens when you get fired? This isn't the 1950s. Labor markets are much more dynamic, especially at the high-end. Unless you're comfortable with working at Wal-Mart as your fallback plan, in many industries it's prudent to move to a city if you want to save money.

      Despite the higher rents, on average even in San Francisco you can still put more money away into savings living in the city than elsewhere. Just because kids blow their money on the bar scene and other things doesn't mean they couldn't save more than they do.

      Your arguments are a false economy. Similar to a 20-year-old arguing they don't need expensive health care. You're only looking at your situation without heeding the larger trends. The trend is having to change jobs, even careers, much more frequently. The trend is both companies and employee moving more often in their lifetimes, despite the fact that Americans are already one of the most mobile populations in the world.

      I would _prefer_ a backyard and the ability for my kid to wander the woods all day like I could when I grew up. But I also grew up poor. I remember the poor job prospects my parents had, and still have. By the time my kid turns 18, the median cost of tuition at a 4-year state university is going to be over $250k. Almost $500k for private universities. Those costs, and similar costs, aren't cheaper just because you live in the suburbs or a rural area and pay cheaper rent. (And FWIW, in my experience food--both product and restaurants--is more affordable in SF than elsewhere. Restaurants of comparable quality are cheaper here than in rural Alabama. And fresh product in California is both abundant and ridiculously cheap, especially if you buy older produce, which is what the rest of America gets anyhow.)

      The free market is terrifying, for better or worse. The only way you could ever feel financially secure in suburbia is by big government stifling the free flow of capital and labor. I assume you vote Republican, as Republicans seem uniquely oblivious to internal contradictions in their world view.

    203. Re:Why stay? by Oligonicella · · Score: 1

      And what is this fabled "amount of good they do"? I write, sculpt and paint - therefore am entitled to "extra respect". Bull.

    204. Re:Why stay? by Anonymous Coward · · Score: 0

      But the fundamental problem here, as far as I can tell, is that SF's government appears to have discouraged building new housing, and been depending on mechanisms like rent controls which have KNOWN serious problems.

      Building new housing has known serious problems. You can pretend infrastructure and planning doesn't matter, but it does, and it causes lots of effects, some predictable, some manageable, and some not.

      You can spend all day venting furiously about what San Franciscans have chosen to do, but if they chose otherwise, they'd still have consequences to deal with, perhaps worse ones.

    205. Re:Why stay? by Darinbob · · Score: 1

      And I have also seen the industry in San Francisco and it is not "tech", only tech wannabes and tech users. Twitter and Uber are NOT technology companies.

      I've hard people say "It's nice to be around so many museums and culture". Then I ask them when the last time they went to a museum and then they look a bit embarrassed. You can live in San Jose, 50 miles away, and still go visit the museums in San Francisco on the weekend. People who live in San Francisco but work elsewhere are always whining about how horrible their commutes are, how expensive their rents are, and so forth. (though the one person I know who lives here has a wife who earns the most money in the family so he lives where she wants to live)

      They're basically all elitist snobs. Even the poor ones! The poor residents have actually gotten upset in the past when street sweepers show up because they think that clean streets are an impending sign of gentrification. San Francisco is basically a very small town in area that acts like it is the only place in the universe.

    206. Re:Why stay? by Darinbob · · Score: 1

      They have medical creams that should clear that culture up for you and stop the burning sensation.

    207. Re:Why stay? by Darinbob · · Score: 1

      Can't, doctor said that if I keep playing the Slashdot drinking game I'll have no liver left.

    208. Re:Why stay? by Darinbob · · Score: 1

      That same jerk would probably say that it's ok if someone gets evicted in San Jose because it's jut a suburb. San Francisco people are amazingly parochial, second only to Manhattanites. They only care about keeping artists in San Francisco because no other locale even exists in their minds; they think that if an artist leaves the city that the artist ceases to exist. I do think that gentrification is not a good thing, but I am also so sick and tired of the elistism coming out of that stupid town.

    209. Re:Why stay? by Anonymous Coward · · Score: 0

      You can't be racist against a predominately white industry. Or so I'm told. Only white people are racist. The men most of all.

    210. Re:Why stay? by Darinbob · · Score: 1

      But those prices are still less than inside SF. And they're closer to the jobs.

    211. Re:Why stay? by Darinbob · · Score: 1

      San Francisco doens't have much industry left. There's still a financial sector, and a few wannabe tech companies making idiotic apps, but not much else. Head down to San Jose, Santa Clara, Mountain View, etc, and there are more jobs. In fact, Google is getting bitched at for finding a more efficient way to transport San Francisco residents from their expensive homes to their high paying jobs 50 miles away. It would make economic and practical sense to have those workers living closer to where they work. At least in Manhattan you have some practical and economic ways to commute into the city where many jobs exist, but we've got the opposite situation here as there is a lot of commute leaving the urban core to go outwards to the jobs.

      Yes, distributing people aruond the state would be good. And outside the state too, let's not be parochial here. But there seem to be people preferring to live in San Francisco who refuse to live anywhere else which is why they put up with insane housing costs and insane commutes even though it hurts them in the long run.

      I understand the frustration. The few people who were actually born in the city are seeing an influx of hipsters preferring to live in their city and make their lives miserable. But I don't know how you convince the newcomers that San Jose or Milpitas might be a nice place to live.

    212. Re:Why stay? by Darinbob · · Score: 1

      But if you go to most places in the country, people own their homes and can't be easily evicted. Whereas housing is so extremely expensive in San Francisco compared to everywhere else nearby (this was true even back in the 80s) so they have to rent. And they're also not living near their jobs, there are many people in San Francisco who commute through three counties to get to their jobs. So being evicted might actually save them lots of time and money, though it might be slightly more difficult to find their favorite brand of coffee.

    213. Re:Why stay? by Darinbob · · Score: 1

      All the land was originally stolen. Well, ok, some people will say it wasn't stolen because the native Americans didn't have a system of laws that could kick out the squatters. The people taking it didn't consider the natives to be full human beings worthy of having rights, so they wouldn't have cared anyway. In the case of California, all that land was taken away from Mexico as spoils of a war venture (though many larger landowners kept their lands that they had stolen earlier). Then the government parcels it out to citizens. Of course, after a hundred years or so you can't just leave and give the stolen property back, too much time has passed and too many new generations. So practically speaking we may as well say that the property is owned. But there is no innate right to that land ownership if it was originally acquired through theft; if you disagree be prepared to show evidence of native American ancestry.

    214. Re:Why stay? by Darinbob · · Score: 1

      No, it's not native savage. It's about the native residents who were pushed off the land or killed in order to acquire the land by others. Spoils of war. Sometimes by the newly arriving government, other times by squatters who later had their occupied land legitimized by the newly arriving government.

      It's a bit trickier in California as the the US did grant some rights to the earlier Mexican landowners which can result in the occasional surprise in during title searches. But those Mexican landowners also stole the land originally. Possibly in the past some native American groups took the land from other native American groups, and so forth back through prehistory. Utlimately though all the land was taken from others, so standing up today and claiming "it's *mine*" is true only so far as the current government is willing to back up your claim with force. Speaking about the "rights" to the land is pretty much a fiction we tell ourselves, as these rights exist again only so far as the current government in power is willing to grant them and able to enforce them.

    215. Re:Why stay? by Anonymous Coward · · Score: 0

      subject to the law.

      well perhaps some changes are needed to reign-in the greedy-as-fuck landlords.

    216. Re:Why stay? by tigersha · · Score: 1

      I live in Germany, right on the Swiss border (my wife works there) and I can assure you the Swiss Confederation is not a socialist state. The Germans tend to they they are pretty right-wing over there.

      The pay is much better for any job you do, have to admit.

      --
      The dangers of excessive individualism are nothing compared to the oppressiveness of excessive collectivism
    217. Re:Why stay? by drinkypoo · · Score: 1

      Nothing wrong with vagrancy.
      Check your privilege bro.

      If you want to rail against the BLM, state parks management, etc. making it effectively impossible to be vagrant on our public lands, you will find many supporters. If you want to rail against people being expected to pay to live in SF, you're going to have a much harder time finding them.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    218. Re:Why stay? by drinkypoo · · Score: 1

      It isn't "your home" is you rent it.

      If you're a renter, then your rental is the only home you have. It's a precarious existence and it's not easy for everyone to just pack up and move to something else. If our society doesn't protect renters, then it will have to deal with the fallout that results from failing to do so. As a result, we generally do choose to extend at least some protection to renters. In California, the most populous state and one with some of the highest property values (and the one we're talking about right now) you can't kick someone out of a rental just because you want to. You have to be making improvements which prohibit them living in the unit, and even then, they have to necessarily take a substantial period of time before you can simply be expected to lodge them elsewhere. Or, you have to be moving into it yourself, or a family member has to be moving in — Ellis act aside, although in San Francisco you at least get paid severance.

      I understand the argument that it's your property, you own it, and you should have a right to do as you want with it. But equally, or even moreso, you can't just be kicking people out because it's convenient for you. Their inconvenience is society's inconvenience, and a little bit of inconvenience for you is going to save everyone else a lot of trouble. If you don't like it, don't go into the property rental business. Someone more scrupulous and less willing to shit on others is welcome to do so. If you therefore find yourself in possession of property which you find unprofitable because you cannot shit on people, you are welcome to sell it to someone who can make money while behaving like a human being.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    219. Re:Why stay? by mrclevesque · · Score: 1

      "That same jerk would probably say that it's ok if someone gets evicted in San Jose because it's jut a suburb"

      All I can say is that everybody's allowed an opinion.

    220. Re:Why stay? by Anonymous Coward · · Score: 0

      I think it's really sad when we make economic arguments that ignore the human consequences.

      An unencumbered market is a really good machine for creating economically efficient land use. It's also really good at chewing up the downtrodden and poor.

      What kind of culture do we want to live in?

    221. Re:Why stay? by Lord+Flipper · · Score: 2

      My god you're one isolated ignorant motherfucker aren't you? Every time I see some slack jawed comment on here, assuming it isn't from the blatant misogynist crowd, it's from you. Read something besides PC world or whatever the fuck you jack off to. There's a whole world of infinite complexity and humans as the most complex thing in the universe can't be reduced to the specs of the next whizz-bang Apple iShiny. Get some fucking education.

      Why is this modded as flamebait? I was born in the Bay Area, a long fucking time ago... I left, yeah, and came back, due to other circumstances, beyond my control (fortunately) and Yes, I know it isn't the "only place to be," and all that, but, seriously? The techie world has fucked shit up here in terms of values and community, in so many ways, it's nearly impossible to list, but impossible not to feel.

      Mods aren't doing their jobs very well, lately, and what's up with that?

      Flamebait my ass, you want flamebait? You guys with your "nobody has a right to____ (whatever)," and similar Randian sentiments... you'll be right there with the parasitic bankers, insurance company assholes, and yeah, real estate vultures, up against the motherfucking wall looking at automatic weapons-fire, asswipes. Fuck you, die. Slowly, and painfully...

      There... there's your fucking flamebait, bitches. Kiss my fucking ass, and get of out of MY City, or die. Happy now, bitch?

    222. Re:Why stay? by BarbaraHudson · · Score: 1

      In rare circumstances? It was systematic.Read the links.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    223. Re:Why stay? by drinkypoo · · Score: 1

      the "shit" on the street doesn't end up in the drinking water supply

      No. That's true. It dries out, gets into the street, gets run over by cars, and gets into the air. That's right. Just like tires (where did you think tires went?) you get to breathe that shit.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    224. Re:Why stay? by Lobsang · · Score: 1

      My point exactly when I discuss this issue locally. Some people from San Francisco have this notion that they have a "god given right" to live there, no matter what. Even worse: They want to live where they want, paying whatever *they* feel is a good price! And when the city wants to build more living units to lower prices, they're the first ones to scream, saying it will "destroy the spirit of the city".

    225. Re:Why stay? by Anonymous Coward · · Score: 0

      Quite right - and you can't even brandish an AR15 without people frowning at you!

    226. Re:Why stay? by Anonymous Coward · · Score: 0

      Not the point. It's not about rights, it's about unpleasant things happening, and citizens being unhappy about it. They will try to use the political tools at every citizen's disposal to try to make things better for themselves, and so will others. If you just don't like listening to complaints, then move along.
      I am reminded of a friend talking about Palestinians - why are they complaining about being displaced? Throughout history people have been displaced. I reminded him that throughout history displaced people have been unhappy about it and complained. And sometimes complained with violence.
      Framing things as about rights is not pertinent.

    227. Re:Why stay? by Bob_Who · · Score: 1

      No, Republicans maintain you do have a "right" to live. Right up until the moment you are born. And no later.

      Right. Apparently they classify euthanasia as a late term abortion.

      Otherwise, nobody is to young for an execution.

    228. Re:Why stay? by Anonymous Coward · · Score: 0

      "Plenty of affordable accommodation outside San Francisco that you can move to if you can't afford to live within San Francisco itself.'
      disputed. You offer no data. Not so cheap anywhere near

    229. Re:Why stay? by Anonymous Coward · · Score: 0

      thank you for being sane, rational, and probably retired early.

    230. Re:Why stay? by Anonymous Coward · · Score: 0

      this is the same crap going on in portland. somebody things because at one point they could afford something they are entitled to it forever. 'have a right to stay where they are'. can you provide a reference?

    231. Re:Why stay? by Anonymous Coward · · Score: 0

      Oh sure, but for you that's just the people you've decided are "true" rather than the ones demonstrating how shortsighted and ignorant you are, particularly of the factors that effect people. "Economics" isn't magic, and is in fact limited by information which has a cost and limits all decisions, and travel which also has a cost. Ignoring those and proclaiming a supreme solution "if only..." is ignorant and arrogant.

    232. Re:Why stay? by OffTheWallSoccer · · Score: 1

      I'm a damn mathematician you ignorant fucktard but I've got more culture in my fucking dick than you've every seen.

      And Culture is what, the name of your pet goat?

    233. Re:Why stay? by Anonymous Coward · · Score: 0

      The problem is that San Francisco is desirable because of the community, and the tech guys (I am one) don't always fit in. And if things change where it gets more high tech and even more expensive, it won't be a tourist destination, it will be just another housing desert where no other businesses can survive the high property taxes and no other industry can move in.

    234. Re:Why stay? by Anonymous Coward · · Score: 0

      No one has a "right" to live anywhere. Ridiculous.

      As a citizen, you have the right to reside in your own nation. You're plainly incorrect with your statement.

    235. Re:Why stay? by david_thornley · · Score: 1

      Artists, in general, enrich our lives and do not get paid well for it. If you write, sculpt, and paint things other people like, then, yes, I think you're entitled to some extra respect.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    236. Re:Why stay? by Archangel+Michael · · Score: 1

      I am not a Republican.

      As for Bernie and the Min wage here is what I think of $15 min wage .... http://www.thefederalistpapers...

      The problem with Bernie, on Economics is that he is a stupid Socialist, and big government (Min Wage is big government) is the solution to the problems created by big government.

      As for the Legal Limbo of ILLEGAL aliens, I have no sympathy. Mind you, if I was in south America, I would come here illegally too! I don't blame them, but I have no sympathy either.

      And Military is actually one reason for the Government. Mind you, I oppose getting involved in other country's civil wars and the "Nation Building" that rapes the taxpayers to feed the military industrial complex. I am a Government minimalist. But I also realize that when the Federal Government steals from the social security trust fund, to fund all the other social programs liberals want, something is seriously wrong.

      And Bernie, has promised more taxes (all taxes are regressive) and more social spending to fix all the problems caused by taxes and social spending! YAY!

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    237. Re:Why stay? by Archangel+Michael · · Score: 2

      what happens when you get fired?

      I get another job? I work for myself? I get into a different industry? (all things I've done before).

      My training (College degree) is in Finance (Financial planning). I work in IT because when I graduated, there were 200,000 newly unemployed financial people in the market. People who aren't flexible will always have problems. I've been a lifeguard, restaurant worker, pool care guy, car salesman, IT worker and financial adviser.

      The free market is terrifying,

      Freedom is terrifying. It is messy. I still prefer it over security of slavery. What you want is Fascism where the trains run on time.

      I assume you vote Republican

      Which is why your viewpoints aren't accurate. Your assumptions are all wrong. Can't fix faulty assumptions, so I suggest you stop assuming things.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    238. Re:Why stay? by Anonymous Coward · · Score: 0

      The fascinating thing here is that the same people that condemn Proposition 13 as starving California government of "needed funds" would frequently not survive the repeal; they'd be chased off their own property by huge tax increases. Prop 13 has enabled a huge contingent of voters to escape the consequences of the spending they vote for. Prop 13 should be repealed, not because CA government should be funded more excessively than it already is, but to apply the burden of CA government spending to the people that deserve to be paying for it.

    239. Re:Why stay? by Anonymous Coward · · Score: 0

      if the artist owned their converted shithole, then they would have made quite a bit of money selling to those rich assholes.

    240. Re:Why stay? by jmcvetta · · Score: 1

      leonine contract != promise

    241. Re:Why stay? by cwsumner · · Score: 1

      The guy on Office Space was right, though. Have you ever tried letting the customers give requirements directly to the engineers? You're setting yourself up for a world of hurt. That sort of stuff absolutely needs translation.

      This is true. I spend half my working time translating between Customers, Marketing and Engineering. People in different fields literally use words for different meanings.

      But just because a person is Sales or A People Person does not mean they can translate technish!
      ( And yes, non-technical fields have their own dialects of technish.)

    242. Re:Why stay? by cwsumner · · Score: 1

      Actually, the phrase "Rich People" is defined by the democrat party as "anyone who gets a paycheck".
      They don't consider the independently wealthy as part of that, because they get donations from them.

    243. Re:Why stay? by cwsumner · · Score: 1

      ... Ask those same breathless progressives if they think that, say, the people in a Kentucky coal mining town have a "right" to things staying exactly as they are.

      How about this?:
      ====
      The people in Kentucky coal mining towns do have a right to stay there! There should be a federal law requiring California to use the Coal, so the miners can make a good wage!
      ====

    244. Re: Why stay? by Anonymous Coward · · Score: 0

      They have a right to be pissed off.

  2. Ownership vs. Renting by edtice1559 · · Score: 2

    If you own your home, you have the huge advantage that you don't get gentrified out and won't be forced to move. The down side is that you may never be able to move. If you rent your house, you run the risk of getting gentrified out and might have to move. Unfortunately it's not an easy problem and most of the proposed solutions seem to do more harm than good.

    1. Re:Ownership vs. Renting by Rinikusu · · Score: 4, Interesting

      If you didn't get in in the good old days of, hell, the 90s, buying is not really an option anymore. A house I was looking at sold for $360k. For a 450sq foot house. Just barely bigger than my apartment.

      Rents and Housing are absolutely out of control all over LA, not just SFO. I have no idea how anyone affords it on anything less than tech wages unless they're shacking up with 3 people. What's the point of making good money if you're spending it all on rent?

      --
      If you were me, you'd be good lookin'. - six string samurai
    2. Re:Ownership vs. Renting by mrchaotica · · Score: 5, Interesting

      If you own your home, you have the huge advantage that you don't get gentrified out and won't be forced to move. The down side is that you may never be able to move.

      That's because Prop 13 distorted the market. Without it, and without rent controls, people who don't need the housing would stop hoarding it because they're grandfathered-in to a below-market deal, making it (counter-intuitively) more affordable for everyone else. Reasonable zoning codes that would allow for an increase in density would help too, of course.

      --

      "[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz

    3. Re:Ownership vs. Renting by NatasRevol · · Score: 3, Insightful

      $360k buys you a hell of a house in most of the US.

      Get a remote job.

      --
      There are two types of people in the world: Those who crave closure
    4. Re:Ownership vs. Renting by james_shoemaker · · Score: 2

      If you own you can be forced out through tax increases, special assessments, and eminent domain. I've seen all 3 happen.

    5. Re:Ownership vs. Renting by edtice1559 · · Score: 2

      I forgot about California Prop 13. It doesn't exist other places. However, even in those cities, you don't get gentrified out due to tax increases unless the property value goes *way* up in which case you just had a huge financial gain. Most people would take this deal. I can tell you that if somebody offered me 3x the current market value of my house to move, I'd take it and retire!

    6. Re:Ownership vs. Renting by edtice1559 · · Score: 2

      Yes they all happen. Tax increases happen due to the fact that your property just became worth a fortune. I have a tough time garnering much sympathy for these people for the same reason I don't feel bad for traders who have to pay capital gains tax on their investments. Special assessments are a function of an HOA as far as I know. Usually affects condominiums but not related to gentrification. Emnient domain you get fair market value and *should * be able to purchase something compaable.

    7. Re:Ownership vs. Renting by edtice1559 · · Score: 3, Insightful

      That's why I don't live there. What I don't understand is why more people don't make that decision. Obviously they see some value in living there, but I question if it is an emotional decision rather than a financial one.

    8. Re:Ownership vs. Renting by edtice1559 · · Score: 1

      I agree with you but it's harder to move up the corporate ladder if you are remote. If you really think you have a shot at being a C level in the company, it makes sense to give it a shot. Us grunts need cheap housing.

    9. Re:Ownership vs. Renting by Archangel+Michael · · Score: 4, Funny

      Damn Choices! I want a 3500 sq ft home for $150k but I want to live in Silicone valley where you can't buy shit for $150K. There ought to be a law! I demand it!

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    10. Re:Ownership vs. Renting by NatasRevol · · Score: 2

      Most people don't want to move up the ladder. Just get paid better.

      Remote jobs let you work more than one at a time...

      --
      There are two types of people in the world: Those who crave closure
    11. Re:Ownership vs. Renting by Archangel+Michael · · Score: 0

      Prop 13 kept older folks from having to sell their house and moving then they retire, simply because the tax man decides the value of the house is such they they can't afford the taxes to live there.

      Liberals love taxes, which is why they hate Prop 13.

      And yes, all taxes are regressive, biting those that can least afford them harder than those that can pay to avoid them.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    12. Re:Ownership vs. Renting by edtice1559 · · Score: 1

      There's a limit to how much better you can get paid without moving up the ladder. At least the way corporate America works.

    13. Re:Ownership vs. Renting by Archangel+Michael · · Score: 1

      So, a couple who lives in a house for 40 years is forced to move in their 70's because the tax man says so? You're okay with that? Must be a democrat who loves taxes.

      Taxes are regressive. All of them.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    14. Re:Ownership vs. Renting by Penguinisto · · Score: 1

      Dude, I recently bought a modest (1040 sq. ft) empty-nester house sitting on six acres, and I only paid $250k for it. Mind you, it's a 60-minute commute to downtown Portland (where most the jobs are in the area for my field), but well worth it since traffic ain't half bad (for most of the commute anyway) and I can always work from home.

      Now in Portland itself? Yeah, a typical/decent-neighborhood studio apartment in downtown PDX goes for approximately $1500-$1800+ a month, and is rising at an alarming rate. Wouldn't be surprised at all to see it break the $2k/mo. barrier by the end of this year. Want to rent a 3 bdrm house? You'll have to move out to at least Gresham and/or Beaverton (either is a 30-minute commute) if you want to pay less than $2k/mo. for the privilege. By comparison, my mortgage is $1430/mo. , and I feel pretty good about that. If I would have bought in the 90's, the same property would have cost me approximately $800/mo. in mortgage.

      Yeah... screw the rental-go-round.

      --
      Quo usque tandem abutere, Nimbus, patientia nostra?
    15. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Prop 13 "distorts the market" by preventing the taxman from forcing you to sell it. Letting people chose *not* to sell is not really a distortion.

    16. Re:Ownership vs. Renting by Penguinisto · · Score: 2

      Assessments and Eminent Domain means that you get at least most (if not all) of your monetary investment back (via the sale of property to the local gov or to someone else).

      Eviction/termination-of-lease for any reason means that you get $0.00 in compensation - in other words, you're just fscked.

      --
      Quo usque tandem abutere, Nimbus, patientia nostra?
    17. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Or commute, like the rest of us.

    18. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      The key differences between property taxes and capital gains taxes are that property taxes are collected annually based on the hypothetical value of the property at that moment while capital gains are on the actual value of the item when it was sold and that property taxes are taxing ownership, capital gains are taxing income/profit.

    19. Re:Ownership vs. Renting by edtice1559 · · Score: 4, Insightful

      If they bought their house for $10k 40 years ago and its with $100million now but they can't afford those taxes, so they have to take their $100 million and go live in a mansion in the second-best part of town, yes I'm okay with that.

    20. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      And part of the problem with property values is all the restrictions put on building so that it drives up the value of the limited housing that is there. You look at a place like Houston that has had very little limitation on building, housing prices have tended to be pretty moderate. But when you limit building, put large restrictions on types of building, control rents and such, you end up just where they are in California. And the typical answer is that you need more government intervention to fix the issues caused by a lot of bad government intervention.

    21. Re:Ownership vs. Renting by hawguy · · Score: 1

      If they bought their house for $10k 40 years ago and its with $100million now but they can't afford those taxes, so they have to take their $100 million and go live in a mansion in the second-best part of town, yes I'm okay with that.

      The fallacy is that they'll be able to sell their million dollar house and actually buy a comparable house in the "second best part of town". In all actuality, they are going to have to leave town completely.

      In the markets that have huge appreciation where a $10K house can turn into a million dollar house, there's not much supply, so the elderly couple that wants to sell their house and downsize to a smaller place can't actually do so due to the timing - they can't find a house they want to purchase, tell the seller "I totally want to buy this house just as soon as I sell my old house", then put their own house on the market and wait for it to close -- the seller of the house they want to buy is not going to sit around and wait for 6 weeks while competing offers keep stacking up. They sell their house and move into an apartment and hope that they can find a home to buy before the 1031 exchange time limit expires, but that's risky in a market like SF, they may not be able to find that house.

      And unless they do leave the town for cheaper real estate, it's not like they are walking away with a huge profit, since even in the "second best part of town",by the time they pay selling costs plus closing costs on the new house, they are lucky to break even. And they are still burdened by high taxes.

      California's Prop 13 has its faults (it should only apply to primary homes), but I think it's completely fair to prevent homeowners from being priced out of their houses by taxes.

    22. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      I think you mean all taxes are progressive, since Progressives love them so much! Otherwise you have to re-brand the left as Regressives.

    23. Re:Ownership vs. Renting by Archangel+Michael · · Score: 1

      You got it.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    24. Re:Ownership vs. Renting by Rinikusu · · Score: 1

      Dude, I miss Portland dearly. The GF is down to move to PDX, but she needs to finish her JD and practice for a few years before she can sit the bar in OR.

