Exploring the dividing lines between rich and poor in American cities
storymaps.esri.com
storymaps.esri.com
What about height and floor area limits, surrounding communities on the peninsula that won't build, aggressive neighborhood associations in San Francisco, overly-restrictive building and zoning codes (wife is architect in SF, currently going through 2-year permitting process on one of her projects), and excessive developer fees?
It's telling that other cities, e.g. Washington, DC, are experiencing similar levels of economic and population growth, without all the hand-wringing, just by building more hosting stock.
It doesn't have to be this way. It's this way because SF's electorate chooses to make it this way.
Housing is being built in the district, but there are hard and soft limits to how much can be made available. DC is tiny, and land in and around the city center (or near a metro stop) is at a premium. Furthermore, the District has laws restricting the height of buildings - no new building is allowed to be taller than the top of the Captitol building. That's the hard limit - the soft limit is that D.C. politically is really pushin back against gentrification in all forms. There's a lot of effort being spent to keep neighborhoods and areas the way they are, which makes developing rather difficult.
Maryland has had cheap housing for a while, but it's been developed already - there's nothing new being built, because it's either already at capacity, or the land is never going to be built on because it's in a super rich community. Maryland (well, the parts of Maryland amenable to housing) also has the complication of being separated from the city center by north east D.C., which is mostly residential and terrible to commute through. This wouldn't matter if the metro functioned properly, but it's been on the fritz for about 3 years now.
This has resulted in a massive building spree of high rises, both for luxury condos and cheaper apartment blocks, on the other side of the river in Virginia. The Ballston area in particular has had three new apartment building open up in the last year, with more being built as I type.
Sorry for the ramble, it's just interesting having grown up here, and seeing some of the reasons why things are the way they are.
Needless to say that's not even close to keeping up with population growth, let alone to qualify for the definition of "plenty"
That is even less true. There's almost no affordable housing being built in the Silver Spring or Bethesda/Rockville area.
All the condos in new construction start at ~$300k for a 1BR, which is definitely not in the affordable category.
Still waiting for those counterexamples with Zillow listings and the such.
In SF, the median household income is 84k. [2] The median 1br sale in SF was for 827k. [3]
I'm willing to debate what constitutes "affordable" but let's call a spade a spade. SF is in an entirely different league of affordability than DC. And my contention is that anti-development policy plays a big part in it.
[1] https://www.washingtonpost.com/news/local/wp/2016/09/15/d-c-...
[2] http://www.sfhip.org/index.php?module=DemographicData&type=u...
[3] https://www.trulia.com/real_estate/San_Francisco-California/...
OP: "there's nothing new being built", to which I said there is plenty being built.
Then: "there's maybe 1-2 luxury high rises going up at once at the most", to which I said there is "plenty of housing being built that is not "luxury high rises"".
Now the retort is "There's almost no affordable housing being built in the Silver Spring or Bethesda/Rockville area."
I don't even know what you define as "affordable" but I will leave you with a $300k brand new 3BR townhouse condo right near the Beltway. I'm not going to answer your claim about SS/Bethesda/Rockville because nobody ever claimed there is plenty of affordable housing being built there. With that you can go and slide your goalposts around some more even though I have negated every single strawman that has been thrown up here.
http://www.drhorton.com/Maryland/Maryland/Glenarden/Woodmore...
At this rate LA will have more transit, subways and dense housing than SF in a few decades.
> It's telling that other cities, e.g. Washington, DC, are experiencing similar levels of economic and population growth
And not are all tech hubs. Nyc is more finance driven than tech. D.C. is a very different beast.
Kind of silly, but not entirely.
Also, isn't there a lot of utility by looking at assets as well. It wouldn't seemingly change a discussion around the article presented, but it is kind of pointless to have a discussion of annual income and neglect people that have assets greater than their income, liquid or not.
Minimum wage is $7/hour. 40 hours a week * 52 weeks and you're not even making $15k despite working full time and not taking even a week off. Pretty abysmal.
Many people are really struggling out there, that is something I think many either aren't aware of, ignore, or forget.
I couldn't ever forget.
Really? 1 in 20 people make that much money annually?
The article's sources are listed at the bottom of the page, and they are primarily household income statistics.
http://storymaps.esri.com/stories/2016/wealth-divides/index....