Please join HANC on Thursday, January 9, at the Park Branch Library, 1833 Page Street, as San Francisco tenant leaders discuss possbile solutions to the affordable housing crisis.

San Francisco has now reached a dubious “first place”:  Our city is the most expensive place to rent an apartment in the United States. This is not the first time we have achieved this distinction but it comes during a period of declining real wages for many middle, lower and fixed income people who make up a disproportionate number of renter households in San Francisco.  The crisis, while new, seems far more alarming and destructive, demanding far reaching policy changes. 

The Lee administration is dusting off the same old, same old lines: we need to offer home ownership to “middle income” San Franciscans (usually defined at folks earning above 150% of median or nearly $150,000!); we need to allow the “private market” to “build more housing” even though as shown in last months article the more market rate housing we build in San Francisco the higher prices climb,; we need to lessen “regulation” even though we are building 150% more market rate housing than ABAG says we “need”!

 

 

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