      --
      If you were me, you'd be good lookin'. - six string samurai
    25. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Eviction/termination-of-lease for any reason means that you get $0.00 in compensation - in other words, you're just fscked.

      Why should a renter be compensated? Just find something else to rent. That's the point of renting.

    26. Re:Ownership vs. Renting by Cro+Magnon · · Score: 1

      Define "fair market value". My GF's family got kicked out on eminent domain, and they tried to give them a piddling amount that would barely buy a shack in the slums. They had to get a lawyer to get a real fair market value, which was 3X what the city initially offered.

      --
      Slow down, cowboy! It has been 4 hours since you last posted. You must wait another few hours.
    27. Re:Ownership vs. Renting by Archangel+Michael · · Score: 1

      The sad thing is, you value taxes over people being able to live in their own home. The numbers don't matter. And I'll bet you call yourself a "progressive" and think that you're for the "common man".

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    28. Re:Ownership vs. Renting by ooloorie · · Score: 2

      So because you want to be a C-level executive, other people should subsidize your housing. Got it.

    29. Re:Ownership vs. Renting by mrchaotica · · Score: 1

      Prop 13 kept older folks from having to sell their house and moving then they retire, simply because the tax man decides the value of the house is such they they can't afford the taxes to live there.

      No, the market decided the house's value. The tax man just decided to decouple the tax assessment from said value in a pretty arbitrary and capricious way.

      Liberals love taxes, which is why they hate Prop 13.

      Really? I would have assumed exactly the opposite: that liberals loved Prop 13, because it makes things "fair" (from the point of view of the people who were already homeowners when it was passed, at least). You'd think if Prop 13 were a popular conservative idea you'd see things like it passed in states like Texas, not California. But you don't, because from a conservative point of view it's a terrible idea.

      --

      "[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz

    30. Re:Ownership vs. Renting by Anonymous Coward · · Score: 1

      Damn Choices! I want a 3500 sq ft home for $150k but I want to live in Silicone valley where you can't buy shit for $150K.

      Good luck finding any decent tech work in a place which has 3500 sq. foot free-standing home for $150k. You're going to have a VERY hard time finding anything half that size for that price, anywhere in the country. Unless it's in such poor condition that it needs $50k (or more) to make it habitable.

      I'm living in Denver and our housing is almost as bad as theirs is. Unless you feel like living in the ghetto or 2 hours from town, you're looking at $1500 a month for a small 1 bedroom rental at the low-end, condos at 1000 sq. foot are going for $250k to $300k minimum, and a 1,000 sq foot free-standing house is going to run you upwards of $350k if you can even find one.

      There ought to be a law! I demand it!

      Yes, a law which makes developers build a certain percentage of their housing priced at the low-income level, instead of letting them exclusively build units which have a starting cost of $50k per year thus preventing anyone making under $100k from even hoping to live there.

      And before you start blathering about 'just work from home', most companies don't really allow that on a regular basis, and it means paying some shithead company like Comcast an arm and a leg for a halfway decent internet connection. Oh, plus the extra space for a dedicated office for anyone with a family... ever tried 'working from home' with a wife and a 2 year old kid while living in a 1 bedroom apartment? Hint- doesn't work so great.

    31. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Prop 13 kept corporations from having to every pay their fair share of property tax.
      Conservatives love corporations, which is why the love Prop 13.

      And yes, loving corporations is regressive, biting those with less money harder than anyone else.

    32. Re:Ownership vs. Renting by mrchaotica · · Score: 1

      However, even in those cities, you don't get gentrified out due to tax increases unless the property value goes *way* up in which case you just had a huge financial gain. Most people would take this deal.

      Yes, you'd think that. Nevertheless, even where I live (in Atlanta) there are lots of folks (especially low-income senior citizens) who complain strenuously about the unreasonable property taxes despite the fact that not only do the millage rates tend to be low to begin with, but also that we have a HOST (Homestead Option Sales Tax) that uses sales tax revenue to subsidize property taxes. Even despite all that, we have a surprisingly large number of tax foreclosures.

      --

      "[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz

    33. Re:Ownership vs. Renting by Penguinisto · · Score: 1

      Why should a renter be compensated? Just find something else to rent. That's the point of renting.

      Agreed, but if you're going to pay up a very significant portion of your income each month to house yourself, you may as well get something back for your efforts. With few exceptions (e.g. the housing bubble burst), you usually get at least most of your money back when you sell (yeah, it costs more to do that, you have to factor equity in, and yeah it's a hassle, but the results are usually well worth it.)

      --
      Quo usque tandem abutere, Nimbus, patientia nostra?
    34. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Older folks are still moving when they retire. They're just now financing their retirement through renting out their old house and/or selling when a developer offers them 1.5 million for the tear-down value of the land.

      It's all the people who aren't retirement age who are desperately holding on to their prop 13 property that they bought over the last 10 years that are helping to keep the supply locked up. There's nothing affordable for them to trade up to, and if they sell, they'll get eaten alive by the current rental market.

    35. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Hey: stupid idiotic idealist asshat--

      One of the economic purposes of property tax is to ensure that it is put to a good economic use by making a crappy economic use expensive.
      Or do you fancy living in feudal times again, where a few people own nearly everything (and no, we're not even close to that yet)?

      What do you tell the new college grad, with more student loans than anyone, ever?
      Hey, these old people want to live here, where there are jobs.
      Because they got here first, Fuck you, go live in poverty and stuff your degree down the toilet.. Haahahahahaa!

      No, the issues in SF are caused by the stupidity of prop13 (which lets corporations never see a property tax increase basically ever, not like holding companies die or anything), and because the residents keep not voting for density increases.

    36. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      I have a feeling San Fransicians did this to themselves. What zoning and regulations are in place? In liberal Cali and San Fran, probably a myriad.

    37. Re:Ownership vs. Renting by Archangel+Michael · · Score: 2

      Part of the post was hyperbole, designed to make a ridiculous point more ridiculous.

      I live in a nice neighborhood, in a nice home, on 1/4 acre lot, 200K sq ft and don't make six figures. My commute is eight minutes, and I work in Tech.

      My kids could walk to school, we have nice parks and beautiful tree lined streets and a cute downtown. We don't have Major city perks, nor the problems that also come with big city.

      My point is you have choices in life. Don't complain about the choices you've made. And don't pretend you don't have choices. I don't complain about not making six figures because I chose not to live in the city where that was possible. I do enjoy my garden, roses and yard.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    38. Re:Ownership vs. Renting by ooloorie · · Score: 1

      Yes, and there's a reason for that: higher level positions are both a lot harder and a lot riskier.

    39. Re:Ownership vs. Renting by q4Fry · · Score: 1

      you can't buy shit for $150K.

      I see you're into adobe.

    40. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      How about building more housing?

    41. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Plus, if they're retired, then it's not like they have a job they need to commute back to, so moving frees up space needed by active workers. The only problem they'll have to deal with is the huge hit on their taxes because they just made a TON of cash selling their home.

      Of course... they are old and could easily move the home to a trust for their kids/grandkids that they then sell it from and provide themself a modest salary to manage until they die.

    42. Re:Ownership vs. Renting by mishehu · · Score: 1

      In Texas we have the homestead exemption, and you get it for exactly one property: your homestead. It caps ad valorem taxation (property taxes) at an annual increase in valuation to 10%. In some parts the values of the properties have been going up higher than 10%, so at least there is this. It still kind of sucks because your tax bill can still double within 7 years time.

    43. Re:Ownership vs. Renting by LynnwoodRooster · · Score: 1

      I know at least Washington State as a "prop 13" type thing where property tax rate increases are capped. I'm pretty sure Idaho and Arizona have the same kind of thing as well... It's probably not that uncommon to cap property tax increases for a single owner (resets when sold).

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    44. Re:Ownership vs. Renting by DerekLyons · · Score: 1

      If you own your home, you have the huge advantage that you don't get gentrified out and won't be forced to move.

      Presuming you can afford the increased taxes as property values around you rise, sure.

    45. Re:Ownership vs. Renting by LynnwoodRooster · · Score: 2

      Correct. And with capital gains taxes - you don't pay until you sell. Property taxes increasing on theoretical value (it hasn't be realized) is simply gouging. If the GP wants to be equivalent to capital gains taxes, there would be a hefty tax at the time the property was sold, not every year based on some supposed increase in potential value.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    46. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Ahahahaha!

      Yes, performed at the highest levels, I fully agree.

      But most executive management in the U.S. is utterly incompetent. See: Carly Fiorina, Rob Johnson, Meg Whitman, Bob Nardelli, etc.

    47. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Yeah, depends on where you live. Long Island property taxes can be insane, Cambridge vs Somerville is also very interesting (Cambridge being 1/2 of Somerville's tax).
      Comes down to a lot of little things that your town provides, and they add up quickly, specially if your on a fixed income like your 70 year old grandparents.

    48. Re:Ownership vs. Renting by mu51c10rd · · Score: 2

      A 200,000 sq ft home...how do you keep it clean?

    49. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      $360k buys you a hell of a house in most of the US.

      Get a remote job.

      The problem with remote jobs is that once they saw how easy many jobs were done from hundred miles away they instead shipped them thousands of miles away. Offshoring has been one of the unintended consequences of telecommuting.

    50. Re:Ownership vs. Renting by sjames · · Score: 1

      Even owning your home might not help if the property taxes shoot up. If you can sell, you do get a nice consolation prize, but you still enede up pushed out.

    51. Re:Ownership vs. Renting by mrchaotica · · Score: 1

      They can't just build more housing because the zoning code doesn't allow it. Hence my statement that "Reasonable zoning codes that would allow for an increase in density would help too, of course."

      --

      "[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz

    52. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Rents and Housing are absolutely out of control all over LA, not just SFO.

      Can't speak for the southern trend, but it's fucked even in Sacraghetto. A milder form of fucked, to be sure, but fucked enough that I'm getting the hell out of the People's Republic ASAP.

      Enjoy I-5, suckers. The weather isn't worth this shit.

    53. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Portland has very strict zoning rules, and has basically stopped new housing construction. You wonder why housing and rental prices keep rising? It's because there are always more people, but no more housing for them to live in.

      San Francisco has the same problem, combined with generous government interference in the market that provides perverse incentives for those that cannot afford to live there to stay.

      I will laugh if the SF mob succeeds in driving their source of income away. Sure, they'll have cheap housing again - but look at how that worked out for Detroit.

    54. Re:Ownership vs. Renting by Krishnoid · · Score: 1

      I hear at least one spot in Alabama has great connectivity.

    55. Re:Ownership vs. Renting by sjames · · Score: 1

      I DO have sympathy for those who wanted the house as a place to live. They aren't investors who put the money in hoping for a huge return, they just wanted to actually live somewhere and not feel like part of a Gypsy caravan.

      The money makes a nice consolation prize for those people, but it's just that, a consolation prize, not a win.

    56. Re:Ownership vs. Renting by sjames · · Score: 1

      That's because your values differ and you're cool with forcing your values on others. Are you also a fan of sharia law?

    57. Re:Ownership vs. Renting by NatasRevol · · Score: 1

      I'll give you Carly (she needed body guards for INTERNAL meetings), but how many CEOs have split a company into two Fortune 50 companies like Meg has?

      --
      There are two types of people in the world: Those who crave closure
    58. Re:Ownership vs. Renting by NatasRevol · · Score: 1

      Skill level is rarely the same. In fact, I've never seen it come close.

      --
      There are two types of people in the world: Those who crave closure
    59. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Do you have any reference literature to support your assertion? Your assertion is not just counter-intuitive. It defies reason. Just how does an individual hoard rental agreements? Would you seriously attempt to have us believe that people are holding more than one rental agreement? If they are, then they are likely subletting. If they are subletting then rent will be just as if there were no people holding agreements and subletting. Subletting prices will be the same as if the rents were direct from a landlord. Are you suggesting that people have multiple empty apartments in order to maintain a good price? That is crack pipe nonsense. No sane person would have multiple rents to save money if they could just keep one dwelling. If it is a single apartment used as a dwelling and one assumes that the rent control gives a lower price (which would be the only reason one may wish to hold on to such an apartment rather than just get a cheaper or equivalently priced dwelling) then average rental price will be less. There is literally no credible way that your assertion is supportable. Businesses could just acquire property and undercut this weird imaginary inflated property if your assertion were somehow true. It appears your post is basement libertarian nutter drivel.

    60. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      What most people don't realize about Prop 13 is that the municipalities just routed around it. They have to pay for the municipal services expansion somehow, so they started applying insane planning and permit fee's to new construction. In some SF Bay Area cities the planning and permit fee's to build a new single family house run $140,000. That means that any house in that city with a valid occupancy permit, even a tear down cardboard shack, is automatically worth $140,000 + cost of land.

      It gets lumped on to your mortgage, and you pay the bank interest on it, so they'll never fix the problem...

    61. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Nope. You are not considering zoning. Tax differences from zoning are a great way to drive people out of their homes and get their property for a song. Often the entity interested in the property is the only one interested. Where I live there is a place where the resident plants crops periodically. He only has a few acres. This keeps his property classed as a farm which is the only way he can hold off the often corrupt use of zoning because farms are automatically classed a a farm for tax zoning purposes. Houses have no such protection here.. The people who abuse zoning are typically connected and have the local commission doing their bidding. This keeps price competition away as any competitor will know they will be tangling with the local government rather than just offering a price.

    62. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      bought their house for $10k 40 years ago and its with $100million

      Not at all prone to exaggeration...

    63. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      No, the market decided the house's value. The tax man just decided to decouple the tax assessment from said value in a pretty arbitrary and capricious way.

      The problem is that the house isn't just an asset. It's an asset with a liability attached: the tax.

      Grandma paid $100K for a condo that's now worth $1M. Her house is worth more than $1M to her because she pays $2K/y in taxes, and if she were to sell it and move to the unit next door, her property taxes would go up to $10K/y.

      By the same token, that very same condo is worth less than $1M to me, because even if I buy it for cash, I don't really own the unit - I pay $833/month in rent (in the form of property tax) to CA for the privilege of living in it.

      That leads to really weird distortions; Grandma can rent me the entire condo for $500/month (I wish :) and make a profit while charging me less in rent than I would pay in property tax if I bought the house outright!

    64. Re:Ownership vs. Renting by fluffernutter · · Score: 2

      Sometimes the only correct move is not to play.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    65. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      I have no idea how anyone affords it on anything less than tech wages unless they're shacking up with 3 people.

      As an aside this is a big part of how the H-1B racket works. I worked with a guy at a certain large online retailer who had 8 roommates. 9 people living in one small rental house in Santa Rosa, most of them sleeping on air mattresses, all placed at SF tech companies. They're all saving up their salaries and will eventually expatriate the money to India. More H-1B success stories!

    66. Re:Ownership vs. Renting by 0100010001010011 · · Score: 1

      Just because a company has been around for more than 10 years doesn't mean they aren't a 'tech' company.

      Do people honestly think big corporations like Walmart, Caterpillar, GM, etc are all still banging rocks together? I would wager any 3 of those are as 'tech' if not more than any company in the SF area.

    67. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      So this situation is no problem for you?

      Couple lives in a house. They work low income jobs but do well enough to pay their mortgage off, and are always current on their taxes and other expenses. Things are going fine. 10 years later the hand of gentrification steps in. Their job isn't in the tech industry (or whatever is gentrifying the area) so their income hasn't changed with respect to inflation. Their house is re-assessed. Next year, taxes are more than their combined income. They are forced to sell. They make $500,000 on their house, cash in the bank. The couple is 45 years old.

      They aren't particularly employable, so they keep their jobs. They look for somewhere else to live. Anywhere that would let them get to work on time has a rent higher than their monthly income.

      Is it right to force them into poverty level (With today's shitty interest rates, about $10k per person per year) early retirement through hefty taxation? A poverty level worse than what they're in previous to the taxation?

    68. Re:Ownership vs. Renting by cats-paw · · Score: 1

      you have to live where you can find work.

      you know why a lot of programmers don't live in some cheap place ? Because there's a very small number of jobs in a very cheap place.

      that's why they're cheap.

      Re: remote work. if you can do the work remotely, then so can your replacement in India, Romania, Hungary, etc...

      --
      Absolute statements are never true
    69. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      No there isn't.

      You buying into that propaganda is part of what makes you a wage slave. They want your services: you name your price.

      Their objections about "payroll policy" are exactly that: objections. Part of sales is a willingness to hold your ground when your client threatens to walk away from the table. Grow some balls and demand more or you'll always be paid less. If you don't have a strong bargaining position either: a) unionize or b) get more valuable skills.

      People who study subjects because they are a shortcut to an easy to get a "fungible commodity" are frequently distressed to find that a B.A. in Soft IT is easily replaced by a B.A. in Soft IT from a 3rd World Country. Don't like it? Vote for Trump or start hiring H1Bs yourself.

      There's an entire universe of "betas" complaining that no woman wants their nuts. Replace "betas" with "wage slaves" and "woman" with "employers" and the statement sounds the same.

      The game is zero sum, so don't complain when you lose. If you don't like the game because everyone else is cheating by importing labor that's hungrier than you: find a different race to compete in since you've admitted you aren't competitive in this one. If there isn't a race where you're competitive: hurry up and starve so someone who is hungrier than you can afford rent more easily.

    70. Re:Ownership vs. Renting by Enter+the+Shoggoth · · Score: 1

      If you didn't get in in the good old days of, hell, the 90s, buying is not really an option anymore. A house I was looking at sold for $360k. For a 450sq foot house. Just barely bigger than my apartment.

      Rents and Housing are absolutely out of control all over LA, not just SFO. I have no idea how anyone affords it on anything less than tech wages unless they're shacking up with 3 people. What's the point of making good money if you're spending it all on rent?

      Damn! $360K wouldn't buy you an outside toilet in Sydney.... I always thought that somewhere like San Francisco would be well into the millions... I know that the minimum wage is higher here but even by proportion property prices in California is insanely cheap by our standards.

      --
      Andy Warhol got it right / Everybody gets the limelight
      Andy Warhol got it wrong / Fifteen minutes is too long.
    71. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      Not only that, the house is at least 19 stories just to fit on the lot!

    72. Re:Ownership vs. Renting by NoImNotNineVolt · · Score: 1

      I live in a nice neighborhood, in a nice home, on 1/4 acre lot, 200K sq ft and don't make six figures. My commute is eight minutes, and I work in Tech.

      How do you fit a 200,000 square foot house on a 10,890 square foot (1/4 acre) lot? It must be nice having a 20-story building all to yourself...

      I do enjoy my garden, roses and yard.

      Ah, so the building is more like 40 stories?

      --
      Chuuch. Preach. Tabernacle.
    73. Re:Ownership vs. Renting by NoImNotNineVolt · · Score: 1

      The numbers don't matter.

      Strong argument.

      And I'll bet you call yourself a "conservative" and think that you're for "fiscal responsibility".

      --
      Chuuch. Preach. Tabernacle.
    74. Re:Ownership vs. Renting by Penguinisto · · Score: 1

      Sorta... you can still build all the new housing you want in Washington and Clackamas counties (and anywhere else that surrounds Portland's Multnomah County.) Portlandia's grasp stops cold at the county line... and while they do have ideological allies (*cough*Beaverton*cough*), most everyone else is cashing in on Portland's lack of new housing.

      It should be noted that Portland (the city, not Metro) really doesn't have anywhere to build new housing except upwards, and looking out the office window, I see at least six skyscraper cranes all busily stacking new housing skyward (now mind you they're mostly condos, but...) Finally, it should be further noted that Portland doesn't do rent control, at least not by edict like you see in SF or NYC.

      Most of the new construction for housing in PDX Metro is going nuts west of Hillsboro, south of Lake Oswego, the east of Gresham, and beyond in all directions. Even Washington State is getting into the act, with subdivisions going up from Camas to Longview, and northwards to Kalama.

      --
      Quo usque tandem abutere, Nimbus, patientia nostra?
    75. Re:Ownership vs. Renting by david_thornley · · Score: 1

      A lot riskier? Tell me who gets the golden parachutes: the top-level execs or the people who do the actual work?

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    76. Re:Ownership vs. Renting by vovin · · Score: 1

      In Minnesota we have something similar. Property tax rates are essentially capped at 10%/yr. Exceptions for improvements (if you put 200k in, expect a substantial portion of that to go into the next valuation).

      There is also a homestead rebate which means that your primary residence property tax rate is reduced by a significant margin (~30-50%).

      However we also have property tax rebates for low incomes to fix the 'old people on fixed incomes' problem. It also helps other various low income homeowners whose home valuation has outsripped thier income levels.

    77. Re:Ownership vs. Renting by evilviper · · Score: 1

      $360k buys you a hell of a house in most of the US.

      Get a remote job.

      $360K buys you one hell of a James Bond villain's giant compound in India...

      About a billion Indians will do ANYTHING to get a remote IT job with the kind of 1st world salary you want.

      --
      Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
    78. Re:Ownership vs. Renting by HornWumpus · · Score: 1

      Just move to a new suite every day, duh.

      You don't even have to flush the toilet. seepage will have cleared it before your at that crapper again.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    79. Re:Ownership vs. Renting by HornWumpus · · Score: 1

      I believe that price was from LA. Which is a huge sprawl. The analogous house 'in Sydney' could be just over the S. Australian border.

      Also recall that 1$AUS = 0.76$US and 450sq foot = 50 sq meters.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    80. Re:Ownership vs. Renting by HornWumpus · · Score: 1

      See Charlie Rangle. Rent control breaks markets.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    81. Re:Ownership vs. Renting by evilviper · · Score: 1

      A house I was looking at sold for $360k. For a 450sq foot house. Just barely bigger than my apartment.

      Who cares how big the house is? It's the land/lot that appreciates in value. The house is a write-off. You can either completely renovate and expand it, or bulldoze and replace it with something new.

      That said, you can find several listings with twice the house, on a city lot, for about that same price in the LA area, so that's not typical, anyhow. Sometimes it's the cheapest properties that are strangely in the most demand because of so many people who can afford a $400k 30-yr loan, but not ONE CENT more... You might find just a few percent higher price gets you a MUCH nicer house with much less buyer demand. If you think that's too expensive, you're not being realistic. You aren't going to dramatically cheaper houses anywhere at all, unless there's some horrible reason nobody wants to live there. Housing prices aren't going to be what your parents paid, and unskilled job wages aren't keeping-up with inflation of property.

      After the crash, circa 2008, good-sized houses on quarter-acre lots an hour drive from L.A. were selling for $50,000. They've all gone up to at least 3X what they were selling for back then, but still plenty of affordable options if you're willing to commute an hour each way. Metrolink (commuter rail) is commonly an option all-over greater Southern California area... You can even live out in the Palmdale desert with even cheaper houses on big lots, and ride the train to work anywhere in the LA area.

      LA rent isn't nearly as insane as SF. A $1,500/mo rent is doable if you don't want to commute, and don't want a 30-yr mortgage hanging over your head. After a few years, the money you saved can buy several houses outside the area, and renting them out will be a job in itself.

      --
      Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
    82. Re:Ownership vs. Renting by ooloorie · · Score: 1

      A lot riskier? Tell me who gets the golden parachutes: the top-level execs or the people who do the actual work?

      If you really desire to be a "top-level exec", why don't you go for it?

    83. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      C-level? If you're not in the bay area, a tech giant WILL buy your company. . . eventually. And shut your ass down, lay you off, and compel you to train your H1B replacement. This is a thing. I've lived through it, TWICE, and watched it happen to my colleagues. Does it happen to EVERY company? No. But it happens to enough. All it takes is a little market downturn, then your independent developer becomes a crispy treat for one of the big boys looking to get ahold of the last new "big thing" that they failed to invest in and innovate in the first place.

      There are a few niches where you can be a bit more sheltered from this effect. The Defense sector is one, but you have a different dynamic there, and wherever you move, you'll eventually have to move again. Mostly.

      But the "remote" gig is just begging to be second-fiddle in the office-politics band.

    84. Re:Ownership vs. Renting by sethstorm · · Score: 1

      On the other hand, that $360k house will require fucktons of security to guard it.

      --
      Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
    85. Re:Ownership vs. Renting by antdude · · Score: 1

      Where are these remote jobs?

      --
      Ant(Dude) @ Quality Foraged Links (AQFL.net) & The Ant Farm (antfarm.ma.cx / antfarm.home.dhs.org).
    86. Re:Ownership vs. Renting by Anonymous Coward · · Score: 0

      You only have a financial gain if you sell your house, yet you pay tax based on what you could sell the house for. I don't get a raise to cover massive appreciation in home values unless I change employers. That is why I could be taxed into selling my house.

    87. Re:Ownership vs. Renting by vandamme · · Score: 1

      So you have a 20 story house??

    88. Re:Ownership vs. Renting by mishehu · · Score: 1

      Texas has some other exemptions, such as the Over 65 one, but I'd have to read up on what all the other exemptions entail. Also we have the 1-d and 1-d-1 exemptions/valuations (commonly referred to as "agricultural exemptions"). I'm pretty sure that's why the guy with the 3-5 acre lot right near Lakeline Mall puts a few cattle out there to graze: His annual taxation goes waaaay down, and that's a prime lot he has these days.

    89. Re:Ownership vs. Renting by NatasRevol · · Score: 1

      indeed.com location:remote

      --
      There are two types of people in the world: Those who crave closure
    90. Re:Ownership vs. Renting by david_thornley · · Score: 1

      Now there's a non-sequitur. In fact, I have no desire to be a top-level exec, and am happy to earn a very nice living doing the actual work. Personal preference.

      However, you're the one who claimed that higher level positions are a lot harder (debatable) and a lot riskier (to whom?).

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    91. Re:Ownership vs. Renting by ooloorie · · Score: 1

      Now there's a non-sequitur. In fact, I have no desire to be a top-level exec, and am happy to earn a very nice living doing the actual work. Personal preference.

      Well, and a lot of people share that personal preference. Since the "actual work" of execs needs to get done, they get paid more for their "actual work" than you do for yours.

  3. Boom to bust by ickleberry · · Score: 0

    Hopefully there will be another dotcom bust soon to put the tail between the Almighty GOOG's legs

    1. Re:Boom to bust by ErichTheRed · · Score: 1

      I think it's going to take a much longer time for one simple reason -- cloud computing.

      Think about it, all these startups have to do now is pay Amazon or Microsoft a monthly fee to run their IT infrastructure. They don't have to build out $100 million data centers or make huge equipment investments. Companies in the 90s had to do all this, and it was great when the crash came around -- cheap gear on eBay as far as the eye could see. The cloud lets these companies live longer on less money, and the VC money can now go to paying insane salaries and going on hiring binges.

