This is not only why housing in SF is so expensive, why people are being priced out and evicted, but a road map for why we don’t have teachers, nurses, cops and restaurant workers, why school enrollment so low, why the city is becoming a Union Made catalog (ah, irony).
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On the flip side... this is saying employees who do software work bought 0.38% of the houses in San Francisco last year.
Imagine if the housing stock were expanding at 3% per year... maybe the effects would be different.
Apr 20, 2019 · 7:09 PM UTC
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