Sources: http://experimental-geography.blogspot.com/2016/05/employmen... http://spothopping.com/sfhpn.html
You'd have an easier time rezoning old industrial areas into residential, like they did with Mission Bay.
No way; that would be a piece of cake. The only reason it's not happening now is that zoning law forbids it. If that were changed, homeowners would be falling over themselves to sell their land to apartment developers; it would be a giant windfall for them. In fact, you'd have to charge a steep development fee to reduce that windfall to something modest in order to ensure that only 6% volunteer to do it.
Want to knock down a burned out building full of crack addicts? No way, pal, that's going to make the property taxes go up when house values aren't depressed!
Finding a place to live there absolutely sucks and I hope someone eventually makes progress towards fixing it but I'm not sure telling people to stop taking good jobs is going to fly.
Or would that just not work there?
- It's in the best interest of the city because it brings more people there and they get more taxes (only X amount of people can live in the city if they're not building anything new).
- It's in the best interest of the existing / new businesses because they gain access to new talent pools and they can, eventually, spend less on them.
It's really only NOT in the best interest of the properly owners who want to milk people for as much money as possible. Honestly the government just seems really corrupt or downright stupid to me. They could make SF into an amazing city but right now it's a bit of an eye sore in many ways.