      That said, it's definitely on the wane. Look at the tech press on a random day -- startups are starting to lay off people again. I just think it's going to be a much slower deflation this time, but it's deflating.

    2. Re:Boom to bust by ickleberry · · Score: 1

      But then again, quite a few 100 million datacentres have been built and are still under construction and we're seeing cloud providers giving away Lifetime storage and VPS just to keep the kash rolling in while the offering seems obviously unsustainable. If one of those providers goes titsup, it might take a few of its customers down with it

  4. So, uh, LEAVE by drinkypoo · · Score: 5, Interesting

    There are too many people in California in general and too many people in San Francisco in particular. (Not as bad as LA, but anyway...) If you moved to a place you knew you could never afford to buy housing, which was one of the most highly desirable real estate markets in the world, and then rents spiraled out of control, you have only yourself to blame. I have sympathy for people who are born there as renters and can't afford to leave. I have zero sympathy for people who moved there and then complained that they couldn't make it.

    This is a problem faced by the whole wide world, and unless you want to skip socialism and head straight for communism, there's no fairer way to decide who can live there than by who can afford to live there. If you think you have a way to implement a meritocracy in our society, I'm interested, but mostly for the sake of amusement.

    Our whole society is founded upon the idea that might makes right, and he who has the gold gets to decide who gets to live where. I'm highly sympathetic to the notion that this is harmful, but it really is our founding principle. If teachers can't afford to live in SF, then maybe people unwilling to home school should start moving their families out, too. Big dirty cities (SF fits this description admirably, if you include environs, needed for "big" though not for "dirty") are no place to raise a family in any case. Maybe SF doesn't need fast food restaurants. Maybe it's not just okay but actually desirable to gentrify some cities, and let the culture in them disperse to other areas that could use some that isn't growing between someone's toes.

    TL;DR: If what is going on with SF rents is wrong, then our whole society is wrong, and you can't fix SF without fixing everything else, too. They can enact local laws, but as long as the state works against them, it's always only masturbatory.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    1. Re:So, uh, LEAVE by __aaclcg7560 · · Score: 1

      I have sympathy for people who are born there as renters and can't afford to leave.

      That's the boat I'm stuck in now. I've been in my studio apartment for over ten years and paying several hundred dollars less than market rate rents since rent control caps rent increases to 8% per year. I've been wanting to move for some time, quite possibly from Silicon Valley to Sacramento. I'm still recovering from the Great Recession and rebuilding my finances. Maybe next year.

    2. Re:So, uh, LEAVE by Junta · · Score: 2

      I would also consider that sentiment for the tech companies. Why *must* you have your tech company in SF area?

      --
      XML is like violence. If it doesn't solve the problem, use more.
    3. Re:So, uh, LEAVE by Frobnicator · · Score: 5, Insightful

      This is a problem faced by the whole wide world ... TL;DR: If what is going on with SF rents is wrong, then our whole society is wrong, and you can't fix SF without fixing everything else, too. They can enact local laws, but as long as the state works against them, it's always only masturbatory.

      Exactly. Property value has ALWAYS increased near population centers. It has ever been so, and will continue to be.

      This has nothing to do with San Francisco specifically. It has happened and continues to happen in every city and every town through all of history.

      A central district will have the primary draw where everyone wants to be. A central business district, a big employer, the marketplace, whatever. There are places where people want to be for economic or social opportunities. Location, location, location.

      Tools like rent control can "help" for a short time -- in that they make it a little easier for some individuals -- but they cannot stop the reason behind it. Consider the long view. Either demand for the services will drive everyone's wages (and costs) up, or the inability to have workers drive the property values back down as the region enters a decline.

      As people are priced out of the market there will be fewer good teachers, meaning worse schools, meaning less draw to the area as it falls to decline. Alternatively, the people will demand quality teachers and increase wages to get them. Fewer service people mean stores and marketplaces can't keep people employed, so either the store workers will leave the area for a better life balance, meaning less draw to the area as it falls to decline, or the demand for shops will mean higher costs so they can pay higher wages.

      No matter their wealth, the kings and castles rely on the services of the townsfolk. Either they all grow together or the kingdom declines.

      --
      //TODO: Think of witty sig statement
    4. Re:So, uh, LEAVE by jandersen · · Score: 1

      This is a problem faced by the whole wide world, and unless you want to skip socialism and head straight for communism, there's no fairer way to decide who can live there than by who can afford to live there. If you think you have a way to implement a meritocracy in our society, I'm interested, but mostly for the sake of amusement.

      The good, ol', condescending "Do I look like I care?" - not so becoming, I think. Also, not actually very clever.

      Still, in order to function, any community needs a collections of certain elements - namely the people who carry out the low ranking jobs that all you high-fliers don't want to get your hands grubby with. Now, who is going to take your rubbish away, fix your plumbing, repair sewers, build homes, teach your children, nurse you in hospital etc etc, if none of those people can afford to live in your scintillating wonder-city? That is the problem faced by almost all modern cities. Nobody has yet been able to find a solution that does not require state intervention in some form.

    5. Re:So, uh, LEAVE by T.E.D. · · Score: 3, Informative

      The problem here is that a city, even in the Bay area, needs low and mid wage workers too in order to function.

      Think about it this way: How is the Bay Area tech industry going to function when there's nobody left to staff their Starbucks'?

    6. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      There are many, many places for tech that aren't SF. They are generally much nicer to live in. I won't tell you what they are because i don't want you to move there.

    7. Re:So, uh, LEAVE by edtice1559 · · Score: 1

      Yes there is. We can provide everybody with a basic income; enough to live in a not-so-populated area, but not enough to live in highly populated areas. This would make it easier for people go get up and leave.

    8. Re:So, uh, LEAVE by __aaclcg7560 · · Score: 1

      Dude, you have an excuse for everything. What a little cry baby.

      This is Slashdot. You must be new around here.

    9. Re:So, uh, LEAVE by avandesande · · Score: 1

      Lots of us have driven to other states for job interviews and then moved. It's not that hard.

      --
      love is just extroverted narcissism
    10. Re:So, uh, LEAVE by blue9steel · · Score: 1

      Now, who is going to take your rubbish away, fix your plumbing, repair sewers, build homes, teach your children, nurse you in hospital etc etc, if none of those people can afford to live in your scintillating wonder-city?

      Robots fairly soon. Until then the lower classes will be pushed outwards and have to put up with long commutes. Wages will rise just enough to offset the cost and inconvenience so that they don't all move to Kansas instead, but not enough to actually make it worth it in terms of quality of life. Being poor sucked in the past, it sucks in the present and it'll suck in the future. Feel free to propose a new socio-economic system that we haven't already tried as the one we're using now is merely the least bad option rather than a perfect solution.

    11. Re:So, uh, LEAVE by myowntrueself · · Score: 2

      No matter their wealth, the kings and castles rely on the services of the townsfolk. Either they all grow together or the kingdom declines.

      As Machiavelli said; you (the Prince) should always take care of the people before you take care of the nobles. You can make and unmake nobles daily but you are stuck with the people (and if they come after you, you are in big trouble)!"

      --
      In the free world the media isn't government run; the government is media run.
    12. Re:So, uh, LEAVE by myowntrueself · · Score: 1

      The problem here is that a city, even in the Bay area, needs low and mid wage workers too in order to function.

      Think about it this way: How is the Bay Area tech industry going to function when there's nobody left to staff their Starbucks'?

      you'd think that homeless people can't staff a Starbucks!

      --
      In the free world the media isn't government run; the government is media run.
    13. Re:So, uh, LEAVE by Nidi62 · · Score: 1

      Think about it this way: How is the Bay Area tech industry going to function when there's nobody left to staff their Starbucks'?

      There will always be people whose startup just flopped that need a new job.

      --
      The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
    14. Re:So, uh, LEAVE by Impy+the+Impiuos+Imp · · Score: 1

      Isn't pretty much the whole west coast bought up with mansions? Except where set-aside for preserves driving coastal prices even higher.

      Anyway, there's plenty of cheap housing in the midwest.

      --
      (-1: Post disagrees with my already-settled worldview) is not a valid mod option.
    15. Re:So, uh, LEAVE by Ichijo · · Score: 1

      If you're saying that to justify rent control instead of higher wages for low paying jobs, I disagree 100%.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    16. Re:So, uh, LEAVE by SScorpio · · Score: 3, Insightful

      It directly does have San Francisco to blame. There are a whole bunch of "Not in my backyarders" who vote down new high capacity housing projects.

      Normally when housing prices spike like they have in San Francisco developers will come in an start building new apartments since they can turn a large profit. But the developers currently can't as any proposed projects keep getting turned down.

      So while prices in major cities and towns have generally always gone up. Areas like San Francisco are well above the norm. And this isn't accounting for all the foreign investment from China buying up property as quickly as they can which causes prices to jump when lots of places sell above asking price due to bidding wars.

    17. Re:So, uh, LEAVE by T.E.D. · · Score: 1

      I guess you didn't read the article. Things like soup kitchens and shelters are being evicted too. Short of scavenging pigeons on the streets, even the homeless are being priced out of the Bay.

    18. Re:So, uh, LEAVE by ooloorie · · Score: 5, Insightful

      TL;DR: If what is going on with SF rents is wrong, then our whole society is wrong, and you can't fix SF without fixing everything else, too.

      San Francisco is a poorly run city, but that's the business of San Franciscans. There will always be poorly run cities (and other organizations, public or private) in the world. You can't "fix" that.A far better solution is to let cities and states make local choices and force them to live with the consequences of their choices. That way, San Francisco can fail, Fremont can prosper, and people can vote with their feet. If you try to "fix our whole society", you just risk such problems become national and taking away any ability of people to get away from bad government.

      What annoys me is the massive state and federal subsidies that flow into San Francisco, to help the poverty and social problems that its misguided policies create, to help it cope with its dysfunctional transportation issues, and to subsidize both its corporations and residents merely for living there. Stop pouring money into SF from the outside, SF prices will drop, and some degree of sanity will be restored.

    19. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      Oh, you poor, poor thing! You are forced to live in a cheap, rent-controlled apartment in San Francisco! What a horrible injustice is being done to you by giving you something at below market rate! How can you possibly cope?

    20. Re:So, uh, LEAVE by chispito · · Score: 1

      There are too many people in California in general and too many people in San Francisco in particular. (Not as bad as LA, but anyway...) I

      Huh? I assume you're talking about the size of the metropolitan area (sprawl) and not population density. San Francisco is far more crowded than Los Angeles because Los Angeles is massive in comparison. There are pockets of high population density within Los Angeles, but there's far more space in between.

      --
      The Daddy casts sleep on the Baby. The Baby resists!
    21. Re:So, uh, LEAVE by T.E.D. · · Score: 1

      Solutions are someone else's problem. I don't live there, so fixing it isn't really my department.

      I will say as a life-long Okie and a minor student of economics (well...I took 101 and 102 in college at least. Got A's.) that price controls rub me very wrong as well. We've never had such a thing here, and my brain has trouble wrapping itself around the concept of them ever being a solution for anything. Temporary stop-gap, perhaps. But they can easily be overwhelmed by market forces, which seems to be exactly what is happening here. There's needs to be a more fundamental solution to the problem.

      Loosening their silly zoning so that more high-density housing could be built would perhaps be a good start.

    22. Re:So, uh, LEAVE by ooloorie · · Score: 1

      We don't need to provide people with a "basic income". If you're willing to move and willing to work, there are plenty of places in the country where you can get by just fine in some job.

    23. Re:So, uh, LEAVE by evolutionary · · Score: 1

      Another bubble in the making....And yes there is something very wrong with this system. It's founded (and continued) by people who want to make money on land, and then the people who purchased want to make money on the same land, etc, etc. Problem with this is basic economics says someone has to lose some time. Economics is like gravity: You can stay in denial, but if you are falling from a great hight without a parachute, you can sail amongst the clouds for a few seconds (relatively), but you'll still go "splat" when you land. The higher the harder. But maybe the splat will be quick enough that you won't feel it when you hit but other people after you will need to clean up the mess.

      --
      "Imagination is more important than knowledge" - Einstein
    24. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      Think about moving to someplace you can afford? Virginia, Iowa, etc.?

    25. Re:So, uh, LEAVE by __aaclcg7560 · · Score: 1

      You are forced to live in a cheap, rent-controlled apartment in San Francisco!

      I live in San Jose and the city restricts rent increases to 8% per year for apartment complexes. If you want stable housing with predictable rents, you want to live in an apartment.

      What a horrible injustice is being done to you by giving you something at below market rate!

      The only reason my rent is below market rate was because rents weren't increase for several years after the Great Recession ended in June 2009 and one-third of the apartments were vacant. Paying several hundred dollars less than market rate is not the same as paying $500 per month for low income housing.

      How can you possibly cope?

      I could pay market rate for a different apartment in Silicon Valley or rent a three-bedroom house in Sacramento. Decisions, decisions, decisions.

    26. Re:So, uh, LEAVE by SvnLyrBrto · · Score: 1

      > I have sympathy for people who are born there as
      > renters and can't afford to leave. I have zero
      > sympathy for people who moved there and then
      > complained that they couldn't make it.

      On that point, I've lived in San Francisco most of my adult life... the better part of two decades... and the "born and raised San Francisco native" is a rare creature indeed. It's always been very much a city of transplants, you'll have better luck finding a proper New York bagel here than a true native, and that was true the day I first moved here. And personally, I think that's one of the things that makes the city fantastic. My own circle of friends includes people from all over the US, plus Korea, the Phillipines, Singapore, Russia, Hong Kong, Mainland China, Taiwan, Vietnam, and Japan... just off the top of my head. So, in a lot of cases, what you're really hearing is: "Everyone who moved to San Francisco after I moved to San Francisco is ruining San Francisco"; a very hypocritical and contemptible position.

      Also, I've been here long enough to see a couple of boom and bust cycles. The busts were some very depressing hard times, and I think the people hoping for another one are short-sighted nitwits who should be required to go spend a year in Detroit before cheering for an economic collapse.

      --
      Imagine all the people...
    27. Re:So, uh, LEAVE by __aaclcg7560 · · Score: 1

      Think about moving to someplace you can afford? Virginia, Iowa, etc.?

      If I ever move out of state, it would be Las Vegas.

    28. Re:So, uh, LEAVE by JBallz · · Score: 1

      Where are you living that people demand increases to teacher wages?

    29. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      Just stay in California. We need to quarantine the contagion.

    30. Re:So, uh, LEAVE by blackomegax · · Score: 1

      But just imagine being paid to live in the mountains somewhere, not having to slave away for a faceless corporation. The true american dream.

    31. Re:So, uh, LEAVE by Fire_Wraith · · Score: 1

      Housing in Vegas is dirt cheap from what I understand. They had a huge housing boom before the great recession, but prices cratered badly afterward since a lot of it had been focused on vacation homes and rental properties. Definitely take a look at moving, though. I wound up moving a year ago from a high cost of living metro area, to a much more reasonably priced one, and live in a luxurious place paying half of what I was before (and could probably pay less if I wasn't enjoying the ridiculous convenience so much), with almost no commute. My only complaint is that the new area isn't really cycling friendly, but I barely have to drive at all, so it's not so bad really. Even aside from money, the amount of stress you save yourself from is just incomparable.

    32. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      So Detroit then? In 1965 living in Detroit was a pretty sweet deal. Now not so much.

      Eventually companies will stop opening shop there and pick somewhere else. Right now it does not look that way because it is 'the' place to be. But a lot can change in 20-30 years.

    33. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      proximity to venture cap, largest (tho most competitive) talent pool

    34. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      Have you ever been there? It's a peninsula with over 1,000,000 people living there.

      You can add all the high density housing you want, but good luck expanding the sewers, BART, streets, parking, power, water, schools, police, fire...

      There's more to a city than buildings, and they take up resources.

      Not to mention that it's all going to crumble in the next big quake.

    35. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      You fail to realize that it's the state intervention that allowed the problem to grow while preventing natural market forces to address the problem. Sure, there is lag in the feedback loop, but it will all be addressed - including the wages of the service workers ("low-ranking jobs") needed to support the "scintillating wonder-city".

      Allow it to balance itself, it will work out.

    36. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      You have stated the solution without realizing it! When the industry workers see the reduction in Starbucks they'll come up with a solution - possibly by paying more for their latte which will make it more affordable for the Starbucks employees to stay.

    37. Re:So, uh, LEAVE by mrchaotica · · Score: 1

      It has happened and continues to happen in every city and every town through all of history.

      Well, there are always counterexamples like Detroit...

      --

      "[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz

    38. Re:So, uh, LEAVE by PeeAitchPee · · Score: 1

      Amen. On the exact opposite end of the spectrum, look at Baltimore -- another one of the poorly run cities you mention. It's been destroyed by decades of policies which caused the erosion of the tax base, massive spikes in violent crime, corruption of local officials who enrich themselves and their lobbyist and developer friends at the expense of the citizens, horrible schools with incompetent administrators, etc. -- ALL paid for by state and Federal subsidies, which means it's funded by people who have no say the continuation of the poor decisions which made the city terrible in the first place and who have zero chance to fix it. Oh, and speak out against this arrangement and you're immediately labeled a brown people-hating racist. Baltimore is such a shitty place to live that the city is now exporting their poor to the surrounding suburbs by buying houses there (which erodes the county tax base because no one pays any property taxes on those houses). It's insanity and has to stop. Cities need to be stand or fall on their own merits and budget -- let them fail if they are unsustainable, but don't force the rest of the country to fund this nonsense against their will.

    39. Re:So, uh, LEAVE by sjames · · Score: 3, Insightful

      It's going to be really funny when the well paid techies discover there are no schools, no police, and no fire department because nobody doing those jobs could afford to live anywhere near there. Perhaps it will take the next great fire to convince people that the current plan is a total loss.

    40. Re:So, uh, LEAVE by sjames · · Score: 1

      It's amazing how much money supposedly practical and profit minded companies are willing to blow on vanity.

    41. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      There are a whole bunch of "Not in my backyarders" who vote down new high capacity housing projects.

      One of the things that makes SF such a beautiful city is precisely the fact that they have restricted such things. Too many cities have turned into overcrowded shitholes because of unimpeded growth and building. And when the economic tids change - and they will - you end up with blight. High capacity housing is ugly, increases traffic to unmanageable levels - high capacity means MORE people using the same roads, and there's the snobbery too. High capacity is for poor slobs.

      In Greenville, SC a high tech park was built and some big names are there - they are just by-passing SF. And more are springing up in the South East. People are catching on. Businesses are realizing that SF isn't the center of tech. In the near future, we will see Silicon Valley become has beens.

      So, SF will have their downturn in the not so distant future.

    42. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      It's inaccurate to say that "developers currently can't". If you've spent any time in SF recently, you'll see the widespread evidence of developers coming in and building, building building. New high-capacity housing HAS gone up all over SoMa and the Civic Center area. The skyline is completely different vs. even 12 months ago.

    43. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      In the same way taxes destroy wealth. Migration can destroy wealth. There is a monetary value in being in a community where your family has lived for multiple generations. The connections you have results in jobs and the creations of small businesses. Migration also results in the duplication of infrastructure.

    44. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      Exactly. Property value has ALWAYS increased near population centers. It has ever been so, and will continue to be.

      Chicago is an exception. Detroit is an exception. New Orleans is an exception. Dayton is an exception. Scranton, Niagara Falls, Buffalo, Pittsburgh, Gary, Cleveland, Youngstown, St. Louis, these are all exceptions. Why? Because the cities themselves have a (shrinking) population, and the local economy is wrecked. Nobody likes to live near a slum city.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    45. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      Your post is overly simplistic. That property rises in value is not the problem. That wages are not following the rise in wealth is the problem. Teachers are a telling case because schools are primarily funded by property taxes. If the value of property rises and teachers wages do not similarly rise then labor market inefficiency is the likely cause of the grief expressed by the populace. Let rent rise with the market. Clearly if wages do not rise in step then we have structural issues in the labor market that are the core of this problem.

    46. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      If they're working at Starbucks, there's a good chance they're one paycheck away from being homeless to begin with.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    47. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      We don't need to provide people with a "basic income". If you're willing to move and willing to work, there are plenty of places in the country where you can get by just fine in some job.

      Tell that to someone who is handicapped and their support system (family, friends, etc) doesn't want to move with them. They may be willing to move, but it takes more than sheer force of will.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    48. Re:So, uh, LEAVE by Frobnicator · · Score: 1

      It has happened and continues to happen in every city and every town through all of history.

      Well, there are always counterexamples like Detroit...

      Detroit is an example of one of those options, not a counterexample.

      I listed a few items that can result in less draw, but they are not the only ones. Anything that reduces draw to a location can do it. High costs can reduce the draw, low costs increase the draw. High wages with low expenses increases the draw, low income / high expense reduces the draw. Companies that are hiring increases the draw, companies going bankrupt or laying off workers will reduce the draw. Services services like education, healthcare, shopping, police, fire control, and so on all modify the draw. Some are a push. Traffic problems are a push. Crime is a push. Bad schools are a push. Lack of services are a push. Etc.

      As long as there is sufficient draw to overcome the problems of the location, whatever that location is, people will move in. When the problems and push are worse than the draw, people move out.

      San Francisco has a very strong draw. The weather, a hub of creativity, many social avenues, many well-paying jobs, education, etc. All of these draws serve to increase property values as well. But the location also has a lot of problems. School systems are troubling, drinking water is scarce and expensive. Traffic, air pollution, crowded areas, crime zones, and very high cost of living. New growth is difficult because expanding services is expensive. The draws pull people in, the problems push people away.

      Detroit once had a strong draw. But it suffered a collapse when many of the major draws vanished simultaneously. Since the city was not diversified, there were no other significant draws that filled them. Little remaining draw, lots of push, people left as fast as they could. As they left, the vacancies created less draw, and problems of crime and blight increased the push.

      San Francisco has lots of draw. The biggest limiters right now are the cost and the availability of physical resources. Most of the resources except land are being brought in at a cost, and land value relates to cost. That makes everything a variable based on cost. So either all the other jobs and roles need to adjust their costs so they can be met, meaning teachers, trash workers, burger flippers, table waiters, bus drivers, soda machine stockers, everyone in the system needs to have their money increased so they can afford the local cost, or those same costs will be an insurmountable push. Enough of those, and the draws start to collapse as well.

      --
      //TODO: Think of witty sig statement
    49. Re:So, uh, LEAVE by Frobnicator · · Score: 1

      Exactly. Property value has ALWAYS increased near population centers. It has ever been so, and will continue to be.

      Chicago is an exception. Detroit is an exception. New Orleans is an exception. Dayton is an exception. Scranton, Niagara Falls, Buffalo, Pittsburgh, Gary, Cleveland, Youngstown, St. Louis, these are all exceptions. Why? Because the cities themselves have a (shrinking) population, and the local economy is wrecked. Nobody likes to live near a slum city.

      You must have missed the bottom half of the post. It had lines like leave the area for a better balance and the region enters a decline.

      You caught the first part how population centers are a draw because of their positive reasons. But you missed the flip side: Problems and drawbacks of a community are a push. The two are generally in flux, the balance drives population changes.

      All of those cities you mentioned had problems where the push exceeded the draw. Draws tend to attract other draws, pushes tend to attract other pushes. Most of the cities you mentioned had a major event that dropped the draw, like many businesses closing at once. If there are no longer enough draws, the pushes start to overwhelm the system and people leave.

      San Francisco has a high natural draw, but could very easily find itself in a decline like the cities you mentioned. It will be more difficult to enter a decline thanks to the beachfront location and other natural draws, but it could collapse nonetheless.

      --
      //TODO: Think of witty sig statement
    50. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      Look up what a business cluster is.

    51. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      You're thinking of the donut hole effect. Unfortunately, that doesn't work when the decline of the city is so bad that the burbs go into decline as well.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    52. Re:So, uh, LEAVE by mattventura · · Score: 1

      Think about it this way: How is the Bay Area tech industry going to function when there's nobody left to staff their Starbucks'?

      One of a few things happens, or some combination:
      1. Starbucks raises prices, pays its workers more. This keeps them from getting gentrified out of the area. Win for the lower class.
      2. Industry suffers due to lack of low-wage workers. Tech companies pull their head out of their asses and stop putting offices in high-rent areas. Since this was much of the source of rent inflation to begin with, rents go back down. Win for pretty much everyone.
      3. It gets to the point where the backwards govt in the area finally allows new housing to be made. Everyone wins (but probably the least likely of the 3).

    53. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      Starbucks vending machines?

      "Would you trade Redbox to go back to Blockbuster Video?" Think about that the next time a college student makes you feel special by writing your name on a cup in sharpie...

    54. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      No it wouldn't. Prices are elastic. Are you going to demand that merchants stop increasing prices in response? This is why democracy is a waste of everyone's time: The plebes have no understanding of the issues at stake so they propose idiot solutions with predictable negative outcomes(like voting for Trump...).

    55. Re:So, uh, LEAVE by The-Ixian · · Score: 1

      Hell, if you are willing to live in Fargo ND (quite literally the middle of nowhere) there are plenty of tech jobs available there.

      Seems that stable midwest locations that are nice and frosty are ideal for data centers.

      --
      My eyes reflect the stars and a smile lights up my face.
    56. Re:So, uh, LEAVE by drinkypoo · · Score: 1

      So, in a lot of cases, what you're really hearing is: "Everyone who moved to San Francisco after I moved to San Francisco is ruining San Francisco"; a very hypocritical and contemptible position.

      I moved to SF to work in tech, I was there for a while, didn't like it much, car got stolen, decided to throw in the towel and go elsewhere. Someone else can have it. That doesn't mean nobody should want it. It just means that it should go to those who want it the most. Clearly that wasn't me, so I didn't whinge, I GTFO. Of course, I'm from Santa Cruz. I don't really want to work hard enough to live there, either. Someone else can run that rat race.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    57. Re:So, uh, LEAVE by drinkypoo · · Score: 1

      I would also consider that sentiment for the tech companies. Why *must* you have your tech company in SF area?

      The same reason they're anywhere; access to resources. In the case of SF, it's access to an educated workforce, an international airport, and an internationally-connected finance community.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    58. Re:So, uh, LEAVE by drinkypoo · · Score: 1

      Isn't pretty much the whole west coast bought up with mansions?

      No, there's plenty of it that just has homes. They do, however, cost mansion prices.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    59. Re:So, uh, LEAVE by ooloorie · · Score: 1
      Whatever special needs and circumstances may make it impossible for a few people to leave San Francisco, they are not at all related to the general question of whether people have a right to stay in some expensive place when they can't afford to anymore.

      Furthermore, having someone who is disabled in my family, a caring family would move with them anyway, not just because it's the right thing to do, but also because it's the rational thing to do.

