Edit: I do realize more programmers moving to the bay means higher rents I just think its the fault of SF for not building enough housing http://www.theatlanticcities.com/housing/2013/10/san-francis...
Edit: I do realize more programmers moving to the bay means higher rents I just think its the fault of SF for not building enough housing http://www.theatlanticcities.com/housing/2013/10/san-francis...
(1) Anti-development mentality on the part of city councils, zoning boards, etc.
(2) Geographic containment of the area.
(3) Shitty public transit and overcrowded roads.
(4) Foreign investors driving up the price of RE.
... in roughly that order.
#1 is largely the fault of this same stereotypical bunch of braindead trustafarian hippies, since they tend to oppose building pretty much anything because it destroys the Earth, man. In so doing they play their role in the gentrification cycle, constraining supply to drive up rents and drive out the genuinely underprivileged.
As I said elsewhere: fuck these people.
I would much rather see these protesters target the real source of the housing crisis in the bay area rather than the much more convenient target that large tech companies represent. Although I do think Google's Eloy buses are pretty repugnant and they would be viewed more favorably if they contributed something to public transit. So why don't these protesters start showing up to city council meetings, or at property management companies, etc.? Target the landlords and the politicians. It's obviously not in the tech companies' best interests to have to pay their workers inflated wages just because the greedy landlords keep jacking up rent prices.
"Improving" the houses in a neighborhood almost always increases the value of other houses in the area.
Whether this creates a class disadvantage through displacement or a reduction of affordable housing is another issue, but blaming conservative property owners is not an accurate motivation. The transfer taxes[1] on housing turnover supplied a great portion of Oakland's revenue during the bubble. Given that Oakland has a weak retail (and therefore, sales tax) market, it really needs real estate to pick up.
The question seems to be, if you have your own distinct infrastructure and shared spaces, are you really living in your community?