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Comment by Alupis | Hacker News Reader

And/Or move their companies too. Particularly all the "tech startups" that think they don't need physical office buildings anymore. For a lot of companies, SF is becoming difficult to justify.

Well-intended ideas, not fully thought out, leading to unintended consequences... nothing really new for SF.

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People in San Francisco have long been angry at tech workers for driving up prices... Driving them out may be on purpose!

If that’s the goal then I think this is a good initiative.

That would be a foolish goal, SF is part of Silicon Valley, that will be like a suicide.

And then wonder why the city's tax base dies and turn into detroit.

That’s because the “mostest wokest” dont live in SF long enough to be bothered by the consequences of their votes.

I understood this to be the primary intended consequence!

San Francisco is overheated and a majority of residents would expect to benefit from CEOs or tech companies reducing their pressure on housing and services.

Then they will realize the majority of landlords already don't live there: domestic and foreign investors.

getting tech out of SF would actually do a lot of people good. I've worked at countless software companies and always wondered why the companies had to be located in the most expensive city in the US.

Isn’t it the most expensive city because of all the tech workers? Wherever you get a congregation you’ll get that effect (as Austin and Colorado are finding out), and companies generally start where workers are available (that‘a why film and entertainment industries are still largely is in LA, New York, London even if they film around the world)

Only partially. You are correct that congregation does drive up prices. However congregation drives building more housing and other things which drives prices back down. SF has done less to drive prices back down than any other city and as a result has the most expensive housing. Eventually an equilibrium is reached (in practice this is false as things are always changing, but close enough)

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