      Your comment is nothing short of idiotic.

    60. Re:So, uh, LEAVE by HornWumpus · · Score: 1

      If you move to sac, make sure you live downtown. It is where you will fit in.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    61. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      They'll do like Vail and Aspen do and bus in the low-wage workers from surrounding areas. And raise prices to cover this.

      Or, you know, close all the places that use low-wage workers and let all the people that want those services travel vast distances to get there.

      Let them pick their own poison.

    62. Re:So, uh, LEAVE by __aaclcg7560 · · Score: 1

      If you move to sac, make sure you live downtown. It is where you will fit in.

      I'll probably move up to North Highlands. My father had a trailer up there before he passed away. Nice area in general.

    63. Re:So, uh, LEAVE by HornWumpus · · Score: 1

      Went to hell when the airbase closed. Still not quite Rio Linda bad. Further north, less tweak infested. Right off 80 and Watt is kind of hairy, open stroll for years. Kind of cleaned up lately, but really just pushed off street. Everything has shifted in the last 10. H is much more common, as are flat out junkies. Tweak is the same as always.

      I guess what I'm saying is expect to re-calibrate. On the upside, there are some really cheap rents and if you are half stable, the landlord will love you.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    64. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      And then maybe it won't be as desirable, maybe people start realizing the development laws are ridiculous, maybe prices drop, maybe people start coming back.

    65. Re:So, uh, LEAVE by sjames · · Score: 1

      Nah, it'll just die. Nobody will return to a burnt out hellhole.

      If they take appropriate steps to keep the city livable for vital unsung support people they might avert the problem, but the answer isn't to slap together a bunch of shoddy "luxury" apartments. If they go that route, people will just leave and so will the tourists. They can see shoddy high rise apartments in their own city.

      The proper answer would be for wages and prices to go up in proportion, but it seems no matter how rich the area, employers would rather die than pay over minimum wage. They won't die, but their businesses will soon enough if they continue on the current path.

    66. Re:So, uh, LEAVE by Anonymous Coward · · Score: 0

      Because Sand Hill Road.

    67. Re:So, uh, LEAVE by antdude · · Score: 1

      Or a(n) (earth)quake. :P

      --
      Ant(Dude) @ Quality Foraged Links (AQFL.net) & The Ant Farm (antfarm.ma.cx / antfarm.home.dhs.org).
    68. Re:So, uh, LEAVE by drinkypoo · · Score: 1

      Think about it this way: How is the Bay Area tech industry going to function when there's nobody left to staff their Starbucks'?

      Starbucks can go away. Or, they can bloody well pay ten dollars for a latte if that's what it takes for the barista to be able to afford to live near work. Not having people be able to live near work is harmful to everyone because of inefficiencies — if we solve or at least seriously mitigate that problem (e.g. with PRT) then the employees can live somewhere else. Or, we can accept that we need a certain amount of subsidized housing so that we can pay some people dramatically less than the average wage because their job requires less training. Any of these things are workable solutions. Whining about how it's expensive to live someplace where many other people also want to live is not. Suggesting that being born somewhere means that you have a perpetual lease on it is ridiculous; history teems with counterexamples.

      I don't claim to know which of these solutions is best, or even cheapest or most convenient. I only know that being upset isn't the answer. Well, that's not true. I also know that SF could use some gentrification. Big parts of it are absolute holes. If we could find a way to help the people in those areas get out of them or improve them of their own accord instead of trying to crush them into the dirt so that we have a good excuse to kick them all out and redevelop their neighborhoods, I wouldn't mind that at all.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    69. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      You claimed that we don't need to provide people with a basic income. Tell that the the 60% of visually handicapped people who can't get a job.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    70. Re:So, uh, LEAVE by ooloorie · · Score: 1

      You claimed that we don't need to provide people with a basic income. Tell that the the 60% of visually handicapped people who can't get a job.

      People who can't get a job due to disability are already covered by disability payments. "Basic income" is something that is paid to everybody regardless of disability or other life circumstances. That's the whole point of "basic income" and what distinguishes it from other government programs: that it is not means tested or need based.

      Are you really as stupid as you seem to be, or are you just a troll?

    71. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      Combining all the means-tested and needs-tested programs and junking them will help everyone who falls through the cracks, as well as eliminate a lot of the bureaucracy. Why would you be against that, hmm?

      Or to cite your quote right back at you, "Are you really as stupid as you seem to be, or are you just a troll?"

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    72. Re:So, uh, LEAVE by ooloorie · · Score: 1

      Combining all the means-tested and needs-tested programs and junking them will help everyone who falls through the cracks, as well as eliminate a lot of the bureaucracy. Why would you be against that, hmm?

      I think "combining all the means-tested and needs-tested programs" into a basic income would be great. But that's not what we are discussing here. All I did was point out that there are plenty of jobs around the country, so anybody who wants to leave SF right now can already do so.

      As for what you are, your online presence has clarified that: you live in a hell of your own making. What a sad life.

    73. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      Your claim that " All I did was point out that there are plenty of jobs around the country, so anybody who wants to leave SF right now can already do so" is both false and irrelevant/

      False, because as I pointed out, handicapped people require a support system in place, and they won't immediately have that at the new place. Not the family, not friends. So, how is a visually handicapped person supposed to look for a place to live by themselves? Their dog can't tell them that there's mold and rust in the bathtub. This really happens - it happened to me, and it was only because someone warned me after I signed, so off to court for fraudulent misrepsentation.

      Irrelevant, because the question we are arguing about is basic income, which is not specific to San Francisco.

      And false because it's obvious that other places don't have 100% employment either.

      So keep on, troll ... keep on ... you just make yourself look stupider all the time.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    74. Re:So, uh, LEAVE by ooloorie · · Score: 1

      Irrelevant, because the question we are arguing about is basic income, which is not specific to San Francisco.

      Yes, the question we are talking about is basic income, and basic income is irrelevant to people with disabilities because they are already receiving disability payments; that is, whether we adopt basic income or not, people with disabilities wouldn't receive anything more than they already are receiving. Furthermore, as the OP pointed out, a basic income is not designed to pay for living in an expensive place.

      False, because as I pointed out, handicapped people require a support system in place, and they won't immediately have that at the new place. Not the family, not friends. So, how is a visually handicapped person supposed to look for a place to live by themselves? Their dog can't tell them that there's mold and rust in the bathtub. This really happens - it happened to me, and it was only because someone warned me after I signed, so off to court for fraudulent misrepsentation.

      You're (presumably) a legally competent adult and you are receiving disability payments, and you make your own decisions according to your means, your support structure, and your abilities, like everybody else, disabled or not.

      Living in a place like SF (or Montreal) is probably a poor decision for you, both financially and socially, but it's ultimately up to you. A smaller town or city likely has better support and is safer and cheaper as well. If you are unable to live on your own, you might consider an assisted living facility. If you keep running into problems like you describe, that is a good indication that you should probably consider moving and making other changes in your life.

    75. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      Not everybody with a disability receives disability payments. Many street people, including former vets, have mental problems and have fallen through the cracks.

      Also, the question is how someone is supposed to make the move without any support on the other end set up - no doctors familiar with their case, no local support, no family or friends ... no rational adult will cut themselves from that if they can help it, because the result can be deadly. I bet you couldn't do it.

      Living in a small town guarantees worse health care. It's not like the specialists are working in the little towns. Many people find that their choice of place to live is based on where their doctors work - I know people who retired and thought they'd move to the boonies, but nope - no way are they going to live somewhere where they can't be transported to a major hospital quickly. And this week a couple who are living in the boonies have made the decision to sell everything and move to the big city only because there are relatives already there who have scouted out options for them, taking into account their health limitations.

      The doctors have done a good job restoring much of my sight - if I had been living in the boonies, I'd be permanently blind already instead of waiting for the inevitable. It's the same with the PTSD and MDD. There are more options inside a city with a few million people, even more than a smaller city like San Francisco.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    76. Re:So, uh, LEAVE by ooloorie · · Score: 1

      Many people find that their choice of place to live is based on where their doctors work

      And many other people find that they can't move to a medical mecca like SF because they can't afford it. Not only do you demand that we pay for your medical care, you demand that we pay for medical care and a place to live that we would not and could not afford for ourselves. How greedy and selfish can you be?

      In any case, what are you complaining about? You live in Canada, don't you? Aren't you happy with your single payer health care system and your government supported housing?

    77. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      The people who can't afford it now are often people who didn't expect to lose their jobs because of an illness with permanent effects. They made what was a logical choice, and contributed to that society.

      I'm very happy with our single payer health system - pretty much all of us are. I hate government supported housing because it leads to supposed non-profit co-ops making a mint off the poor with substandard housing (and if you live in such a dwelling you have no legal recourse against the landlord). All it does is create ghettos.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    78. Re:So, uh, LEAVE by ooloorie · · Score: 1

      The people who can't afford it now are often people who didn't expect to lose their jobs because of an illness with permanent effects

      And that's because the people of the hinterlands should pay the Barbara Hudsons of this world to live in expensive cities! After all, you deserve it, and screw everybody else, right?

      I'm very happy with our single payer health system - pretty much all of us are. I hate government supported housing because it leads to supposed non-profit co-ops making a mint off the poor with substandard housing

      So stay there and stop telling Americans what to do about basic income or health care or anything else. You made your choice, now live with it.

    79. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      Just goes to show how seriously f*cked up the US is. Your current election race is a symptom, not a cause. Nothing will change unless the system is given a really catastrophic boot in the arse - maybe Trump, as bad as he is, will deliver that much. Clinton sure as hell won't deliver any real change, and the DNC has been doing everything they can to screw over The Bern.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    80. Re:So, uh, LEAVE by ooloorie · · Score: 1

      Yeah, the system is seriously fucked up because of selfish, greedy people like you, whether you vote for right wing populism (Trump) or left wing populism (Bern).

    81. Re:So, uh, LEAVE by BarbaraHudson · · Score: 1

      Don't be stupid. I would never vote republican or democrat. I am fortunate enough to live elsewhere. So, how's the FBI's latest end-run around the constitution, with presidential ascent, and bipartisan support, working out for you?

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    82. Re:So, uh, LEAVE by ooloorie · · Score: 1

      So, how's the FBI's latest end-run around the constitution, with presidential ascent, and bipartisan support, working out for you?

      Doesn't affect me, and I couldn't care less. I think only a fool would trust the government to protect their privacy, just like only a fool would rely on government for health care, income, or housing.

    83. Re:So, uh, LEAVE by cwsumner · · Score: 1

      Our whole society is founded on the way that the universe works. It is not just a thought people had or a law they made. If that is not recognised, then any laws made ignoring the universe and the laws of thermodynamics, are going to fail. The founders of this country knew this, but a lot of the world does not know it...

      Economics is not just a law people made, it's Mother Nature's laws and you break them at your peril!

      That doesn't mean that people can't be good to each other, it just means that they can't always afford it.

    84. Re:So, uh, LEAVE by cwsumner · · Score: 1

      Actually, being poor doesn't suck as much as rich people think it does. Particularly if you don't have to live in a city. But some poor prefer the cities anyway because they are less work.

      When the lower-income people move away, the rich will have to pay a lot more for help. When it rises enough the people will start to move back, some.

      Normally developers would build more low cost housing, but if they are prevented then costs just keep going up. When it gets bad enough even the rich move away. Finally prices drop and people start to move back, sometime in the next century. But it might have turned into a wreck before that...

      Making laws based on wishful thinking will not stop natural forces, but it might divert them into places that you definitely do not want.

    85. Re:So, uh, LEAVE by cwsumner · · Score: 1

      But just imagine being paid to live in the mountains somewhere, not having to slave away for a faceless corporation.
      The true american dream.

      There are already plenty of people living there, and they are not interested in getting anything from the government. Or even telling the government that they are there...

      But you are welcome, as long as you don't bring the government with you. 8-)

      You know that comic strip "Snuffy Smith"? Well he "lives down the road" about 30 miles from me!

  5. Move to Austin... by Anonymous Coward · · Score: 0

    How about just move to Austin? Rent is cheaper, good amount of tech companies, and the native Texans regard anyone from California with respect and awe.

    1. Re:Move to Austin... by Improv · · Score: 2

      The best reason to be wary of Austin is traffic. The city has seen tremendous growth over the last decade and their transit system is inadequate and hard to fix.

      The second best reason is because the state politics are bonkers (California's politics are crazy in a different way).

      Still, Austin's a very nice city in a lot of ways.

      --
      For every problem, there is at least one solution that is simple, neat, and wrong.
    2. Re:Move to Austin... by Anonymous Coward · · Score: 0

      The best reason to be wary of Austin is traffic.

      And the fact that you can't buy a house within the city limits unless you're willing to spend $300-500k unless you want to live in a broken-down shithole.

    3. Re:Move to Austin... by Improv · · Score: 1

      Nobody cares about city limits these days. We're talking about Greater Austin.

      --
      For every problem, there is at least one solution that is simple, neat, and wrong.
    4. Re:Move to Austin... by boristdog · · Score: 1

      Austin traffic is okay as long as you don't have to drive north-south. Those routes have not changed since the late 70's, and you will eventually go into a murderous rampage if you do it every day.

      Or you'll drink more and/or take more drugs. That's how most people deal with it.

    5. Re:Move to Austin... by rossdee · · Score: 1

      I think SF has better weather than Austin (TX) which is too hot in the summer, or Austin (MN) which is too cold in the winter

    6. Re:Move to Austin... by Fire_Wraith · · Score: 1

      You could barely buy a townhouse 1-2 counties out from Washington D.C. for that, let alone inside the city, nevermind someplace as insane as San Francisco. Austin may be getting expensive compared to other cities in Texas, but it's got a long way to go before it hits those levels.

      Traffic is definitely a big deal though - commuting sucks, and so many places in the US just are not built for anything other than taking long, painful drives into the city each day.

    7. Re:Move to Austin... by LynnwoodRooster · · Score: 1

      The best reason to be wary of Austin is traffic.

      Apparently you're not familiar with SF or LA traffic. I'd take 3 days of Austin over 1 day in either one of those places... Nothing like 2 hours to go 28 miles - and that's not even through the city, just the suburbs (Burbank to Westlake Village)!

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    8. Re:Move to Austin... by unixisc · · Score: 1

      Precisely! Speaking of the Bay Area, the 101 is more often then not a Parking lot, and every day on the radio, there is news of some slowdown along the McArthur Maze. The only place where I've seen comparably insane traffic is Atlanta, where on SATURDAYS, the Perimeter is backed up heavily in one direction.

    9. Re:Move to Austin... by HornWumpus · · Score: 1

      native Texans regard anyone from California with respect and awe.

      A feeling that is completely mutual.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    10. Re:Move to Austin... by drinkypoo · · Score: 1

      You have options around SF, you can (if you are dedicated and educated) sneak around the traffic most times. Around LA, you are screwed hard. Austin is only necessarily bad if you are going North-South, but that is reputedly quite awful now, definitely on a Californian level. This seems highly appropriate because Austin has long been much like a slice of California which was plunked down in the middle of Texas as a practical joke. You know, sort of "ha-ha, that's your capital now, enjoy the hippies!" I jest, but it's the only place in Texas I'd actually want to live, with the caveat that I would not be willing to live far from work. I lived there almost twenty years ago now, so my opinions about specific neighborhoods would be utterly irrelevant, but I lived five minutes' walk from work and it took nearly all the frustration out of living there. I had a good time in Austin, and I probably would have stayed if I didn't have personal issues I could only work out by returning to California to confront my... uh, demons.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  6. The real problem by Fire_Wraith · · Score: 5, Insightful

    The real problem is that San Francisco adamantly refuses to build more housing to meet demand. Sorry, but that's the way the market works. If you don't increase the supply to meet the demand, the price is going to go up as the demand does. Instead, though, they insist that they want to keep it "the way it is", not build new apartment buildings that might relieve some of the excess demand for housing, and the corresponding infrastructure to go with it. That leaves them only with hoping that the demand goes down, which is idiotic.

    I hope it does go down though - I hope the tech industry increasingly decides to just say "F**k San Francisco" and moves elsewhere, where there's more land, cheaper cost of living (because at this point almost anywhere is cheaper), and less insane/stubborn neighbors. San Francisco has its upsides, sure, but none that are worth enough to make me want to live there unless you're offering me 4-5 times as much as I make elsewhere. Let San Francisco's economy tank, because that's what they clearly would prefer to actually dealing with the boom that most cities would bend over backwards for half of.

    1. Re:The real problem by Improv · · Score: 3, Informative

      Sorry, but how democracy works is people have the ability to decide what their city is like. Democracy is more important than markets.

      --
      For every problem, there is at least one solution that is simple, neat, and wrong.
    2. Re:The real problem by Anonymous Coward · · Score: 2, Insightful

      They can decide to make it however they like; it's just silly to prevent housing expansion and simultaneously complain about housing costs.

    3. Re:The real problem by eth1 · · Score: 3, Interesting

      Sorry, but how democracy works is people have the ability to decide what their city is like. Democracy is more important than markets.

      Yes, and the people of SF have apparently decided that forbidding additional development is preferable to lowering prices by increasing supply. So they should either shut up about the cost, or allow development.

    4. Re:The real problem by Improv · · Score: 2

      They can grumble about whatever they like. Perhaps it's more complicated than you think and something else could give. If it is actually that simple, all that happens is that they grumble about something that can't be fixed given their starting ground. It's hard to tell if something else can give, so the grumbling isn't necessarily pointless.

      --
      For every problem, there is at least one solution that is simple, neat, and wrong.
    5. Re:The real problem by shawn2772 · · Score: 2

      Sorry, but how democracy works is people have the ability to decide what their city is like. Democracy is more important than markets.

      And the voters can vote that the sky should be a deeper shade of blue on Sundays, and that the value of pi should be a nice, round 3.

      Democracy doesn't changes the laws of physics, mathematics or economics. If demand increases and supply stays constant, price goes up.

    6. Re:The real problem by Anonymous Coward · · Score: 0

      Sorry, but how democracy works is people have the ability to decide what their city is like.

      Colorado decided they don't like Californians, yet Californians keep moving there. Maybe they should democratically ban them.

      It's still democracy if we decide different things on different scales. Countries are allowed to set immigration policies, so it's not "immoral" to say some Mexicans moved here illegally and some are here fairly like other immigrants. States aren't allowed to set immigration policies, so Californians can move to Colorado, and the people of Colorado can't do a thing about it. Cities shouldn't be setting Jim Crow immigration policies, either, whether it be using smarmy regulations to block construction or physically mobbing and assaulting people with rocks. They can continue "hoping", but that's about it, if things are working as intended. San Franciscans are very creative about their awful behaviour, so maybe they can figure out a legal way to do stuff they shouldn't be doing, but it's not part of an essential democratic model that they be allowed to do it. It's more akin to strategies for keeping Blacks out of your suburb.

    7. Re:The real problem by __aaclcg7560 · · Score: 2, Informative

      The real problem is that San Francisco adamantly refuses to build more housing to meet demand.

      Even if San Francisco did allow more housing, developers will want to build more luxury housing and apartments to maximize their profits. My apartment complex in Silicon Valley had three different corporate owners in as many years. Each one slapping on a coat of exterior paint, redoing the landscaping, charging "luxury" rental rates and selling the complex when they don't get their expected return on investment. The current corporate owner is actually renovating the apartments since exterior paint and landscaping doesn't justify the luxury rental rates.

    8. Re:The real problem by blue9steel · · Score: 1

      So far, they've been deciding they like it just the way it is.

    9. Re:The real problem by Anonymous Coward · · Score: 0

      > refuses to build more housing to meet demand

      Which is good because that raises prices. I was priced out of my neighborhood and had to flee after the typical five story mixed-use condos were built on three sides of my building. Rent in my building doubled over a four year period because of the new construction. We need to put an end to it.

    10. Re:The real problem by Anonymous Coward · · Score: 0

      The real problem is that San Francisco adamantly refuses to build more housing to meet demand.

      New housing increases prices! I live in neighborhood in Seattle that is having gentrification shoved down our throats. The rent in all of the new buildings are 75-150% more expensive. Newer building are obviously more expensive. We need to keep those wealthy developers from building and taking advantage of us.

    11. Re:The real problem by Ichijo · · Score: 2

      Even if San Francisco did allow more housing, developers will want to build more luxury housing and apartments to maximize their profits.

      And then the not-so-wealthy will move into their old apartments, and then the less-wealthy-than-that into theirs, and so on.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    12. Re:The real problem by b0bby · · Score: 2

      Even if San Francisco did allow more housing, developers will want to build more luxury housing and apartments to maximize their profits.

      That just shows how much demand there is. At some point, there will be no more rich people who want to live in San Francisco, and developers will start to concentrate on moderately priced housing.
      It really does seem like the problem is simple - more people want to live there than the existing housing supply can support. So you can either build more housing or (as the article suggests) hope to crater the economy so fewer people want to live there. If it were me, I'd choose building more housing.

    13. Re:The real problem by SScorpio · · Score: 1

      That's because there is high demand for "luxury" rentals. If developers could build new housing there would be a point where the demand for "luxury" could stop increasing. When that point is reached moderately priced housing would be constructed, and finally low income housing.

      It's all just supply and demand. Everyone wants the red tulips and are willing to for them. After supply reaches the level of demand prices will drop and the supply of blue tulips would increase as the producers shift what they are making to keep demand and maximize profit.

    14. Re:The real problem by __aaclcg7560 · · Score: 2

      And then the not-so-wealthy will move into their old apartments, and then the less-wealthy-than-that into theirs, and so on.

      This would be true in an ideal market where the population is relatively stable. San Francisco has too many people who want to move into town. The landlord of the old apartment will slap on a coat of paint, install new carpets and granite countertops, and jack up the rent so much that only an outsider can afford to pay.

    15. Re:The real problem by Anonymous Coward · · Score: 0

      That is happening here in Capitol Hill neighborhood in Seattle. The wealthy, Republican land owners hate us and are forcing us out of our homes.

    16. Re:The real problem by __aaclcg7560 · · Score: 2

      At some point, there will be no more rich people who want to live in San Francisco, and developers will start to concentrate on moderately priced housing.

      It's not San Francisco. It's a nationwide problem as developers are focused almost exclusively on luxury housing.

      http://thinkprogress.org/economy/2015/05/22/3662239/luxury-housing-80-percent-developers/

    17. Re:The real problem by Anonymous Coward · · Score: 0

      No, they can grumble about it, and I (and others) can call their behavior delusional, moronic, idiotic, short-sighted, and whiny as they grumble,

      They continue to vote down density increases in the false hope that this will stop all change, and then complain when it fails to have that effect.
      It actually *is* that simple.

    18. Re:The real problem by Anonymous Coward · · Score: 0

      Prices won't decrease due to increased supply. The only housing that will be built is at or above the current price. It will then either sit vacant or be sold as additional vacation homes for the rich. Sadly, the only option is for working people to leave but even then it's only temporary until the rich shit up wherever they move to.

    19. Re:The real problem by edi_guy · · Score: 1

      This isn't true at all. There have been thousands of new units built in the past five years and more in the pipeline (http://sf.curbed.com/2015/7/16/9939720/sf-is-set-to-add-more-than-3600-housing-units-each-year-through-2022). But much like other desirable cities, the 'demand' to live in San Francisco is essentially unlimited, Just like Hong Kong and New York City, Tokyo, Vancouver and a hundred other places you can build skyscrapers on every plot of land and rent will still be super expensive ! You can argue the merits of why people want to/need to come here, but clearly they do so that discussion is moot. Knowing this the current residents of SF can make a choice. Turn the city into NYC of the West (yuck) or chill-out, keep the aesthetic charm of the city somewhat intact, and just wait for the next business cycle to play out. San Francisco no more has a housing crisis than there is a Porsche crisis. Yes, Porsche's are expensive and not everyone can afford one. Your father (or step-mother) may have had one, but that doesn't mean you will get one. That's life, not a crisis. Syria has a housing crisis...not SF.

    20. Re:The real problem by Fire_Wraith · · Score: 1

      This is entirely true, up to a point, because there's just so much pent up demand and so much money. This wouldn't have been as much of a problem if they'd started acting long ago, and now they're behind the 8-ball instead.

      Also, I should note that it's entirely common to for cities and municipalities to require that developers build a certain amount of affordable housing, as a condition to gaining the permits to build expensive housing. They gladly do it, because it's a small price to pay for the money they'll make, especially in a market as overheated as San Francisco.

    21. Re:The real problem by Fire_Wraith · · Score: 1

      It's certainly a problem. The easiest answer is requirements to build affordable housing as well, as a condition of the permits.

      Either way, it's certainly not solved by refusing to allow new housing to be built, since that simply increases the demand for the existing units, who will get remodeled and upgraded to better compete for the ridiculous sums of money being thrown around. When only rich people can afford to live there, you're not going to be able to get away with renting/selling them a dump. They'll pay for something nicer.

    22. Re:The real problem by Anonymous Coward · · Score: 0

      ..which happens because of inadequate housing supply.
      Allow increase density, and developers will develop until there is a glut of housing. .. rents will fall, housing prices will fall, and renters will be happy.
      Homeowners will not be happy, because they've lost money in the deal.

    23. Re:The real problem by __aaclcg7560 · · Score: 1

      Homeowners will not be happy, because they've lost money in the deal.

      That's always a problem in California. An elderly neighbor brawled me out for having dead petunias in the front yard, causing the value of her house to drop by $25,000 in a rising market. Never mind that she wasn't selling the house, where the realized value may differ significantly from the perceived value.

    24. Re:The real problem by __aaclcg7560 · · Score: 1

      They gladly do it, because it's a small price to pay for the money they'll make, especially in a market as overheated as San Francisco.

      Developers may love it, but homeowner associations hate it. Some HOA's don't want those people moving into their neighborhood, causing problems and lowering house values.

    25. Re:The real problem by Anonymous Coward · · Score: 0

      No normal person wants to live in a peepee-soaked heckhole. So get out!

    26. Re:The real problem by eth1 · · Score: 1

      They can grumble about whatever they like. Perhaps it's more complicated than you think and something else could give. If it is actually that simple, all that happens is that they grumble about something that can't be fixed given their starting ground. It's hard to tell if something else can give, so the grumbling isn't necessarily pointless.

      Well, one thing I didn't think about when I wrote the GP post was that if owners and landlords (who are potentially benefiting from high prices) outnumber the renters (who are getting screwed), then "democracy" means that the renters will continue to get screwed, and they have a legitimate complaint.

    27. Re:The real problem by sjames · · Score: 1

      That's what the 'Franciscans hope for as well. They don't want to live in a character free zone where people slap overpriced high rise apartments up.every few days. Perhaps it is time to give them what they want, they were there first. Their economy was OK before and it can be OK again. Right now, it is in the tank. This is the classic Wall Street vs. Main Street economy.

    28. Re:The real problem by unixisc · · Score: 1

      The real problem is that San Francisco adamantly refuses to build more housing to meet demand. Sorry, but that's the way the market works. If you don't increase the supply to meet the demand, the price is going to go up as the demand does. Instead, though, they insist that they want to keep it "the way it is", not build new apartment buildings that might relieve some of the excess demand for housing, and the corresponding infrastructure to go with it. That leaves them only with hoping that the demand goes down, which is idiotic. I hope it does go down though - I hope the tech industry increasingly decides to just say "F**k San Francisco" and moves elsewhere, where there's more land, cheaper cost of living (because at this point almost anywhere is cheaper), and less insane/stubborn neighbors. San Francisco has its upsides, sure, but none that are worth enough to make me want to live there unless you're offering me 4-5 times as much as I make elsewhere. Let San Francisco's economy tank, because that's what they clearly would prefer to actually dealing with the boom that most cities would bend over backwards for half of.

      Does San Francisco really have any more headroom to increase supply to address the demand? I'm not sure there is. Aside from having the most control freaks of a government and a populace that wants to regulate everything, the biggest issue about San Francisco is that it is completely packed.

      I agree w/ you about the tech industry. They have their own financial pressures, but despite that, they have a fetish towards being based in San Francisco that defies comprehension. I could have understood the trend in the 90s, but today, w/ so much of work going on remotely, there is a good case for them to be more distributed - like the cloud - and have people work from wherever they are. Maybe have small offices in cities where they might have quite a number of employees, but other than that, avoid paying fortunes to line the pockets of property owners in San Francisco

    29. Re:The real problem by sjames · · Score: 1

      More likely the whole place will burn down because the last fireman had to move or be homeless.

    30. Re:The real problem by Anonymous Coward · · Score: 0

      I sincerely doubt the property owners are complaining about the price increases. It's not the same group of people saying both things.

    31. Re:The real problem by Anonymous Coward · · Score: 0

      They have another option: City tax. Set a progressive tax to go from 70% at 100,000 to 98% at 150000 and see your housing problem disappear.

    32. Re:The real problem by Anonymous Coward · · Score: 0

      Sorry, but how democracy works is people have the ability to decide what their city is like. Democracy is more important than markets.

      Yeah, and now they pay for their stupidity. Democracy = the people get what they deserve!

      They thought they were forcing out the poor and undesirables by zoning against development... well now _they_ are the poor and undesirables.

    33. Re:The real problem by RR · · Score: 1

      Homeowners will not be happy, because they've lost money in the deal.

      That's always a problem in California. An elderly neighbor brawled me out for having dead petunias in the front yard, causing the value of her house to drop by $25,000 in a rising market. Never mind that she wasn't selling the house, where the realized value may differ significantly from the perceived value.

      The home ownership that Redfin was highlighting is part of the problem with housing prices in San Francisco. Half a century ago, when the US government made private home ownership a national priority, it seemed nice to the citizens that housing prices go up faster than inflation. That makes home ownership a sound investment. But several decades of home values steadily ratcheting up, and house prices become so expensive that only super-rich and banks can own them. We’re seeing this first in San Francisco, but it could become a problem in the entire country.

      I’m fine with a house’s price going up if there are improvements. My grandparents installed a flagstone driveway and extensive skylights and a bunch of other improvements that made their home nicer than when they bought it. My problem is with pouring money into a mortgage, simply because the next schmuck has to pour even more money into the mortgage.

      Teachers can’t afford to own a house in San Francisco, but maybe they shouldn’t own. They should rent.

      --
      Have a nice time.
    34. Re:The real problem by __aaclcg7560 · · Score: 1

      But several decades of home values steadily ratcheting up, and house prices become so expensive that only super-rich and banks can own them.

      Inflation didn't become an issue until after President Nixon took the dollar off the gold standard in 1972. My parents bought a house in Silicon Valley in the early 1960's for $32K. If they haven't sold the house in the late 1970's for a $25K profit, and kept it until they retired in the 1990's, they would have made a $900K profit. My father swore that renting a house would never cost more than $400 per month after selling the house. Besides getting married, this was one of the biggest mistakes my parents ever made.

    35. Re:The real problem by Anonymous Coward · · Score: 0

      Inflation didn't become an issue until after President Nixon took the dollar off the gold standard in 1972.

      You need to read up on the Great Depression some time. Inflation rates from 1916 to 1920 were over 10%. Then rapidly switched to -10%. The gold standard was such a wonderful thing back then too?

    36. Re:The real problem by HornWumpus · · Score: 1

      Exactly. I'm just waiting for SF to have a Republican mayor. I'll LMAO.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    37. Re:The real problem by Anonymous Coward · · Score: 0

      peepee-soaked heckhole

      We don't allow that kind of language on /. you fucking festering cunt.

    38. Re:The real problem by brunes69 · · Score: 1

      I am sorry buto you are wrong and the GP is right. I was just in San Francisco a few weeks ago for the RSA conference and it was my first time. The very first thing that stuck me driving I to down was the ASTOUNDING LACK OF DEVELOPMENT. For the population size of this city the lack of high-rise condos is very mind bending. Go to any other large metropolitan area in North America and it would have 10x the high rise condos as San Francisco. The residents of that his city are truly digging their own grave by disallowing development.

    39. Re:The real problem by thejynxed · · Score: 1

      Yes, they have the room. The problem is that the local zoning ordinances are absolutely insane, on top of the the state environmental ordinances which are insanity piled on top of insanity.

      I know of very few places in the world that place such extremely small footprint and height limitations on housing (or any new building for that matter), let alone the state tacking on the requirements for an environmental study that could take up to 5 years to perform with no guarantee of a positive outcome for the applicant.

      --
      @Mindless Drivel: 100% of Twitter posts ever Tweeted.
    40. Re:The real problem by Harinezumi · · Score: 1

      And that is fine! Today's luxury housing will be middle-class housing in a couple of decades and low income housing in a few more. The rich who move into the new luxury housing vacate older housing, making it more affordable.

    41. Re:The real problem by drinkypoo · · Score: 1

      San Francisco is a pathetically low-lying city (those parts which aren't on the side of a hill) half-built on landfill in a zone threatened by sea level rise and highly seismically active. Building more of it is not the answer, especially upwards.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    42. Re:The real problem by drinkypoo · · Score: 1

      And that is fine! Today's luxury housing will be middle-class housing in a couple of decades

      Nope. It will be a shit shack in a couple of decades because homes aren't built like they used to be. The mansions of (e.g.) the 1940s were made of actual two inch by six inch two-by-sixes, to say nothing of the less-than-two-by-four-inch-two-by-fours that dominate home construction today. They were then covered with wooden lath and plastered over; sheet rock is just as sound as plaster and cheaper to put up, but the lath is now gone. The sidings were heavier, too.

      Also, the poor can't afford to move into shit, because the banks won't lower the prices to what they can pay because if they do that then their inflated values based on their real estate holdings will drop straight into the shitters. There are multiple vacant homes for every homeless man, woman, and child in the USA. This is impossible without refusing to price them at what the market will bear. Homes which are not lived in deteriorate rapidly even if they are not broken into and used as meth labs and/or looted for their fixtures as they are invaded by vermin and damaged by condensation, especially if they are modern crap shacks made out of sticks and glue.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    43. Re:The real problem by cwsumner · · Score: 1

      Democracy is a way to decide what to do. Economics is the way the universe works. Deciding to go against the universe is not going to work. If you decide to do something that doesn't work, it fails.

      Just because you vote for something, doesn't mean you can make it happen.
      Like voting to make the value of Pi equal to 3.0 !!

    44. Re:The real problem by cwsumner · · Score: 1

      More likely the whole place will burn down because the last fireman had to move or be homeless.

      Other places have volunteer fire departments, or with a core of paid and the rest volunteer. There is a pretty good range of people, rich to poor.

      But then, other places don't screw up the housing that bad by making dumb laws.

      Maybe part of the problem is that, in SanFran, very few people have sufficient technical training to understand feedback systems and dynamic stability?
      Except that the arts types I have known did understand some of that, just "from the other direction".

    45. Re:The real problem by sjames · · Score: 1

      When the bulk of residents work in SV, I don't see much hope for a volunteer fire department in a place stupid enough to not pay police, fire, and other key support people enough that they can afford to live there. I can just see the volunteers stuck in 2 hours traffic heading to the fire.

      If they remove the housing laws, SF loses the tourist trade entirely. People can see a soulless yuppie village anywhere. If they index their minimum wage to the median income, pay support workers adequately, and pay for it with a progressive tax, they'll solve the problem without killing the city.

    46. Re:The real problem by Improv · · Score: 1

      Science is how the universe works. Markets are actually pretty flexible - they've existed in a great variety of legal environments.

      --
      For every problem, there is at least one solution that is simple, neat, and wrong.
    47. Re:The real problem by cwsumner · · Score: 1

      Science is how the universe works. Markets are actually pretty flexible - they've existed in a great variety of legal environments.

      Science is a way of finding out how things work.
      Markets are what people do when they have to deal with economics.
      You can change markets by making laws, but you can't change economics by making laws. 8-)

  7. Don't be a gentrifier; do tech somewhere else by bigsexyjoe · · Score: 2

    Okay, maybe if you literally get a job with Google, move there. But otherwise, why? The pay premium you get from living there doesn't make up for the sky-high housing costs. And most of these people live in San Fransisco and then do a long commute out to a suburban area. It's really not worth it.

    The tech market is hot. The main implication of that is you don't have to move to a special city to do tech. You can work somewhere like Chicago instead. There is still a big tech community, the opportunity to work with cutting edge tech, a much bigger city, AND you get to live in a four bedroom house on programmer pay and only commute a half hour on the train.

    If the people of San Fransisco don't want you, don't bother them. You can live anywhere. Probably somewhere nicer.

    1. Re:Don't be a gentrifier; do tech somewhere else by Anonymous Coward · · Score: 0

      But otherwise, why?

      A large job market is incredibly good for your career. When you don't have much career, you get disproportionate benefit from doing things that are good for it. It's like saving for retirement except much more powerful. You need to do it aggressively and early.

    2. Re:Don't be a gentrifier; do tech somewhere else by shawn2772 · · Score: 1

      Okay, maybe if you literally get a job with Google, move there. But otherwise, why? The pay premium you get from living there doesn't make up for the sky-high housing costs. And most of these people live in San Fransisco and then do a long commute out to a suburban area. It's really not worth it.

      The above is a mixture of factual statements and value judgements stated as facts. The factual statements are true... the value judgements are value judgments and what's true for you is not true for everyone.

      You mentioned Google. I work for Google, and so I know and work with a lot of Google employees who live in San Francisco. Most of them do exactly what you said: Live in San Francisco and then do a long commute out to a suburban area (Mountain View), where they work. You say "it's really not worth it"... but they say it absolutely is worth it. They like living in San Francisco and are perfectly happy to pay ridiculous rents and spend two hours per day commuting. Some of them accept the commute because they get to ride on a nice company-provided bus, but most of them would still do it if the bus weren't available, using mass transit or even driving themselves. They like the city that much.

      This is the bottom line: You can't tell people what to want, not if you want them to listen. They want what they want, and lots of people like living in the city. Hell if I know why. I live in rural Utah and love it; I can afford a nice house with plenty of space, ten miles from a world-class ski resort. Living cheek-by-jowl with millions of others sounds like a nightmare to me, but obviously I'm in the minority because the reason it's cheap to live where I do and expensive to live in SF is because few people want the former and lots want the latter.

      Well, part of the reason not many people want to live where I do is because of limited employment opportunities, but that's clearly not the issue with the tech employees who live in SF and work in the bay area. If I had to work in the Mountain View office, I'd live in Gilroy or similar, where I could have the wide open spaces and lower cost of living I prefer, and I'd have about the same commute on the same sort of bus that my colleagues in SF have. And they could totally do that, too, but they don't because they like the city.

      You can try to make a moral argument -- and maybe that's what you were trying to do -- that people who are able to live anywhere should choose not to live in SF to avoid being the evil "gentrifiers", but I don't think you're going to have much luck with that. There's a moral argument that I should live in a small apartment in the city in order to reduce my environmental impact, and while I see the point I will still live where I do because life's too short to be miserable if you have the ability to choose.

      You can also try to convince people that they'd be just as happy in, say, Chicago, as in SF. You may have a slightly higher success rate there, but there are big differences between Chicago and SF, and many people do prefer SF.

      The real solution here, as has been stated many times, is for the city of San Francisco to stop restricting the construction of new housing. It's the more or less fixed housing supply in the face of increasing demand that has created the problem. Rent control is another big piece of the problem, even though it's intended to be part of the solution. Start approving high-density housing construction and phase out rent controls and the problem will go away. There will still be people who are priced out of living in the city. That's just reality. But there will be far fewer such people.

    3. Re:Don't be a gentrifier; do tech somewhere else by fluffernutter · · Score: 1

      Just out of interest, how many people doing that long commute have families? You know, with kids.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    4. Re:Don't be a gentrifier; do tech somewhere else by BarbaraHudson · · Score: 1

      It's the tech industry's fault, but I thought the Internet was going to change all that. Guess the tech industry doesn't want to eat their own dog food.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    5. Re:Don't be a gentrifier; do tech somewhere else by Anonymous Coward · · Score: 0

      *pfft* ... who are you to "not want _me_"? All the more reason to go and take over the place. Maybe the new population will vote for pro-growth zoning and regulations.

    6. Re:Don't be a gentrifier; do tech somewhere else by shawn2772 · · Score: 1

      Just out of interest, how many people doing that long commute have families? You know, with kids.

      Not many, I don't think. Most of my colleagues with families live in the burbs where the price of enough space to house their kids is a bit less insane (still insane, but a bit less).

    7. Re:Don't be a gentrifier; do tech somewhere else by fluffernutter · · Score: 1

      Not that having kids and a family is a right, per se, but being prevented from participating in the cycle of life because people want a certain type of job in a certain type of place is a bit sad.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    8. Re:Don't be a gentrifier; do tech somewhere else by shawn2772 · · Score: 1

      No one is being prevented from having a family.

    9. Re:Don't be a gentrifier; do tech somewhere else by fluffernutter · · Score: 1

      Ok but that's what I was asking.. how many people actually have families? If most people feel the housing is inadequate for a family, then they are being prevented from having a family. Assuming you have a boy and a girl and you don't want either of them sleeping in your room, you need to be able to afford at least a three bedroom house.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    10. Re:Don't be a gentrifier; do tech somewhere else by cbhacking · · Score: 1

      This applies to existing businesses and entrepreneurs as well. Stop trying to start new businesses in the Bay Area! Yes, there's lots of local talent, but they're going to be bloody expensive because nobody will work for you in the bay area unless you pay through the nose, and your office space won't be cheap either. In an online world, finding people who will come work for your company is less a matter of how many people are in the area where you're located, and more of how many people want to come work where you're located. Move somewhere nice that *isn't* so crazy-expensive, and you'll find lots of people who are willing to move there because even on lower salary, they'll still get to keep more of their pay after rent/mortgage.

      Chicago, Denver, Austin, Seattle, and many other cities already have some tech scene, but are nowhere near as crowded and overpriced as SF. Go start your new company, or open a new office, in one of them. Feel free to recruit in the Bay Area, and if anybody sounds hesitant to move remind them that they can get a better place for 1/3 the money in the new city.

      --
      There's no place I could be, since I've found Serenity...
    11. Re:Don't be a gentrifier; do tech somewhere else by shawn2772 · · Score: 1

      Ok but that's what I was asking.. how many people actually have families? If most people feel the housing is inadequate for a family, then they are being prevented from having a family. Assuming you have a boy and a girl and you don't want either of them sleeping in your room, you need to be able to afford at least a three bedroom house.

      Sure, so when you decide to have a family you move out of the city.

    12. Re:Don't be a gentrifier; do tech somewhere else by drinkypoo · · Score: 1

      It's the tech industry's fault, but I thought the Internet was going to change all that. Guess the tech industry doesn't want to eat their own dog food.

      Don't blame it on the tech industry; if internet collaboration were as magical as people think it is, then OSS would have destroyed proprietary software already. The truth is that face to face interaction is still superior, and having "everyone" (important, anyway) under one roof most of the time helps keep everyone going in the same direction.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    13. Re:Don't be a gentrifier; do tech somewhere else by BarbaraHudson · · Score: 1

      True, but sometimes I think that having everyone under one roof just drives people nuts :-)

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
  8. I can't afford to live in Manhattan, so I don't. by Anonymous Coward · · Score: 0

    What the hell makes San Francisco so special? Besides the cable cars and sourdough bread, I mean.

  9. Re:I can't afford to live in Manhattan, so I don't by Luthair · · Score: 3, Insightful

    Yea, San Francisco isn't alone here. In Canada most people can't afford a house in Vancouver or Toronto, neither of which are related to tech startups. Heck, people with disposable income are what support all the quaint places that make living in these places desirable.

  10. Demolition Man? by yodleboy · · Score: 1

    the movie Demolition Man Seems oddly prescient now. I believe it was LA, but seems San Francisco is trying to build their own version. Clean, shiny, everyone trying desperately to not offend anyone else, and those who don't or can't fit the mold are swept out of sight. Does this happen in other places? Sure, but it's sadly ironic that the center of the free love, countercultural revolution has come to this.

    1. Re:Demolition Man? by JBMcB · · Score: 1

      San Francisco got too expensive in the 90's so the hippies moved to Seattle. In the 2000's Seattle got too expensive so they moved to Portland.

      --
      My Other Computer Is A Data General Nova III.
    2. Re:Demolition Man? by Moof123 · · Score: 1

      And now the damn techies from both are pouring into Portland and making it un-affordable. We now have our own skyrocketing rents with similar angst and hand wringing. As a refugee from South Bay housing 10 years ago, it is all too familiar. Portland just seems to be about 20 years behind the curve (is that why the 90's are alive in Portland?).

    3. Re:Demolition Man? by Anonymous Coward · · Score: 0

      NYC is the model city when I think of gentrification, any space that can be turned into a condo, will. Any classic business that gave NYC Its flavor gets pushed out and replaced with? Nothing.

      It seems like the banal world envisioned by Jaques Tati's film PlayTime is becoming a reality.

    4. Re:Demolition Man? by serviscope_minor · · Score: 1

      is that why the 90's are alive in Portland?

      You mean 120 years right? The 1890s are alive in Portland, after all.

      --
      SJW n. One who posts facts.
    5. Re:Demolition Man? by Anonymous Coward · · Score: 0

      It is amusing to see how the demographic for Slashdot has changed so much.
      'Damn techies' are the reason the site exists.

      If you're not voting for increased density and better public transit, then you're causing the problem and are then suffering for it.
      Portland doesn't have Prop13, though, and so economic mobility is less screwed than it is in the SF Bay area.

  11. Supply and demand by dwheeler · · Score: 1

    My heart goes out to those evicted, or fearing eviction. To my untrained eye, the problems seem like an obvious result of supply-and-demand. SF has limited land, hasn't built much in the way of housing for a long time, and is in high demand. Of course the housing prices will go way up. The only solutions are to make it less desirable (lower demand), or increase housing (increase supply). Here's an interesting article: https://medium.com/@Scott_Wien...

    Other cities have done this, e.g., DC has aggressively added new units.

    --
    - David A. Wheeler (see my Secure Programming HOWTO)
    1. Re:Supply and demand by Anonymous Coward · · Score: 1

      In CA one can use "environmental studies" to tarpit any new construction. It allows existing residents to veto new residents. Since some existing residents own their houses, they want the value of their houses to go up and oppose all new construction any way they can. It's usually called NIMBY, but it makes sense just from market forces.

  12. Services by Anonymous Coward · · Score: 1

    I think it would be fairly interesting to see what happens as nearly all food and cleaning and basic services workers get largely priced out of working in the city. Either wages will go up, tech workers will have to commute out of the city just to do dry cleaning, or these companies will have to create their own internal jobs for all of these things and help provide housing to their non-tech employees. That last one makes me smile thinking about Corporations on the road to Shadowrunesque extraterritoriality. On a more serious note though. When it comes to people saying "why don't they just move" a large swath of people have lived in one place their whole life. Moving out of their home town let alone home state can create a ton of uncertainty and doesn't guarantee they will find a new job or housing. And embarking on that kind of thing outside the geographic area of the safety net that family and friends provide is also daunting to some people. Just some food for thought really.

    1. Re:Services by Anonymous Coward · · Score: 0

      as nearly all food and cleaning and basic services workers get largely priced out of working in the city.

      It seems the opposite is happening.

    2. Re:Services by __aaclcg7560 · · Score: 3, Insightful

      I think it would be fairly interesting to see what happens as nearly all food and cleaning and basic services workers get largely priced out of working in the city.

      That's a common misperception. I make $50,000 per year, put 20% away in savings, rent a studio apartment in Silicon Valley, and most people consider me "poor" because I live a modest lifestyle. Meanwhile, I'm rubbing shoulders with the minimum-wage people on the Express Bus to clean up the same toilets I'm using at work. They may have three or four people under one roof to pay rent and utilities.

    3. Re:Services by fluffernutter · · Score: 1

      How large is your family? How many dependents are you able to support?

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    4. Re:Services by __aaclcg7560 · · Score: 1

      How large is your family? How many dependents are you able to support?

      Just me and a school of tropical fishes.

    5. Re:Services by Anonymous Coward · · Score: 0

      Where can you reasonably afford an apartment in the valley on $40000 a year (assuming you magically paid no income tax)? You'd be spending half your salary on rent in SV. That's by no means normal.

    6. Re:Services by evilviper · · Score: 1

      I make $50,000 per year, put 20% away in savings, rent a studio apartment in Silicon Valley, and most people consider me "poor" because I live a modest lifestyle.

      Eerily similar to my first full-time job. I was earning $50k, and living in a studio apartment. But I was NOT living anywhere near Silicon Valley, so my rent was about $500/mo, my apartment was a 10 minute drive from work, I was a short distance from plenty of open land and hiking trails, etc. I was able to put away 60% in savings... If you factor taxes, I was putting away 75% of my take-home.

      When I got double that salary in a more expensive (still not silicon valley) area, it actually didn't result in much more take-home. There were NO studio apartments in the area, and my rent ended up being 3X as much. Cost of living, plus much higher income taxes, meant I was barely putting away any more money than before. This despite working much harder and longer hours, as the company would expect for paying me twice as much.

      My advice to you: Get out of the high-rent areas. Work for less, take it easier, and you'll save just as much without trouble.

      --
      Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
    7. Re:Services by __aaclcg7560 · · Score: 1

      Work for less, take it easier, and you'll save just as much without trouble.

      My employment contracts prevent me from working more than 40 hours a week. It's been like that for over ten years. So I am taking it easier and I have no trouble saving money. Moving outside of Silicon Valley means I'll be paying more to commute back into Silicon Valley.

    8. Re:Services by evilviper · · Score: 1

      Moving outside of Silicon Valley means I'll be paying more to commute back into Silicon Valley.

      There are jobs outside of Silicon Valley...

      --
      Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
    9. Re:Services by __aaclcg7560 · · Score: 1

      There are jobs outside of Silicon Valley.

      As one of the few natives left in Silicon Valley, I'm not interested in working outside of Silicon Valley.

  13. SF Tech Bubble 2.0 by ErichTheRed · · Score: 4, Interesting

    It's really amusing to watch this whole dotcom bubble from the late 90s being replayed almost exactly the same way. VC valuations lead to IPOs that lead to temporary market insanity, and it all comes crashing down when people realize it can't last forever. And just like the first dotcom boom, the products are websites, phone apps and other software.

    I guess the thing SF and California in general have going for them is the climate, so it's not like San Francisco is going to become some Rust Belt city when the bottom falls out. But, the reality distortion field around SF, SV and Los Angeles is really powerful. Coming from a place where a Lincoln Town Car was an aspirational vehicle, and seeing 25 year old kid CEOs driving Maseratis and Mercedes is a big shocker.

    I do feel for people who have normal jobs or are artsy types in SF. Can you imagine being, say, a cop or a civil servant in the county clerk's office making the statewide civil service wage, and having to compete for housing with someone who's making $250K working for Google or Apple, and just wants to live in hipster land? (That's another interesting phenomenon -- these techies could easily afford a house in SV closer to work, but they choose a multi-hour commute so they can live in a hipster loft.

    1. Re:SF Tech Bubble 2.0 by __aaclcg7560 · · Score: 1

      [...] these techies could easily afford a house in SV closer to work, but they choose a multi-hour commute so they can live in a hipster loft.

      The hipsters I know at work in Palo Alto are always whining whenever their commute is longer than 30 minutes. Some recruiters and hiring managers are offering 40% more in pay rate to get some of these hipsters to commute to southern Silicon Valley (i.e., San Jose, Santa Clara and Sunnyvale), which is 45 to 90 minutes away from San Francisco.

    2. Re:SF Tech Bubble 2.0 by Anonymous Coward · · Score: 0

      Actually cops in the S.F. Bay Area cities are very well paid and with overtime an amazing number are making $100-200K/yr, with the higher ranking folks making $250K easily.

    3. Re:SF Tech Bubble 2.0 by Anonymous Coward · · Score: 0

      The city/county workers are doing fine... If you are SFPD/SFD or Muni driver, BART, or whatever, you are set. Those are all six figure jobs after just a few years, plus pension, plus bennies, plus you barely have to work a full week. Cannot be fired even for driving over someone in park.

      If you are a school teacher you are SOL, which compared to a BART agent is so wrong.

    4. Re:SF Tech Bubble 2.0 by Anonymous Coward · · Score: 0

      That's another interesting phenomenon -- these techies could easily afford a house in SV closer to work, but they choose a multi-hour commute so they can live in a hipster loft.

      Happens over here around Chicago as well. It seems to be a 50/50 chance if these kids who move here for a job in the suburbs insist on commuting all the way from Chicago every day (in which case why not get a job in Chicago?) or do the sensible thing and rent an place close to work for a third of the cost.

    5. Re:SF Tech Bubble 2.0 by Anonymous Coward · · Score: 0

      "just like the first dotcom boom, the products are websites, phone apps and other software."
      "...phone apps"

      Holy Time Travel Batman! They had mobile developers in the late 90s?

      Did they run on Brew? How did they compress the MIDI ringtones small enough to make room for Angry Birds: Pre-Alpha Time-Traveler's Edition?

    6. Re:SF Tech Bubble 2.0 by Xyrus · · Score: 1

      1.Offer tech jobs the pay below the standard of living for the area.
      2. Complain you can't find qualified engineers to fill your positions.
      3. Get more H1-Bs who don't know any better to fill positions.
      4. Profit.

      --
      ~X~
  14. Sounds like a market ripe for disruption by Anonymous Coward · · Score: 0

    There must be an opportunity here to make renting better. Which YC startup will step in to become the Uber of landlords and fix this?

    1. Re:Sounds like a market ripe for disruption by Anonymous Coward · · Score: 0

      Uber of landlords

      So, surge rent?

    2. Re:Sounds like a market ripe for disruption by Anonymous Coward · · Score: 0

      Why not?

      DISRUUUUUUUUUUUPT!

      New's got to be better, right?

    3. Re:Sounds like a market ripe for disruption by Anonymous Coward · · Score: 0

      lol - you could afford it in the morning but not by the time you got home from work!

  15. Nope by dwheeler · · Score: 4, Insightful

    No. There's no fundamental human right to live in San Francisco. It would be a problem if people weren't allowed to leave San Francisco, but that is not the problem in this case.

    --
    - David A. Wheeler (see my Secure Programming HOWTO)
    1. Re:Nope by fustakrakich · · Score: 0

      As long as you don't displace someone else, you most definitely have the right to live where you please, including San Francisco.

      --
      “He’s not deformed, he’s just drunk!”
    2. Re:Nope by Anonymous Coward · · Score: 1

      This isn't happening to just SF, it's happening to Portland OR, Seattle, Vancouver BC, basically what is happening is a three-pronged problem:
      1) Foreigners from China buying the properties, and not renting them out (just using them as a store of value
      2) Industries that HQ in SF, Portland OR, Seattle, and Vancouver BC, are having problems attracting people to these cities because the housing costs are skyrocketing.
      3) Strata councils/landlords are squeezing as hard as possible because their property tax assessments are skyrocketing.

      Thus we're stuck in a perpetual cycle of property price increasing for investment purposes and leaving them empty, and pushing out everyone that needs the property to live.

      On the other end of this is AirBnB, while some blame can be placed on AirBnB and similar "hotel-like" services, this is just the canary in the coal mine, because people who are subletting their rentals to AirBnB are doing exactly what short-sellers do on the stock market. They are buying into a property and pocketing the difference.

    3. Re:Nope by pr0fessor · · Score: 1

      I would imagine there would eventually be a tipping point where the low and high paying wages would rush towards each other and balance at a more livable wage range given the cost of living in the area. If anyone who worked in the lowest paying jobs suddenly left for greener pastures and they were unable to fill those position because they refused to increase the wage the city would be in dire trouble instead those wages will eventually go up.

    4. Re:Nope by Applehu+Akbar · · Score: 1

      Okay, I'll bite. Why would foreign investors buy residential properties without either living in them or renting them out?

    5. Re:Nope by Anonymous Coward · · Score: 1

      The problem in Vancouver BC is somewhat different. Corrupt money from China buying all the real-estate in cash deals. I wrote about it further below. Btw, Toronto also faces the same problem.

      If those cash deals were under more scrutiny, things would change pretty fast and money would stop flowing in from China.

    6. Re:Nope by valinor89 · · Score: 1

      Investment? It used to be a thing before the house market tanked.

    7. Re:Nope by rochrist · · Score: 1

      I don't know about Seattle or Vancouver, but what I've seen from Portlan (my son lives there) it isn't that bad.

    8. Re:Nope by liquid_schwartz · · Score: 4, Interesting

      To get their money out of China and out of reach of the Chinese government. Sounds odd since the ROI isn't great for an empty house but if you view it through the lens of park it abroad or lose it then it makes more sense.

    9. Re:Nope by JustAnotherOldGuy · · Score: 1

      I don't know about Seattle or Vancouver, but what I've seen from Portlan (my son lives there) it isn't that bad.

      Seattle is rapidly approaching a tipping point, especially anywhere near the city. You've got to go quite a ways out before you can find affordable housing (depending on your definition of "affordable", of course).

      Seattle, Redmond, Kirkland, Bellevue, Totem Lake, etc are all now extremely expensive places to live compared with just 10 or 15 years ago.

      --
      Just cruising through this digital world at 33 1/3 rpm...
    10. Re:Nope by Applehu+Akbar · · Score: 1

      An investor can make money by holding a bar of gold and eventually selling it for a higher price, but houses don't work that way. All houses bought as investments are lived in by someone, or they deteriorate fast and become magnets for thugs and partying teenagers. A real estate investor evaluates a property like a bondholder, by the rate of return expressed as rental minus overhead plus depreciation.

    11. Re:Nope by psycho12345 · · Score: 1

      Flipping?

      Pretty well known that housing values move quite a bit. As the old saying goes in real estate "Location, Location, Location". Land is something you can't import/create, and geography controls where housing can realisitcally be placed. 2008 was a housing bubble, and the US has had almost predictable speculation on land values every 20-30 years of its existance, that leads to a bubble and bust. Used to be cheap western land as the country expanded westward, but now speculation occurs on the current land.

      My understanding is a fair number of people got in trouble by refinancing their mortgage on the growing equity of their property, and then getting caught flat footed when the bubble inevitably burst. Also, some states (California in particular comes to mind) have incentives for people to stay in their own homes, which directly lowers the supply of housing, making the remaining properties swing more in value. So if you are not living in the property, you can simply hold it, flip for an even more expensive and better located property, let appreciation/demand drive that price higher, and repeat. Or sell the appreciated property, use the difference to buy two properties (one of value equal to the property just sold, at its original acquisition price, and a second even cheaper property). Basically comes down to land being exclusive use, and non movable.

    12. Re:Nope by Anonymous Coward · · Score: 0

      Because the Chinese investors are doing exactly what they do here in China: Here they buy property as a store of wealth or as a speculative investment. Aside from a few limited areas buying with the intention of getting steady rental income does not happen because the yield rates are so low. I'm renting a newish and quite nice home for USD$170/month that were I to buy would cost me close to USD$300,000.

    13. Re:Nope by Anonymous Coward · · Score: 0

      An investor can make money by holding a bar of gold and eventually selling it for a higher price, but houses don't work that way.

      That IS how it works here in China. I live in a new development, nice area, 31st floor unobstructed view to the horizon, paying about USD$170/month, and most of the units are unoccupied. The standard housing unit in the USA is

    14. Re:Nope by Applehu+Akbar · · Score: 1

      Even flippers will generally keep the house rented for a little extra income, allowing them to at the same time keep it listed for an above-market price. If the market moved their way and the place sells, so much the better. Then there are the fix-and flip investors, who will put a few months of sweat equity into improving the marketability of the house to get their higher price.

    15. Re:Nope by mikael · · Score: 1

      it's happening in London too. Banks will only pay interest on a savings account for the first £2000, and even they you have to put in more money each month than you take out in interest. The other investment option are government bonds, but they are hard to obtain and require a long investment time of several years. Or you can invest in property. There's no upper limit on the amount that can be invested. You can buy anything from a studio flat for £500,000 to a penthouse suite for a few million £££. Property developers are tripping over themselves converting brownfield sites like old warehouses and power stations into luxury condo units that Londoner's can't afford but international investors can. Property prices are increasing at 10%/year and they can sell anytime.

      --
      Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
    16. Re:Nope by boristdog · · Score: 1

      Exactly. Basic Supply and demand. Eventually people will either move away or wages will rise enough to keep them around.

      The problem is that people don't want to move. I understand that mentality entirely, but if you don't OWN your property, you have to realize that moving is always a strong possibility.

      I bought property far outside a growing city 20 years ago and built my house. Now the city is MUCH closer and the property is worth about 10 times what I paid for it. That's how you live somewhere expensive and don't have to move.

    17. Re:Nope by HornWumpus · · Score: 1

      They can and do put the property under professional property management and rent it out. The Chinese are not stupid, at least those that gathered capital and have the sense to put it offshore aren't stupid.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    18. Re:Nope by Applehu+Akbar · · Score: 1

      Think of all the cheap apartments that will become available once the bubble pops.

    19. Re:Nope by Anonymous Coward · · Score: 0

      There's lots of Chinese money invested in real estate here, but I've never seen an empty house as a result of that. More often you'll see foreign-owned properties rented through networks of friends and family. It's the same way it's worked for the Russians, Italians, and Irish. (And still works, actually. The Outer Richmond still sees a trickle of new Russian and Irish immigrants, and they score below-market-rate apartments through networks of existing residents.)

      As a property owner, especially a small-time property owner (as most landlords are in the city) you're extremely concerned with whom you're renting to. One way to screen people is by charging the highest rent you can. But it's still risky. If you can rent through a trusted social network, you can often do better. You may not make as much money, but you won't have to expend as much time and capital. You may be able to depend on the renter to handle maintenance himself, and almost always there's implicit understanding the renter isn't going to cause headaches by pressing his legal rights when you screw up. The latter is especially true in the Chinese community, which is why many of the most egregious violations of labor laws occurs within the Chinese community.

    20. Re:Nope by Darinbob · · Score: 1

      The vast majority of people living in San Francisco were not born there. This includes the majority of the people who complain there's no room for artists anymore. People want the door shut and locked to others after they enter.

    21. Re:Nope by Darinbob · · Score: 1

      I'll bite, why don't people just live somewhere else? What is so damn special about those cities that people have an obsessive disorder to live in them? It is not about the jobs or economy because so many people commute out of San Francisco to get to their jobs. San Francisco has turned into a residential city with few industries of note. So it sort of makes it a suburb; with the worst features of suburbs combined with the worst features of urban cores. There are so many other places to live that are cheaper and closer to where they work. The Bay Area is not out of housing, it is not even out of affordable housing.

    22. Re:Nope by mikael · · Score: 1

      I don't believe the bubble will pop this time. We did have a bubble that popped back in the 1990's. Back then every Londoner was panicking that they wouldn't get onto the property ladder so they used every single last penny that they had. Then prices rose so fast that eventually demand failed to match supply by speculators. Then everything came crashing down.

      Now, there is unlimited demand from the international market, and the supply of brownfield sites is about to run out. Now they are panicking about where to build next. Either on green space parks, the green belt on the outside edge of the city or in the satellite towns like Oxford.

      --
      Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
    23. Re:Nope by Applehu+Akbar · · Score: 1

      "I don't believe the bubble will pop this time."

      As soon as someone says that, it's your cue to RUNNNNN!

    24. Re:Nope by pr0fessor · · Score: 1

      Owning property is a big way to get ahead, for the past 10 years I've seen property values and rent almost double what they were previously in my neighborhood however a mortgage doesn't unless you are refinancing to make home improvements even then they don't always go up.

      I keep trying to convince my sons that now is the time for them to buy that first house it's only going to get more expensive and then jump when the hourly minimum wage and minimum wage for overtime exemptions finally go up.

    25. Re:Nope by Hognoxious · · Score: 1

      There are loads of empty high-end properties in London owned by all manner of shady plutocrats.

      It's a potentially lucrative consultancy opportunity for you, since they clearly don't know as much about what they're doing as you do.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  16. They are deciding what the city is like by SuperKendall · · Score: 3, Insightful

    San Franciscans have decided what they want the city to be like - a place where no-one but the richest can afford to live.

    They may say otherwise but all of the ACTUAL CHOICES they make reinforce the notion that SF wants the city to be for the rich.

    On a side note, I can only assume that San Franciscans really enjoy watching homeless people suffer since choices they make also lead to that outcome.

    --
    "There is more worth loving than we have strength to love." - Brian Jay Stanley
    1. Re:They are deciding what the city is like by sjames · · Score: 1

      No, the choice was imposed from outside. Quite a few would be perfectly fine with the influx of highly paid people would turn the hell around and leave.

    2. Re:They are deciding what the city is like by cbhacking · · Score: 1

      San Francisco is not some monolithic hive mind. It's not even a truly representative democracy; lots of people are unable to vote for some reason or another (in many cities - not sure about SF in particular - lower-income people usually simply can't afford the time to vote in an election, much less to research the options and then go vote for the one that best represents their interests).

      Stop talking about the "ACTUAL CHOICES" that "they" make as though these choices are made by an entity that represents the will of the entire city. There *is* no unified will of the entire city.

      --
      There's no place I could be, since I've found Serenity...
  17. "come uppance" is not strong enough by Anonymous Coward · · Score: 0

    I'm rooting for a 2012 level of "uppance" for SanFran.

  18. They would prefer Detroit? by tomhath · · Score: 2

    There are plenty of affordable homes in Detroit. Probably thousands of properties that can be had for almost nothing from HUD.

    It was a thriving and prosperous city until its golden goose moved away.

    1. Re:They would prefer Detroit? by Anonymous Coward · · Score: 0

      I keep saying that Detroit is ripe for tech company investment. If I had the money, I would invest there personally.

    2. Re:They would prefer Detroit? by vandamme · · Score: 1

      That would be me, in 1970. I moved to upstate New York, where the air is clean, traffic is miniscule, and Democrats are few and far between. They are also making progress against the kleptocrats. Google could move here, pay people $100K less, and they'd be happier.

  19. SF is finished by Anonymous Coward · · Score: 1

    SF is nothing like it was in its heyday. From the 60s to the mid 80s, SF and most of California was great. Not so much now, sadly. Too much gentrification, too many illegal aliens, too much focus on tech. I'm in IT, but the tech sector really has damaged SF. It's an us vs them mentality for most techies. I don't feel this way, but sadly, most of the techs I know are asshats.

    I hate all the "new" tech, I really do. Most of these new techies are actually pretty lame. Most of the people I run in are bragging about their "high-end" apartments with a view of the bay, or how much of Javascript/node.js rockstar they are. When they learn I'm an old school mainframe programmer, their eyes glass over. They don't know UNIX, or even Linux. These guys couldn't write a decent program on their own without help from some whizbang IDE. Most of these guys walk around with shiny new MacBooks like they are the next big thing and no one has discovered them yet. They are annoying, immature, and overpaid. I make just under 100k, live in a tiny, one bedroom apartment with a view of the street. I have fast Internet, a pizza shop next door, I can walk to work. I have money to spend, but want to retire before I'm 50, so I am something of a cheapskate. I took the advice of my college professors in the mid 90s and went into mainframes. The kids I talk with think I'm "old", but they are slaves to the latest IT fads. Banking is stable, fun enough as far as IT goes, and I'm retiring in 10 years.

    1. Re:SF is finished by __aaclcg7560 · · Score: 4, Interesting

      When they learn I'm an old school mainframe programmer, their eyes glass over.

      When I was a lead video game tester, I shocked the new testers out of high school by informing them that I played video games in the early 1980's (most are surprised to learn that video games existed before the Sony PlayStation), introduced them to a tester who assembled arcade machines for Atari and Midway in the 1980's, and to another tester who tested pen-and-paper games in the 1970's. It's always important to instruct youngster to respect their elders.

    2. Re:SF is finished by 110010001000 · · Score: 1

      Just because you are old doesn't mean you deserve respect. Respect is earned by your actions, not just simply existing.

    3. Re:SF is finished by rubycodez · · Score: 1

      "gentrification" means people with actual marketable skills moved in because high paying job were created. Most homeless are asshats too (clogging your transit system escalators with their feces), as are most hippies and illegal aliens and rednecks.......do you even have a point?

    4. Re:SF is finished by __aaclcg7560 · · Score: 2

      Seems like too many young people don't respect their elders. When I was kid in the 1970's, I had to be silent in the presence of my grandparents who expected children to be seen but not heard. Since my current job involves working with ex-military people, respect is expected all around. Never know when retired brass might be in the office.

    5. Re:SF is finished by Anonymous Coward · · Score: 0

      Banking is stable, fun enough as far as IT goes, and I'm retiring in 10 years.

      Also once the bubble bursts banks almost always come out on the other end smelling like roses.

      Good call stick to the people actually have money but do not be so expensive they want to unhook you.

    6. Re:SF is finished by Anonymous Coward · · Score: 2, Insightful

      I agree. Ditto on growing up in the 70s. These young tech think they are entitled just coming out of college. They're not. One poor bastard thought he was God's gift to IT, all cocky, but later on in the interview when it was my turn to ask a few questions, I asked him about operating systems, specifically *nix, since he listed it on his resume and had "expert" after the OS name, which was FreeBSD, which also happens to be an OS I use daily. I asked him about config files like /etc/rc.conf and he had no idea what they were or why he would edit them -- or in this case, even how -- despite having vim listed on his resume (along with joe, ed, and even emac). I asked him how to have vim show line numbers and he had no idea. He had no idea how to do a simple replace in vim or even how to save a file.

      Kids, listen up! If you don't actually KNOW stuff, don't include it on your resume/CV. I will call you on it. Some places, like mine, actually REQUIRE you to know *nix and know it beyond installing Ubuntu.

    7. Re:SF is finished by __aaclcg7560 · · Score: 2

      He had no idea how to do a simple replace in vim or even how to save a file.

      Did he know how to Google? I know a lot of stuff in general but I don't always know the particular details. I'm often assigned unsolvable problems at work because I can almost always find a solution through a web search. Or, if I didn't find a solution, no one else would either.

      Some places, like mine, actually REQUIRE you to know *nix and know it beyond installing Ubuntu.

      As an engineer once told me on my internship in 1997: "Installing Linux is not the same as knowing Linux." Back then nothing worked out of the box. Compiling the kernel and device drivers was a necessary evil. Something most kids don't even know how to do.

    8. Re:SF is finished by Anonymous Coward · · Score: 1

      I was somewhat alarmed by this young candidate, because he emerged from a prominent 4-year institution with a CS degree, yet knew nothing useful about vim or *nix. How in the hell does one graduate these days with a CS degree and not know *nix in a meaningful way? Why? Like the poster above said, they all use shiny Apple products and likely don't even realize the OS they are using is largely based on *BSD.

      That interview and a few more like it made me realize I need to ask better questions. If you are a sysadmin, a coder, a DBA, it doesn't matter, you need to be able to be your own sysadmin. We develop on FreeBSD and Linux (flavor up to user). I expect you to admin your own work boxes. No Apple products here, no Microsoft. We are a very specialized shop doing very specialized products for a very small market. We are well know, yet we spend nothing on software and our hardware budgets are minimal. Everyone gets a new set of machines (one laptop, one dekstop) and monitor every three years. There is no one walking around helping you learn. We expect you to come in knowing how to use your tools and the ones we use. Some leeway is given for some things, but if you are a coder, you should know basic skills out of school. One guy had no idea what aptitude was despite being a "pro" at Debian on paper. He would have likely ran out if I asked him about apt-pinning.

      Google away while you work, but to not know how to admin your own OS and patch it is a deal breaker for us. We don't have a help desk, per se. We have experienced guys who will help you after you have exhausted all efforts to solve a problem. As a result, the guys in my shop are largely self-sufficient. We talk among ourselves and create away.

    9. Re:SF is finished by __aaclcg7560 · · Score: 2

      I was somewhat alarmed by this young candidate, because he emerged from a prominent 4-year institution with a CS degree, yet knew nothing useful about vim or *nix.

      When I worked at the Google help desk in 2008, I had to walk a newly hired university graduate the process of turning on his own computer — "Please press the power button. If the computer doesn't explode, you may login into Windows." — since the university computer labs always had someone standing around to turn on the computers. It was a hard lesson for him to learn on his first day of the job.

    10. Re:SF is finished by Anonymous Coward · · Score: 0

      Please tell me you're joking... :(

      These young IT "studs" call me old and a "dinosaur", but as surely as the sun rises in the east, they are asking for help with basics -- things I knew upon emerging from my own degree studies -- and I graduated from a tiny, no-name college in the deep south. Those "redneck" professors were veritable Dennis Ritchies and Ken Thompsons compared to what's emerging from college these days.

      I have a "superstar" grad/hire who wanted to learn more regex stuff, specifically wildcards and repetition, but to script some of his work. I suggested Perl, as it's what I use, or even Bash. The look on his face was classic. It was like I asked him to write a completely original Schwartzian transform or something... I told him regexp and Perl are best friends. More and more, I use Bash/sed/awk for this myself, but this is more out of laziness and the fact that I can add things to my .bash_profile as aliases or re-use the stuff in my ever-growing collection of Bash scripts. The older I get, the more simple I want it.

    11. Re:SF is finished by __aaclcg7560 · · Score: 1

      Please tell me you're joking... :(

      Nope. I'm always surprised by how little university graduates know about hardware. I've been told on Slashdot that a computer scientist doesn't even need to know how to turn on a computer since the course material is theological knowledge and not applicable knowledge. A fine distinction that works well with mathematics but not with computers.

    12. Re:SF is finished by Anonymous Coward · · Score: 0

      We learned lots of HW and SW when I was in college. I remember during one semester of electronics math, we had to build our own breadboard using available components that we had to test and use electronics math to choose the correct components -- boolean logic -- voltage, ohms, amperage -- all that. It was fun and rewarding. My younger, under 30 coworkers never touched HW in school and don't really like it today. To them it's all throwaway.

      I'm not as old as some of my colleagues, but they all use GMail to get their work email, while I use alpine. I just don't like GUI mail clients. When in college, we had to use mutt, all students did. I initially hated it, but learned to love it. I then discovered pine at my first internship, switched to that, and now use the latest incarnation, alpine. The younger guys and some of the older ones think I'm a crackpot. I like simple, predictable, and the nostalgia is nice, too, and alpine takes all of 10 minutes to download, install, and configure. Did I say I hated HTML email?

      I went to college late, after 8 years in the military, so perhaps I have a different outlook on life than some of these young people. I don't have a sense of entitlement whereas they all do.

    13. Re:SF is finished by Anonymous Coward · · Score: 0

      Good God are you obnoxious.

      Almost as obnoxious as this site's 2+ hour throttle...

    14. Re:SF is finished by Anonymous Coward · · Score: 0

      Seems like too many young people don't respect their elders.

      Probably because it's an asinine concept.

      Courtesy should be given, but respect must always be earned.

    15. Re:SF is finished by Anonymous Coward · · Score: 0

      While walking down the street and conversing I don't tend to pay much attention to passers-by. I noticed that these three old asian ladies had little wheeled carts, which seemed both unusual for the greater public and typical for old asians, but afterwards my friend pointed out that they had completely refused to move out of the way for other pedestrian traffic, because I was supposed to show respect for them.

  20. Once Donald Trump kicks out all the Illegals. by Anonymous Coward · · Score: 0

    Once Donald Trump enforces the law and kicks out ten million illegal immigrants there will be plenty of housing. Of course we won't be able to drive down to the front of Home Depot or Lowes and pick up a truck full of guys to be able to afford to maintain our houses, but I guess there are trade offs.

    1. Re:Once Donald Trump kicks out all the Illegals. by Anonymous Coward · · Score: 0

      Seems cruel of San Francisco to declare itself a "sanctuary city" that won't turn over illegals to ICE and thereby attracting illegals to the city, only for them show up and not be able find any kind of housing which forces them to move into overcrowded homeless shelters.

  21. Wait, what? by Anonymous Coward · · Score: 0

    I thought San Francisco was the hub of liberal ideals and very progressive. Now we see Republican price gouging, schism based on class and fear mongering? What the heck happened? I expect co-ops and communes. Peace and love.

    1. Re:Wait, what? by __aaclcg7560 · · Score: 1

      Now we see Republican price gouging, schism based on class and fear mongering?

      The tech corporations came to town, set up shop, sent the hippies packing and turned the place into hipster-burg.

  22. Not the actual problem by Fross · · Score: 1

    Surely the problem here is not the tech bubble, or any other specific industry, but the unregulated housing market exploiting a finite resource?

    People in less lucrative professions are being priced out of the market, because landlords are squeezing the market as much as they can. They are entitled to do this because there are no restrictions on them. Isn't the answer to put some restrictions in (e.g. rent controls on a proportion of housing) that keep this finite resource accessible for everyone?

    Some may view this as too restrictive on a "free market" but it is extremely obvious that this market is causing real harm to some of the most vulnerable and poorest in society, and benefitting nobody other than those who own property. Those who are in a position to own enough property to rent it out are an extremely small elite, at this time.

    1. Re:Not the actual problem by Anonymous Coward · · Score: 0

      Problem is it's already being regulated. Remove the regulation of the zoning laws. This is what conservatives mean when they talk about over regulation.

  23. J-1 cultural exchange visa program. by Joe_Dragon · · Score: 1

    J-1 cultural exchange visa program. Can be used to find people to work that roll and it goes in line with the H1B abuse.

  24. Well one solution didn't work by SuperKendall · · Score: 1

    The only solutions are to make it less desirable (lower demand)

    San Francisco has been trying this solution for some time, by deliberately encouraging a higher than average number and insanity level of homeless. Streets that mostly small like urine, open drug use, all make SF a place I only sort of enjoy visiting anymore but sure as hell would not want to live in.

    But still, people keep moving there because of the mystique...

    I think what SF should do, is build a series of tunnels connecting all of the bushings in the main city - ala Houston or Minneapolis. In the other cities the tunnels protect against the weather; in the case of SF they would separate the workers from the homeless and offer a fun twist on the whole Eloi / Moorcock split, with SF's Eloi being the ones forced to retreat underground and working to support the Moorlocks on the surface.

    --
    "There is more worth loving than we have strength to love." - Brian Jay Stanley
    1. Re:Well one solution didn't work by HornWumpus · · Score: 1

      Elevated bridges would allow the worker to huck a loogie onto the scum when running for Starbucks. Much better than tunnels.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  25. Its a choice with a cost benefit analysis by mongothesecond · · Score: 2

    If you want to vault your way up a career ladder, you go where the jobs are. I dropped out of college with half of a music degree, and the Bay area was great to work my way into gainful employment. If venture capitalists want to reinforce this model with 25-35 mil units of investment into areas with massive costs of living, they must have some tangible proof that these areas are fertile grounds for return on investment.

    1. Re:Its a choice with a cost benefit analysis by fluffernutter · · Score: 1

      At a certain point, a career ladder isn't worth the sacrifices you need to make to participate in it.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    2. Re:Its a choice with a cost benefit analysis by mongothesecond · · Score: 1

      Sure, but it definitely was for me. Yes, it is hard to raise a family there, or settle there permanently. If you want to double your earning potential, and then leave, I assert that is very possible.

  26. Flaw in Economic Data by gordguide · · Score: 3, Interesting

    Not exactly on topic, but the article, San Francisco's situation, and the conditions over time not just in cities, but states, nations, any identifiable economic area all point to what I consider a flaw in Economic reporting, that, to my amazement, many people fail to grasp.

    The strength of any economy is reported as good, bad, improving, failing, the "world's best", the "world's worst" ... whatever rank you care to put on it ... based solely on the inflated value of the whole. City A is twice as prosperous as City B if the rents, wages, and prices are all twice City B's. No matter that an hour's wages buys the same square foot of land, the same block of cheese, the same latte, the same month of cable TV in both cities. City A is clearly "better" based on the Economic Data. If City A happens to be the most expensive city on the planet to work and live then it's defined as the wealthiest city on the planet, the most successful economy, the "place to be". Except as far as the day to day goes, it's just another, ordinary city.

    [Somewhat more on topic] And then we get the issues regarding the transition from a City B economy to a City A economy ... there are people on fixed incomes or working in fields where the high wages aren't sustainable, who get stuck in the old economy when their fellow citizens are part of the new economy. They need each other ... someone has to build the homes, make the cheese, pour the latte ... but they can't afford each other. Similarly, if a visitor from City A comes to City B for a vacation, they seemingly have twice as much money to spend. But not at home, where twice as much buys just enough.

    The economic realities are constantly shifting and the solution for SF residents of today is the same as it's always been ... wages and rents must go up, and some people must move to a City B (or even a City C) economy.

    This is not really new ... time to roll the ubiquitous "is this news?" Slashdot comment. (Just kidding).

    1. Re:Flaw in Economic Data by Anonymous Coward · · Score: 0

      Actually the problem is rent control. Rents are meant to slowly go up causing people to slowly move which causes shifts in things like public transport, public schools, location of work sites etc.

      Once you throw rent controls in, you cripple the entire market for property. People who should have long ago moved haven't. People who could have moved in can't. Buisness that should have moved won't. Public transport is built based on a crony demand.

      If they want to fix it, the need to pull the band aid off and take the pain for long term benefit. End all rent control. Massively reduce land zoning regulation.

    2. Re:Flaw in Economic Data by evilviper · · Score: 1

      there are people on fixed incomes or working in fields where the high wages aren't sustainable, who get stuck in the old economy when their fellow citizens are part of the new economy. They need each other ... someone has to build the homes, make the cheese, pour the latte ... but they can't afford each other.

      What are you even talking about? There's absolutely no need for those who "make the cheese" to live in a dense urban core along-side the ultra-wealthy. They are better suited living near the farms, in areas with dirt-cheap real-estate.

      Those who "pour the latte" simply have their salaries increased until someone is willing to do the job... Maybe they commute in, maybe it's filled part-time by school-kids, retirees, etc., but the money is at least good enough for SOMEBODY in some situation to want it. Maybe the lattes get more expensive, but oh well.

      Similarly, it's up to construction companies who "build the homes" to either get more efficient, or raise prices until they can make it work. Maybe the contractors come in via rail every day, maybe the buildings are increasingly pre-fab, allowing very few local workers to erect a building in just a few days, etc. And when you reach the limits of efficiencies, you raise your prices. In a market where the smallest properties cost millions, the cost goes unnoticed. If contractors can't make it work, nobody is willing to pay the price, then new construction stops until demand increases even more.

      The only problem in the bay area is the absurd zoning and regulations, which prevents a few multi-story condo/apartment buildings being constructed to meet (some) of the demand. A few rounds of new, high-density buildings in the area, and rents would drop for everyone. Middle-class labor would perhaps have several people sharing a single rental, while those making big money would at least have the option of cheaper rents, which would take some of the air out of the housing bubble... That means it won't be such a huge crash, when it does, eventually crash.

      --
      Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
  27. Inflation Sucks by Anonymous Coward · · Score: 0

    This isn't really about tech economy. It's about any boom that results in inflation.

    Inflation sucks. (It's just that if you're part of the boom that's causing the inflation, you don't notice it, other than you're not nearly as rich as the numbers suggested you'd be rich.)

    We should stop using government power to subsidize inflation. It always hurts someone. (I'm not saying we shouldn't allow people to be hurt, just that we shouldn't have policies that actively cause it to happen; we shouldn't be spending our tax money to make harmful inflation happen in the name of "growth.")

    Abolish the Federal Reserve.

    1. Re:Inflation Sucks by Anonymous Coward · · Score: 0

      Inflation sucks.

      Deflation sucks way worse. A small measure of inflation is perpetrated to protect a growing market from ever encountering deflation.

  28. So leave by Anonymous Coward · · Score: 0

    When I can't afford where I live, I move. And I've moved several times. Deal with it.

  29. Oh, bullshit. by sootman · · Score: 2

    Do we have to have this argument every year? The reason SF is expensive has very little to do with recent trends in the tech industry -- they're just a current, visible scapegoat. There's a good, thorough overview here: http://techcrunch.com/2014/04/...

    I was born in SF in the 70s and stayed in the area until after college. It has ALWAYS been expensive. It's a great place and I'd move back in a second if I could afford to, but I can't, so I don't. Yeah, it sucks that police, firefighters, and teachers can't often afford to live nearby, but it's been that way for DECADES.

    --
    Dear Slashdot: next time you want to mess with the site, add a rich-text editor for comments.
  30. You forget the Soviet option by Bruce66423 · · Score: 1

    Shoot the landlords and move the poor in wholesale... Also worked in China.

    1. Re:You forget the Soviet option by pla · · Score: 3, Insightful

      Shoot the landlords and move the poor in wholesale... Also worked in China.

      "Murder the fiscally responsible", love it! And to think some people call SJWs a bit over-the-top!

      But waitasec - Doesn't your fear of guns override your desire to take away the incentives for people to bother earning their living?

    2. Re:You forget the Soviet option by rochrist · · Score: 1

      I love your equating of landlord and fiscally responsible. /s

    3. Re:You forget the Soviet option by pla · · Score: 1

      You realize "landlord" doesn't count as a bad word, right? Not talking about "slumlord" here (sure, go ahead and shoot them), just your average Joe with a spare house or two who has taken the risk of letting someone else occupy it for a fee?

      Without all the evil, evil landlords, those people currently complaining about the price of rent in SF would stop complaining - Because cardboard boxes come cheap.

      If you take away the motivation to own property, instead of a socialist utopia, you end up with... Well, as the GP mentioned, China. And did you seriously mean to present the former USSR, collapsed under its own economic weight, as some sort of bastion of progressive ideology?

    4. Re:You forget the Soviet option by Anonymous Coward · · Score: 0

      Doesn't your fear of guns override your desire to take away the incentives for people to bother earning their living?

      Of course not, it'll be footsoldiers of the Government(tm) under Herr Hillary doing the shooting. THEY ARE WITH THE GOVERNMENT THEY KNOW WHO TO SHOOT.

    5. Re:You forget the Soviet option by Anonymous Coward · · Score: 0

      You realize "landlord" doesn't count as a bad word, right?

      You do realize that landlords throughout the ages have earned the hate they suffer, nearly as badly as car dealerships, and slightly more than plumbers?

      Not talking about "slumlord" here (sure, go ahead and shoot them), just your average Joe with a spare house or two who has taken the risk of letting someone else occupy it for a fee?

      Average joe can be as bad as anybody else.

      Without all the evil, evil landlords, those people currently complaining about the price of rent in SF would stop complaining - Because cardboard boxes come cheap.

      Cardboard boxes are expensive, just try ordering some!

      If you take away the motivation to own property, instead of a socialist utopia, you end up with...

      But renters aren't owning property, and landlords don't see the value in establishing relationships with tenants.

      Well, as the GP mentioned, China [wikipedia.org]. And did you seriously mean to present the former USSR, collapsed under its own economic weight, as some sort of bastion of progressive ideology?

      China has had problems for centuries, documented ones, blaming Socialism is silly when you can read their literature dating back before 1000 AD. And the USSR's problem was their military spending. That did lead to quite a few problems. But Tsarist Russia had its own share of unpleasantness, including just barely getting rid of serfdom.

    6. Re:You forget the Soviet option by pla · · Score: 1

      But renters aren't owning property, and landlords don't see the value in establishing relationships with tenants.

      And you see the problem there as...?

      Should any other services entitle the buyer to a perpetual "right" to its continuance or relationship with the provider?


      blaming Socialism is silly

      True, socialism counts as a symptom, not a cause.

    7. Re:You forget the Soviet option by Anonymous Coward · · Score: 0

      And you see the problem there as...?

      An example of a serious and long-standing problem in human relationships?

      Since the insulae, at least, and I'm sure Mohenjo-Daro and Harappa have a chance of the same issue.

      What have we managed to improve since then?

      Should any other services entitle the buyer to a perpetual "right" to its continuance or relationship with the provider?

      Having children certainly does lead to a long-term relationship. One that all too many times has to be enforced by law. But heck, I find it hard just to hold the guy who agreed to fix my roof accountable. Or the doctor who performed my surgery. Or the cook who prepared the food I just ordered...well, I digress into many examples, and yes, it's damn hard to get things right with others, haven't you noticed any problems with this?

      Your relationship with other human beings is a complicated one, isn't it? Sometimes I wonder how these faggots get by, when they wouldn't even bat an eye out of taking all they could from you, while providing nothing back.

      Do they have no shame? Do they not want to own their own honor? What kind of world is this?

      True, socialism counts as a symptom, not a cause.

      I would say a development, instead.

      What's next?

      I hope it's something better than what I have to deal with.

    8. Re:You forget the Soviet option by Harinezumi · · Score: 1

      The USSR had a pretty severe housing shortage for most of its existence and had an active black market in real estate, so that option doesn't particularly help either.

    9. Re:You forget the Soviet option by drinkypoo · · Score: 1

      But renters aren't owning property, and landlords don't see the value in establishing relationships with tenants.

      And you see the problem there as...?
      Should any other services entitle the buyer to a perpetual "right" to its continuance or relationship with the provider?

      We're not talking about any other services, we're talking about your home. The way we have structured our society, many people are left with no better option than to rent their home. It is utterly reasonable to find ways to protect people from unexpected disruption of such a central aspect of their lives. People born into this situation weren't given choices.

      People who moved to SF and chose to rent there don't get to complain when the rents go up. People who moved to SF and bought something and choose not to sell it now that it's worth a whole lot more and they will make a massive profit and can go almost anywhere else in the country don't get to complain that their taxes have gone up, either. They can grow with the city so that they can make more money and pay those taxes, or they can sell and move. They won't be set adrift like a renter who's being evicted.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  31. Pot meets kettle. by westlake · · Score: 1

    A whiny sense of entitlement that makes claim to something scarce simply because they want it...

    Oh, boy.

    A whiny sense of entitlement is quintessentially geek, judging by posts to Slashdot.

  32. No right to $500 rent in SF by dwheeler · · Score: 5, Insightful

    We're talking past each other; let me try again. No one is saying, "you may not live in SF". Anyone can live in SF, as long as you can pay for it. The problem is that SF housing costs more than many can afford. There's no human right to $500/month rents in SF. You may believe that it's good policy, and that's a different question. I suspect that SF has a long history of pretending that economics don't apply to its housing, based on the little I've read about it.

    --
    - David A. Wheeler (see my Secure Programming HOWTO)
    1. Re: No right to $500 rent in SF by ShanghaiBill · · Score: 4, Insightful

      I suspect that SF has a long history of pretending that economics don't apply to its housing, based on the little I've read about it.

      Bingo. This is just basic supply and demand economics. San Francisco restricts the supply of rental housing. 95% of all building permit requests were denied last year. Rent control laws discourage landlords from entering the market. Then when the inevitable shortage occurs, they blame tech.

    2. Re: No right to $500 rent in SF by Hadlock · · Score: 5, Insightful

      The problem is that even if you make $100,000 a year you can barely afford a 1bd/1ba living solo.
       
      Most (all) grade school, kindergarten, high school teachers, and even a good number of college professors do not make $100,000 a year. If you live in the city and your teachers can't afford to live here, the policemen, the firemen, the garbagemen, the street cleaner truck drivers, delivery men, chefs, cooks, waiters.... all the people that make the city WORK cannot afford to live here, how is the city going to function? The Golden Gate and Bay Bridges can only carry a finite number of people per day, especially at peak rush hour, Caltrain is at peak capacity as are the highways leading in to the city from the south. The city is surrounded on three sides by water and all available land is full or reserved for precious little parkland.
       
      But you can't raise a family in a city without teachers.

      --
      moox. for a new generation.
    3. Re: No right to $500 rent in SF by fustakrakich · · Score: 0

      This is just basic supply and demand economics.

      Absolutely wrong. Prices are set arbitrarily to bring in and push out a specific class of people. The market is driven by speculation, not this mythical "supply and demand". That is a fairy tale.

      --
      “He’s not deformed, he’s just drunk!”
    4. Re: No right to $500 rent in SF by Anonymous Coward · · Score: 0

      that is why we need hyperloop, to shuttle the slaves back and forth/
      posting as AC since obviously inflammatory with the right amount of truthiness

    5. Re: No right to $500 rent in SF by HelpTheNewOverlord · · Score: 0

      supply and demand IS market speculation, it just depends on how you want to look at it...

    6. Re: No right to $500 rent in SF by RR · · Score: 1

      The city is surrounded on three sides by water and all available land is full or reserved for precious little parkland.

      Not 100% true.

      Well, it is true that almost all the land is actually in use, but not all of it is. There’s that giant field of asphalt next to the Giants’ stadium, and there are those abandoned warehouses next to the asphalt field, both currently in the planning process to be converted into modern housing and commerce. And there are a number of other run-down neighborhoods and unused government properties. But most of the land is in use.

      The big problem is... the big buildings. There are almost none. Most of the land in the city is under-utilized. A couple generations ago, the voters and politicians enacted a variety of strict building limits, so most of the city are these little 2-storey single-family houses. In January, a couple researcher at UCLA showed that height limits cause enclaves of super-rich. We see it now in San Francisco.

      We need to abolish these height limits and let the market decide the shape of the city. Also, MUNI sucks: We need more efficient mass transit in this city.

      --
      Have a nice time.
    7. Re: No right to $500 rent in SF by Anonymous Coward · · Score: 0

      The problem is that even if you make $100,000 a year you can barely afford a 1bd/1ba living solo.

      But you can't raise a family in a city without teachers.

      And yet the city has teachers. A lot of them. That must mean that teachers are finding other means than living solo in a 1bd/1ba in SF.

    8. Re: No right to $500 rent in SF by tloh · · Score: 1

      THANK YOU! I am so sick and tired of "housing rights" advocates spewing BS when the problem in SF is largely due to misguided policies by those in charge and a refusal to solve a problem using practical solutions.

      --
      Stay sentient. Don't drink bad milk.
    9. Re: No right to $500 rent in SF by lgw · · Score: 3, Interesting

      Seattle is determined "not to be San Francisco", as the mayor said. Amazon is building 3 new skyscrapers downtown - rumor is approval for these was blocked until 3 new skyscrapers for housing could also be approved. Rents are high here, but not crazy-SF-high. Fully using the land is the difference, just as you point out. Forcing new housing to be built alongside new office space is also a good idea (not really fighting the free market, just making the timing work out well for everyone). Preventing new housing from being built is a particular level of crazy.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    10. Re: No right to $500 rent in SF by Anonymous Coward · · Score: 0

      "...the policemen, the firemen..."

      SF first responders get 20% of the purchase price of a home in SF carried by The City, interest free for thirty years: http://sfmohcd.org/first-responders-down-payment-assistance-loan-program-frdalp

    11. Re: No right to $500 rent in SF by klui · · Score: 1

      How does MUNI suck and what do you think could be done to make it more efficient?

    12. Re: No right to $500 rent in SF by Anonymous Coward · · Score: 0

      move to NYC. Garbage workers there do make $100k, and I bet there are a lot more housing choices too.

      http://money.cnn.com/2016/02/24/news/economy/trash-workers-high-pay/

    13. Re: No right to $500 rent in SF by ShanghaiBill · · Score: 1

      Absolutely wrong. Prices are set arbitrarily to bring in and push out a specific class of people.

      Are you serious? So you actually believe that there is really plenty of housing in SF, but there is a vast secret conspiracy, involving tens of thousands of landlords, to forgo profit, hold housing off the market, in order to keep out "low class" people? Do you have a brain tumor or something?

    14. Re: No right to $500 rent in SF by neoRUR · · Score: 1

      Don't worry too much about it, the Autonomous Robots will soon come to take all those jobs.

    15. Re: No right to $500 rent in SF by AmazingRuss · · Score: 1

      You can't afford to have a family in that city... so it all works out.

    16. Re: No right to $500 rent in SF by fustakrakich · · Score: 1

      "Conspiracy"... Always with the hand waving. Rental prices are set by the real estate industry, just like the price of oil is set by the producers, and lending rates are fraudulently decided by Libor. If we're going to evict anybody, start with the slumlords, condemn and seize the property, the tenants can pay their rent to the city until it finds a buyer/manager that will do the job. Of course that requires that the voters vote out the corrupt politicians that are responsible, which means they have to be more active in the process, especially the renters, which outnumber the owners by a long shot. Don't sweat it, ain't gonna happen. Sorry, your grade school social studies don't apply.

      --
      “He’s not deformed, he’s just drunk!”
    17. Re: No right to $500 rent in SF by fustakrakich · · Score: 1

      Holding housing off the market is age old stuff. Real estate enjoys price supports as much as agriculture, oil, insurance, and banking. Speculation works in strange ways. Yes, it can be more profitable to keep an empty unused lot.

      And you too, can stop waving your hands about 'conspiracy'. It is merely people serving a common cause. Prices are determined at the top.

      --
      “He’s not deformed, he’s just drunk!”
    18. Re: No right to $500 rent in SF by s4m7 · · Score: 1

      Most (all) grade school, kindergarten, high school teachers, and even a good number of college professors do not make $100,000 a year.

      Aren't school budgets usually based on property taxes? I would assume that if rent is so high, property value is equally high, meaning school revenues should be similarly high. Isn't the solution to "teachers don't make enough money to live here" to pay teachers more?

      --
      This comment is fully compliant with RFC 527.
    19. Re: No right to $500 rent in SF by Anonymous Coward · · Score: 0

      3 new skyscrapers? As of today, there at least 4 all-residential sky scrapers (>= 100 meters) under actual construction. There are probably a dozen other new residential towers under 100 meters being built around the city, mostly in the north east part of the city (Nob Hill, Russian Hill, Lower Pacific Heights, etc).

      Within a roughly 5-year period, the city will have added 50,000 new residential units. That's more than a 5% increase in housing stock. That's huge.

      The one thing you need to know about San Francisco is that, for the most part, city leaders understand economics very well. The city has had a consistently balanced budget for generations. At the bottom of the recession, San Francisco was the _only_ major city in the entire state of California with a balanced budget. And despite the rhetoric, San Francisco is unique in avoiding big, boon-doggle projects. Which, unfortunately, means we're stuck with a shite transit system because city planners are _too_ concerned with short-term budgets. (Reasonable people can disagree about the 3rd St light rail project and tunnel. I think the tunnel extension was a poor allocation of resources. But we'll never get more tunnels--e.g. for Geary Blvd--if everybody shits on the projects they don't like.)

      San Francisco is better equipped (politically, financially, etc) than the vast majority of American cities in terms of fiscally responsible city management. You just have to understand that San Francisco is very much a participatory democracy, for numerous historical reasons. The rhetoric is extremely loud here. The NIMBYism is also extremely loud here, even though there are NIMBYs everywhere in America. San Francisco can and should be doing an even better job of adding more units, but the people who would benefit the most from more units (renters) are precisely the people opposing it most vociferously. While the homeowners (the classic NIMBYs) are more-or-less ambivalent about it.

      My armchair solution to this problem is to reform rent control. People misunderstand the economics of rent control. It raises prices, but it raises them on the young. Although fearful, the vast majority of current San Franciscan residents are and will remain quite secure in their rented homes until they die or move away. (You could probably count the number of Ellis Act evictions in a city of over 800k, over 80% of whom rent, on your hands.) Other than New York, there are few places in this country where renters could ever feel _more_ secure. Indeed, in many respects renters are more secure than homeowners, legally and financially. Yes, rent control has an economic cost, but outsiders need to understand the benefits--even with the tech hoards, San Francisco is still a very diverse city that can provide a stable life for low-income and working-class earners, provided you don't ever move. (The median income here is one of the lowest in the Bay Area.) And that can be okay (depending on your normative preferences), because while rents are high, you pay them when you have the most disposable income--when you're young. Rent control is a tax on the young and a wealth transfer to the older. (It's also a tax on large property owners, of course. But it's not very unique in that regard.)

      The problem with the current rent control legislation is that it only applies to buildings built before 1979. People here dislike new buildings because (rightly or wrongly) they believe the new buildings are removing rent-controlled stock. My solution would be to put any building more than 30 or 40 years old under rent control on an ongoing basis, and to require for displaced residents to be placed in new rent controlled units with similar rents. That theoretically addresses renters concerns, and will make it easier politically for developers to build--not just for in-fill developments, but replacing smaller buildings with larger ones. It provides more opportunity for property developers to make profits.

    20. Re: No right to $500 rent in SF by RR · · Score: 1

      Well, I don’t think much about how to make MUNI better. I mostly ride bicycle everywhere. More bike lanes, and bike lanes that are separated by physical barriers against cars, would be good. Oh, how I hate dodging cars on Folsom, as they cross the bike lane to turn right or deliver something.

      The Van Ness BRT is a decent start, but I would really prefer if they got fast vehicles that didn’t put out so much noise and soot. Preferably electric. They need more tunnels and more routes where mass transit is not delayed by car traffic. They could also run small buses during low-traffic times, instead of chugging those empty monsters across my window at midnight every night.

      My major problem, in terms of user experience, is that I must budget 1 hour of time per transfer to get anywhere. When I’m going between residential neighborhoods, this frequently means I should budget 2 hours to reach my destination. The city is only about 10 miles across. It shouldn’t take 2 hours.

      --
      Have a nice time.
    21. Re: No right to $500 rent in SF by RR · · Score: 1

      My armchair solution to this problem is to reform rent control.

      The new “affordable housing” rules are an interesting approach to rent control. For the new affordable housing projects, the rent is set at some low price, but only as long as the resident has an income within 2 times the limit to qualify for that rate. And I think the rates adjust over time to account for inflation. Once the resident’s income goes above the limit, then the unit’s rent goes to “market rate.” I heard about this in a presentation hosted by the city, and the city planner said the residents at that point typically have enough money that they want to move to another location, anyway. But this does not apply to pre-1979 properties.

      One problem with the equity of rent control and Proposition 13 is that they are not indexed to the income of the resident. Your mother dies and leaves you a house, and you inherit her 1975 tax rate, even if you are a super-rich investment banker. You can’t do much to the property, though, because “new construction” will trigger a reassessment. So, the best thing for you is to rent it out as a low-density rent-controlled slum, and keep the fundamental supply/demand imbalance intact.

      It would be good, both for tax revenue and for social justice, for the taxes and rent controls to take into account the resident’s ability to pay. But doing anything to those laws would draw out the NIMBYs like nothing else, and formulas that are too complicated would themselves be an unfair tax.

      --
      Have a nice time.
    22. Re: No right to $500 rent in SF by Darinbob · · Score: 1

      Problem is that there's no room to build. Solution is that the the Bay Area is much larger than that little town. Problem is that the San Francisco residents are unable to acknowledge the existence of housing anywhere else. So they'd rather pay the $5000/month rent and have a horrendous commute rather than live in the same town where they work (nicer towns than that dump on the hill too).

    23. Re: No right to $500 rent in SF by Darinbob · · Score: 1

      Who cares if there is housing in SF or not. SF is not the only place to live! Quite a lot of the residents go and commute through several residential cities on their way to their jobs.

    24. Re: No right to $500 rent in SF by Darinbob · · Score: 1

      The solution is to live in a saner town. Honestly, why would someone want to live in that dump of the city when there are nicer and cheaper cities nearby? The fact that San Francisco is essentially full and should put up a "No Vacancy" sign if it were a hotel has not discouraged more people from showing up. The astronomical rents higher than the rest of the area has also not discouraged people from coming there. Yet when I visit I see nothing there that would encourage someone to actually want to live there.

    25. Re: No right to $500 rent in SF by Darinbob · · Score: 1

      No, we just need to educate them that there is wide availability of housing outside of the city if only they could open their eyes. The city keeps adding disincentives to discourage people from living there but they don't seem to get the hint. There's no reason to build more housing there if the morons would actually acknowledge that the world does not end at the city borders. More jobs, better jobs, cheaper housing, better housing, larger housing, better schools, better smells, just across that border.

    26. Re: No right to $500 rent in SF by ShanghaiBill · · Score: 1

      Problem is that there's no room to build.

      Manhattan is half the size of SF, but has twice as many people. There is plenty of room to build. Just look up.

      If there was really no room to build, they wouldn't need to deny any requests for building permits, because there wouldn't be any requests. Yet they receive thousands of requests every year, and deny almost all of them.

    27. Re: No right to $500 rent in SF by Hadlock · · Score: 1

      The other problem is that most of the best paying jobs (Google, Apple, HP, etc etc) are south of the city. And the youguns (me included, single, at 32) want to live in the city. Even if you build enough housing for the office space in the city, you still need another huge chunk of housing for the office space going south 40+ miles (Mountain View, Google's Headquarters). Further if you want to throw Apple in to the equation.

      --
      moox. for a new generation.
    28. Re: No right to $500 rent in SF by demonlapin · · Score: 1

      So, your plan to rescue Detroit is just to raise the rent?

    29. Re: No right to $500 rent in SF by jmcvetta · · Score: 1

      The central neighborhoods of SF are a pedestrian-friendly urban environment. Fairly well suited to human habitation. Outside of a few (also quite expensive) areas in Oakland and Berkeley, the rest of the Bayarrhea is a cars-only suburban wasteland of soul-crushing office parks and grim tract housing.

      Do you know how awesome it would be if there were an actual city in Redwood City? (RWC is one of the larger suburbs.) Pretty fucking awesome - the weather is way nicer down there, and obviously land is cheaper. Alas, no such luck. RWC is a hellish drosscape just like the rest of the 'burbs. People commute there only to work in the bigtech salt mines - then retreat back to cold, filthy, expensive, but walkable SF as quickly as possible.

    30. Re: No right to $500 rent in SF by Anonymous Coward · · Score: 0

      The problem is that even if you make $100,000 a year you can barely afford a 1bd/1ba living solo

      Are you kidding? In SF, $100k salary will pay rent on a tiny shitty studio apartment in the very worst neighborhoods. If you're lucky.

      Inflation is out of control. In SF $100k is poverty.

    31. Re: No right to $500 rent in SF by Anonymous Coward · · Score: 0

      Teachers in SF often make $100k. Unions, living wage, yada yada. And many of them still live with roommates or commute from the 'burbs.

      Also, the quality of public education in SF is spectacularly horrible. I've been to a lot of cities - large & small, rich & poor - and nowhere have I seen a population with such shocking ignorance as the SF natives.

    32. Re: No right to $500 rent in SF by Darinbob · · Score: 1

      I grew up in a small rural town. To me, suburbs and urban decay are identical. I'd rather have the tract home than any home in a city where homeless people sleep on my doorstep. You can bike in Redwood City, and the cyclists are less aggressive and self entitled there as well. People in San Francisco commute *to* Redwood city, making the biking a non-issue except on weekends. San Francisco is not walkable unless you're close to work or only stay within your neighborhood (and the neighborhoods there are competitive with each other, there is more infighting within the city with groups who should cooperate than competition with other cities). Human habitation is low because of the crime, pollution, and cost of living. If you want a soul you won't find it in the city, but that may just be my bias towards open space instead of concrete.

      I agree, transportation could be better outside of the urban core. It could be better inside the city too (my condolences if you have to rely on muni).

    33. Re: No right to $500 rent in SF by cwsumner · · Score: 1

      I suspect that SF has a long history of pretending that economics don't apply to its housing, based on the little I've read about it.

      Bingo. This is just basic supply and demand economics. San Francisco restricts the supply of rental housing. 95% of all building permit requests were denied last year. Rent control laws discourage landlords from entering the market. Then when the inevitable shortage occurs, they blame tech.

      And that is not because of the Tech industry, it is because of the local government people. Beauracrats and Politicians always think they can control the world by making laws, but they don't actually have the power to argue with Mother Nature! And economics is based on the laws of thermodynamics, not any human law.

      Making laws to force things that are not under our control, results in many unforseen side effects, as evidenced by this situation.

  33. You couldn't pay me to live in SF by Cro+Magnon · · Score: 1

    Literally, unless you're Mitt or Donald. Really, I'm just as happy in the Midwest, where I can get a good house for a tiny fraction of the prices on either coast.

    --
    Slow down, cowboy! It has been 4 hours since you last posted. You must wait another few hours.
    1. Re:You couldn't pay me to live in SF by OrangeTide · · Score: 1

      I'm glad that you're happy where you are, I grew up in the midwest. There are great advantages to it, lots of room, a real yard, and if you live in rural parts of the midwest there are lots of outdoor activities.

      But there is an ineffable quality to living in a vibrant city full of neighborly communities. And the smart people who move there learn to integrate into those communities and become part of them. The idiots that move to SF worry about the square footage of their apartment and how close they are to Whole Foods and a BART station, and hardly speak a word to their neighbors.

      --
      “Common sense is not so common.” — Voltaire
    2. Re:You couldn't pay me to live in SF by Anonymous Coward · · Score: 0

      "Those grapes aren't sour," OrangeTide sneered. "You just haven't learned how to appreciate their piquant flavor."

    3. Re:You couldn't pay me to live in SF by Gazzonyx · · Score: 1

      Out here I discovered the best of both worlds; the Twin Cities. Metro area, cheap suburbs, midwestern/European pacing and quality of life with a great tech scene as well as art scene. For icing on the cake, it would take me 15 to 30 minutes to take a bus to the downtown light rail train and that to the international airport for a 45 minute to 1 hour flight to Chicago if I want to catch a ball game and the Twins aren't playing. Realistically, 3 hours and I can fly from Chicago to nearly anywhere non-stop if I got the notion to do it on a whim. Also, the women out here aren't half bad. ;)

      --

      If I mod you up, it doesn't necessarily mean I agree with what you've said, sorry.

    4. Re:You couldn't pay me to live in SF by OrangeTide · · Score: 1

      I'm pretty sure that's how they make wine. Or at least kimchee.

      --
      “Common sense is not so common.” — Voltaire
    5. Re:You couldn't pay me to live in SF by OrangeTide · · Score: 1

      Twin Cities are great, and in the summer you can grab a saddle and ride the mosquitoes.

      --
      “Common sense is not so common.” — Voltaire
  34. Some tech innovation is called for here by Applehu+Akbar · · Score: 1

    Because the problem centers around housing in a city with limited living space, let the assembled minds of Silicon Valley come up with...residential barges. Not the fake offshore pipe-dream country in the middle of the ocean kind of barge, but floating condo developments that could be built in a shipyard and then anchored to any suitable place in San Francisco Bay where they could become part of the city's housing stock without pushing anyone out of their homes.

    Because barges full of techies would add to the city's tax and business base without displacing anyone from it, they would be a win-win for the San Francisco housing problem. After all, a miniature version of this solution has already been a success in Sausalito. Once the system is ironed out, condo barges would become an exportable idea to other places in the world with a housing squeeze. Social justice warriors, we're calling your bluff with this one. Either admit that you hate techies because they represent the evils of science, or forever hold your peace.

  35. Who has the right to live in SF? by Anonymous Coward · · Score: 0

    I am a well paid programming ("software engineer"), and I choose to live in SF despite the expense. Does the guy who paints watering cans have some higher priority over living in SF than I do? Not everyone on the planet Earth gets to live in SF just because they want to. There is only so much space in this relatively small city.

    1. Re:Who has the right to live in SF? by Xochil · · Score: 1

      How about your kid's teacher or coach who may have been living here for generations and have all their family here? Nope, they don't deserve to live here more than an "techie" transplant.

    2. Re:Who has the right to live in SF? by Anonymous Coward · · Score: 0

      So I was born in rural Idaho, and I'm not allowed to move somewhere better? Must we maintain a static society that preserves the status quo?

  36. Sanfrancisco-ites need to check their privilege by Anonymous Coward · · Score: 0

    They're all white straight men. They shouldn't complain about a little economic downturn. It's a long time coming.

    1. Re:Sanfrancisco-ites need to check their privilege by rubycodez · · Score: 1

      nope, 28% white male, 29% white female
      1/7 are hispanic
      1 /16 are LGBT

  37. I know the feeling by Anonymous Coward · · Score: 1

    We face a similar problem in Toronto and Vancouver, except the subject is way more touchy: People buying up all the real estate and jacking up prices are mostly Chinese and lots of these properties are being bought with cash, no doubt lots of it 'ill-gotten gains'. The problem is, if someone even dares talk about it, right away he'll be branded a racist.

    How is it fair that all this corrupt money comes into Canada and pushes up real estate prices? You think I'm just unhappy with my situation and a racist? Ok then, how about you read the story from the Financial Post:

    http://business.financialpost....

    1. Re:I know the feeling by Anonymous Coward · · Score: 0

      and this one:

      http://www.theglobeandmail.com...

      and this one:

      http://www.vancouversun.com/bu...

      I mean, I could keep going, but I feel like I've made my point.

    2. Re:I know the feeling by i_ate_god · · Score: 1

      Montreal doesn't really have this problem ;)

      --
      I'm god, but it's a bit of a drag really...
    3. Re:I know the feeling by Acid-Duck · · Score: 1

      No that's right, you guys are dealing with different problems which, in the end, will end up costing you just a much but instead in the form of taxes.

      http://www.macleans.ca/news/ca...

  38. But not the way people think by Anonymous Coward · · Score: 0

    Part of the reason for the massive property value in SF Bay area is due to monopolization. People want to blame the homeowners, but look at who owns property. The same mega companies own massive amounts of property and buy out anyone seen as competition. How many buildings are labelled "Avalon" in the Bay Area?

    The fix to monopolization does require State intervention, but it's not mandating fixed prices and rate increases. It's by breaking up monopolies to increase competition and level the playing field.

  39. Foreigners... by Anonymous Coward · · Score: 0

    I work in the Financial district and get to see the construction every damn day. There are massive buildings going up for housing, and several of those are already accepting lease applications.

    Sure, it could have been done faster.. but hindsight is always 20/20.

  40. There's a simple solution... by whitroth · · Score: 2

    The City should use eminent domain and take over large blocks, and rent them to public school teachers, college instructors, and make it available after that for people with an income up to 1.5 times the poverty level.

    And you libertarian assholes, as Phil Ochs sang, "go find yourself another country to be part of".

                      mark "oh, that's right, you don't believe in countries"

    1. Re:There's a simple solution... by TheSync · · Score: 1

      The City should use eminent domain and take over large blocks, and rent them to public school teachers, college instructors, and make it available after that for people with an income up to 1.5 times the poverty level.

      How about the city should drop their stupid height limits and let people build huge apartment buildings (like Hong Kong), then with the extra tax revenue generated they can build six 60-story apartment buildings and house all 6000 employees of San Francisco schools.

    2. Re:There's a simple solution... by TheSync · · Score: 1

      The City should use eminent domain and take over large blocks, and rent them to public school teachers, college instructors, and make it available after that for people with an income up to 1.5 times the poverty level.

      BTW, given the population density in SF, the average number of people in a 200 * 300 foot block is 37. So you would need SF City to take over 162 blocks to house 6,000 SF school personnel at current density.

  41. Re:I can't afford to live in Manhattan, so I don't by Anonymous Coward · · Score: 1

    Wrong, wrong wrong. The problem we're seeing in Vancouver and Toronto is cash deals to buy real-estate, cash deals made with corrupt money from China. Global and Mail, Financial Post and a few others have been writing about this problem for many years now (at least since 2012). Of course you don't hear too many people talking about it because if you dare to even talk about it, right away you're branded a racist.

    So I guess I'm a racist for being upset over the fact that corrupt money is jacking up real-estate prices.

    Just google "Financial post vancouver real estate china crackdown" A bunch of articles from different news outlets and different years will come up.

  42. Re:I can't afford to live in Manhattan, so I don't by Anonymous Coward · · Score: 0

    Whooops, somehow when I read your post the first time I skipped over 'neither of'. My bad :)

  43. Mod parent down by Prune · · Score: 1

    Actually, there is no difference on that point, because if you own, you also don't have a real right to live there, since the government can remove you from that land under eminent domain. You only have the privilege to pretend you own some land over which the government is sovereign.

    --
    "Politicians and diapers must be changed often, and for the same reason."
  44. Interns claim life is not fair! by Anonymous Coward · · Score: 0

    And they are right, it's never been fair though, so not exactly new(s) to anyone but them. One day they will figure out that the "techs" are not calling the shots and blaming them highlights a massive ignorance. Looking forward to those articles :)

  45. Re:I can't afford to live in Manhattan, so I don't by Anonymous Coward · · Score: 0

    The problem in Vancouver and Canada is corrupt money coming from China being used in cash deals to buy real-estate. Google 'financial post vancouver real estate china corruption'. Multiple articles from different outlets written in 2012, 2014 and 2015.

  46. I gess edukatin is a privilige two by Anonymous Coward · · Score: 0

    Consittering that kno teechirs can afford to live in san fransisko I gess the peps who life their will jist hav two del with a bunch of ignorint little brats.

  47. One has to try to be complete... by Bruce66423 · · Score: 1

    Actually there is the Old Testament option that requires the return of capital assets to their original owner after 50 years. It's a bit messy, and the terminology only applies to farmland. But it is an alternative approach; one British politician did propose replacing all freeholds with a 50 year leasehold from the state.

    1. Re:One has to try to be complete... by cwsumner · · Score: 1

      Historically, having the State own the land is worse than having individuals own the land.

      The problem that England has, is that it has been a conquered country since the year 1066, and has been owned and run by the invaders ever since.
      So the renters are English/Welsh but the landlords are Norman/Saxon invaders. Bad situation.

      Actually, in general land that is not owned by individuals is ruined. So having land "in common" is not a good idea.

    2. Re:One has to try to be complete... by Bruce66423 · · Score: 1

      I think Benn's proposal to move to 50 year leasehold wouldn't have ended de facto private ownership. The present problem in the UK is the rapidly falling rate of owner occupation because 'buy-to-let' has proved to be such an attractive option for the rich and moderately rich. We peaked at something over 80% for one cohort, but it's been falling rapidly ever since.

      Your history is... interesting. The 1066 invasion was merely the last of a series of invasions by Vikings from various parts of Scandinavia, the Normans of course being Vikings who'd conquered Normandy a few generations earlier. Given that since then we've had kings who were originally rulers of Scotland, Holland and Hanover come and rule us, it's... messy.

      The point about 'commons' is that they weren't; they were actually highly regulated, with different commoners having specified right to benefit from the grazing or whatever. Indeed when they are not regulated, things do easily go very horribly wrong. But this wasn't the case the English commons.

    3. Re:One has to try to be complete... by cwsumner · · Score: 1

      True. I was using the phrase "in common" in a more general sense.

      The point is that England, and Europe to a certain extent, is a different condition from many other countries. The United States and many other countries on the American continent have much less difference between the owners and the renters. And it was not at all unusual for them to effectively "switch places" occasionally.

      The idea of "shooting the landlords" sounds really crazy to us, much worse than "shoot all of the lawyers".

  48. Hmmm... by Bruce66423 · · Score: 1

    One starbucks and one paid for sandwich for lunch every day @ 250 days a year is probably $2,000 a year. a well chosen rental property will pay for itself - i.e. maintenance and mortgage payments. Ask your parents to borrow the deposit...

    1. Re:Hmmm... by rochrist · · Score: 1

      A) What the hell does that even mean, and B) my parents have been dead for nearly 40 years, why would I ask them anything? And deposit for what?

  49. controversial law that allows landlords to ... by MooseTick · · Score: 1

    "a controversial law that allows landlords to reclaim a building by taking it off the rental market"?

    Its controversial that a landlord can decide to stop renting when the rental agreement is complete and decide to live in their own property?

    1. Re:controversial law that allows landlords to ... by Xochil · · Score: 1

      They don't stop renting it and decide to live in it; they take it off the rental market and turn it into an Airbnb "hotel" or wait a few months till the renters are long gone (not around to verify the owners moved in) and then put it back on the market at 3x the cost.

      This is a common occurrence here in SF.

    2. Re:controversial law that allows landlords to ... by __aaclcg7560 · · Score: 1

      Its controversial that a landlord can decide to stop renting when the rental agreement is complete and decide to live in their own property?

      I very much doubt that the landlords are using the law to reclaim property to live in. More likely that they're using the law to charge higher rents or sell the building.

    3. Re:controversial law that allows landlords to ... by HornWumpus · · Score: 1

      Just the market routing around a stupid law. I approve.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  50. Partly their fault by Anonymous+Cow+Ward · · Score: 1

    This article is two years old, but goes into a good amount of detail on housing and rent in SF. A lot of the problem is due to people in various neighborhoods preventing, delaying, and increasing the cost of construction of new buildings.

    --
    Examine even your most deeply held beliefs. Nobody is always right.
  51. "The Outside" by SuperKendall · · Score: 1

    No, the choice was imposed from outside.

    Who exactly is "the outside"?

    What a load of crap. SF people vote regularily for the people who put the controls in place to make sure SF gets more SF every year... the tech industry hardly has anything to do with this beyond being an enabling force in letting prices get even higher because so many tech people can pay them...

    The residents of SF have voted regularly to get the city and policies they have in place now, so don't go whining you want tech people to leave and then vote the other way.

    --
    "There is more worth loving than we have strength to love." - Brian Jay Stanley
    1. Re:"The Outside" by sjames · · Score: 1

      The influx of new residents from the tech companies are the outside. The existing residents voted for the city they wanted to live in. Many would vote to evict the newcomers if they could so things can get back to normal for them.

    2. Re:"The Outside" by SuperKendall · · Score: 1

      If you try to make a place desirable to live those coming to live there are no longer "outside". Actions have consequences.

      The existing residents voted for a city that would attract those who live there now, and made sure the only people who could afford to live there is the tech community. That is what they wanted, whatever they said they wanted is irrelevant because that is not what they DID.

      --
      "There is more worth loving than we have strength to love." - Brian Jay Stanley
    3. Re:"The Outside" by sjames · · Score: 1

      So, you put in a nice new couch, thus making your living room attractive. You have no problem if you find me sleeping on it in the morning?

      Or might you consider me an intruder and demand that I leave and never return?

    4. Re:"The Outside" by HornWumpus · · Score: 1

      So you do support the landlords getting market rent! I'm a little surprised.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  52. Contracts are property. Regulated by the gov. by Anonymous Coward · · Score: 0

    A lease is not a privilege it is every bit a form of property as fee simple ownership.

  53. Put blame where blame is due by Dagmar+d'Surreal · · Score: 1

    Here's an idea... How about instead of blindly blaming the tech workers, someone makes an attempt to assign blame for the out-of-control rents to the people who actually have control over them?

    I know it sounds like a wild plan, full of risk and possibly requiring an hour or two of actual research, but it seems to me that calling out the property holding companies and landlords would be a far more effective way to put a stop to the rent crisis in San Francisco.

    I know it doesn't fit the narrative of xenophobia at all, because most of those people have lived in San Francisco for some time now. ...or maybe they don't. How would you know until you actually did a bit of research? Here's another possible avenue of research... Ask literally anyone working in the tech industry if they'd like to pay higher, or lower rent. ...then try and reconcile their answers with what's going on. How could it possibly be that despite every last one of them wanting to pay less in rent (something you have in common!) they are supposedly responsible for the increases in rent?

    ...or could it be that San Francisco's "natives" are really turning into a bunch of douchebag hipsters that think voicing their opinion is more important than having an opinion based on common sense and knowledge?

    1. Re:Put blame where blame is due by Anonymous+Cow+Ward · · Score: 1

      Actually, this article digs into the problem; partly it's landlords and companies, but local government and NIMBY anti-development citizens are a large part of the problem. They're blocking development (or at least, making it very expensive and slow), which means that it's really hard to make new places to live at anywhere near the rate that people are moving in.

      --
      Examine even your most deeply held beliefs. Nobody is always right.
  54. Earthquakes take San Francisco, who cares? by Anonymous Coward · · Score: 0

    Who gives a shit about San Francisco? I live in Almaden (San Jose) and I commute to Santa Clara right now. The longest commute I ever had was to San Mateo but that was still much better than working in SF. I don't look for jobs in SF and I have told recruiters too many times I am not interested in working in San Francisco. The way I see it, there's no parking in SF and it is always damp and cold.

    1. Re:Earthquakes take San Francisco, who cares? by Xochil · · Score: 1

      Among others, the people from SF who live in SF care about SF.

  55. We'll take the talented artists in the midwest by Gazzonyx · · Score: 1

    Artists have a long history of colonizing places that nobody else wants, and then adding value. Locally, we have an abandoned copper mining town that artists reclaimed and made their own, with galleries and restaurants that attract locals and tourists. Displaced artists will move on to the next ghost town.

    We gladly accept those artists with talent in the Twin Cities which has a great culture of technology and art. These two things aren't necessarily opposed to each other. In fact, around the world famous Walker, the art district can be more expensive than downtown Minneapolis. The Walker, of course, having the namesake of the lumberjack that funded it and essentially kicked off the art district a few generations ago. I guess, I've come to realize a lot of these issues are cultural rather than specifically geographical.

    --

    If I mod you up, it doesn't necessarily mean I agree with what you've said, sorry.

  56. false by Anonymous Coward · · Score: 0

    Your property taxes and other cost of living will rise to the point where you can't afford to live there.

    You will be forced to move when gentrification happens.

  57. Cue shallow Slashdotisms... by Anonymous Coward · · Score: 0

    Be the best at being the best and you won't have a worry about taxes and societies and stuff.

  58. mortgage free homeowner? by Anonymous Coward · · Score: 0

    "So, unless you're a mortgage-free homeowner, whoever holds the title on your property has the right (no quotes) to force you into indigency on a whim? "

    The government can do that anytime. They can take away your house because you didn't pay your hyperinflating tax assessments, or write up a ton of bogus code violations because you refused to sell your house at a discount to a crony looking to buy.

    What are property rights?

  59. Oh, boy, where do I start by rsilvergun · · Score: 1

    you've already been flamed left and right (and somehow manged a 5 insightful) so I'll skip all that and be a more constructive.

    You're forgetting (ignoring?) the people infrastructure that all those tech workers depend on for their high quality of life. Police, Fire Department, Cooks, Shopkeepers, teachers (TF summary mentioned these ones), construction workers, etc, etc. These are the people that can't afford to live in San Fransisco.

    What we're all forgetting (intentionally?) is what we did to these people in the past. Slavery for the lowest of them ( Cooks & Construction ) abject poverty for the rest. This is what they'd be doing in San Fransisco if they could, but digital communications make it much, much harder. We're talking about it right now, and some of us are afraid of it happening to us. We see the race to the bottom and we recognize we can't all be winners in winner take all. Yes, mathematically the economy isn't a zero sum game, but that doesn't really matter when you're making 25 cents/hr.

    --
    Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
  60. Spoken like a man by rsilvergun · · Score: 1

    (or woman) who's never been too broke to move. You don't get to choose the city your born in, and all it takes is once illness or a couple of layoffs in America to blow you out of the water. You'll also ignoring all the people those tech workers depend on (Police, Fire, Teachers, Construction Workers, Electricians, Shopkeeps, etc, etc) as well as the squalid living conditions most people had until we stopped allowing income inequality of the sort San Francisco has.

    Moving isn't that easy, and the rich of San Fransisco want services people offer. So far what I see is them finding ways to get those services without really paying for them. A hundred years ago we called that slavery and were honest about it. These days we just blather something about personal responsibility while somebody loads 16 tons and sells their soul to the company store...

    --
    Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
  61. English terminology... by Bruce66423 · · Score: 1

    The discussion is about people complaining about being unable to invest in property. I'm arguing that it is possible to do so with the support of other family members... The reference to 'deposit' is the amount the mortgage provider requires you to provide as cash before it will lend you the rest of the purchase price of a property. I imagine the word is something different on the west side of the pond, but I assumed in the context it would be clear enough. Mea culpa.

    1. Re:English terminology... by rochrist · · Score: 1

      That isn't /really/ what the whole of the discussion is about, and the cost of actually owning real estate in SF is beyond ridiculous at this point. It would require a little more than a loan from your family to afford it. Also, on this 'side of the pond' it requires a good deal more than just having the deposit to get a mortgage lender to lend you money.

  62. Fools by samantha · · Score: 1

    The tech industry is the liveblood of the area. If they want substantial money to leave the city then they are asking for a lot of unintended consequences. Who do they think pays for most of the costs of various services and safety nets?

    No one has a right to live in any particular place if they can't afford it. When there is high demand and limited housing the price i going to go up. This is not in the least unjust.

  63. Re:LOSERS need not apply by Darinbob · · Score: 1

    But not many programmers live there. The few who do all commute south to go to work. The people who work in San Francisco at the faux-tech companies are just building stupid apps by morons for morons, they couldn't do any real programming anyway much less any engineering.

  64. Re:I can't afford to live in Manhattan, so I don't by dyslexicbunny · · Score: 1

    Isn't that because foreign money is buying up property like mad? I remember reading stuff that talked about wealthy Chinese doing it because if they have to flee, they can't stop at a bank. I wouldn't be surprised if other regions of the world were doing it too.

  65. It's about "wanting" not "rights" by Anonymous Coward · · Score: 0

    Of course there's no right to stop people from coming to San Francisco and changing the nature of the city and the region. After all, a lot of Irish and Italian families felt the urge to move out of the city when hippies started focusing on San Francisco. But people also have the right to root against the tech companies and those who work for them.

    I would love to see a local bust. It's not my right to stop newcomers from renting and buying property, but it's my right to be of the opinion that a lot of newcomers are obnoxious and that the city has changed in ways I don't like. In many ways, San Francisco is becoming a new Manhattan. A bust might make sense economically too. If things are being outsourced to India, why not outsource to other regions of the US. I don't see why coding needs to be so centralized in the Bay Area.

    Anyway, 95% of the comments are focusing on a red herring: that this can be legislated away. This is about people rooting for a comeuppance for the tech industry and those who work for it. For all the people saying, "just deal with it," I say the same thing back: "just deal with" a lot of natives and ex-pats rooting against you. It probably won't make a difference but you don't have the "right" to be liked.

  66. Portland is no longer a liveable city. by Futurepower(R) · · Score: 1

    Portland is no longer a liveable city. There are 2 reasons: 1) The air is poisonous, much worse than before. The news stories linked below don't discuss all the issues. 2) During all hours of the day there are terrible traffic jams.

    The problem with the air is more than pollution, the air is poisonous:

    Intel has been emitting fluoride for years without state knowledge, permit. Quote: "When Intel applied for D1X approval, the company considered its fluoride emissions insignificant and did not include those. It was only when the company applied for the new DEQ permit required by greenhouse gas regulations that it requested a 6.4-tons-per-year fluoride emission limit. " 6.4-tons-per-year!!!

    Oregon warns home gardeners, Portland leaders lash out at state pollution response. Quote: "Regulators have known for years that Portland has high levels of the heavy metal cadmium in the air, but didn't know until 2015 what the likely sources were." Another quote: "The department's own air monitoring found arsenic levels were 159 times higher than the state's safety goal in Southeast Portland and cadmium levels were 49 times higher."

    Portland pollution: How does it affect you? Quote: "Tests detected cadmium and arsenic near Bullseye Glass in Southeast Portland and Uroboros Glass in North Portland. Superheating the metals, which are used to add color to glass, can send small particles up smokestacks and into surrounding air." The next paragraph: "The state also found that another carcinogen, hexavalent chromium, was used by the two plants."

    There are now traffic jams most of the day. Yet Portland city management is allowing the construction of large buildings with no parking! One story: New Portland apartment buildings with no parking have neighbors worried about congested streets.

  67. San Francisco? by Anonymous Coward · · Score: 0

    This stuff is self leveling. Anyone who has lived in Silicon Valley for a couple of cycles remember 89, when house values fell through the floor. Didn't recover until late 90s. With the shear number of idiotic startups now, there will be another crash. The workers in SF may find that no one can afford their designer dog treats or $8 special coffees, and they may wish for another boom. At least apartments will be available, and rents could even come down a lot.
    SF is a very expensive city, but move east or north aways and you can have a decent life.
    Problem is, many want SF AND cheap living. Sorry, you have to wait for the next crash. Don't worry, the people can only support so many restaurant and grocery delivery startups. None made it through the last crash.
    Want it messed up permanently? Get the government involved...

  68. TO ALL OF CALIFORNIA: Stop moving to Portland by Anonymous Coward · · Score: 0

    Look, the problem is that everyone "tired of living in SF" is moving to PDX in droves. STOP MOVING HERE. STOP IT. We are all out of jobs and housing!! Stay where you are!!! Evictions are rampant, high rise condos sprout up like weeds, neighborhoods are being ruined. You can't imagine the resentment people are feeling towards all the Cali invaders. They will find NO friends here. No, maybe it's not really fair; greedy developers are really the ones to blame, but THEY are still the ones moving here-- STOP DOING IT. Stay where you are and learn to live with it!!!