Der kalifornische.Generalstaatsanwalt hat einen Prozess gegen Exxon Mobil angestrengt, weil der Konzern.den Verkauf von nichtwiederverwenbarem Plastik über Jahrzehnte mit Fehlinformationen über Recycling gefördert habe. Die Firma hätte gewusst und bewusst verschwiegen, dass eines ihrer Hauptprodukte erheblich zur Plastik-Verschmutzung beiträgt. NGOs, die Exxon ebenfalls verklagten, begrüßen, dass damit ein Ölkonzern auch wegen der Plastikverschmutzung juristisch zur Rechenschaft gezogen wird, under erwarten weitere Prozesse dieser Art. https://www.nytimes.com/2024/09/23/climate/california-exxon-mobil-plastics-pollution-recycling-lawsuit.html

Berger, Eric. ‘As Omicron Peaks, the US Healthcare System Is Left “Broken beyond Repair”’. The Guardian, 4 February 2022, sec. Society. https://www.theguardian.com/society/2022/feb/03/us-coronavirus-healthcare-system-providers.

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Tech’s Embrace of Remote Work Sends San Francisco Rents Plunging. (2020, July 1). Bloomberg.Com. https://www.bloomberg.com/news/articles/2020-07-01/tech-s-embrace-of-remote-work-sends-san-francisco-rents-plunging

Cohn, S. (2020 May 01). Face masks: What the Spanish flu can teach us about making them compulsory. The Conversation. http://theconversation.com/face-masks-what-the-spanish-flu-can-teach-us-about-making-them-compulsory-137648

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That's not a non-sequitur at all. If you build a bunch of things, it will change the landscape.

This statement was totally on point and to the point: defending "neighborhood character", as more conservative voices often do, is at odds with major development.

And yet, earlier in this article, the process is criticized for being undemocratic. Which is it, dude?

Love how Marcej grounds his argument in the everyday geography of the tech world.

So neat to see Barcelona on this list having just returned from spending a few days there in January. As I was walking through the streets there I was thinking to myself, "Wow, wouldn't it be amazing if San Francisco could have multi-story apartment buildings block after block like this. This feels like a real city!"

This is true and needs to be called out.

I think a lot of that stock was built when federal funding was higher. Now it's not. So what do we do?

Also, what deregulation?

The value of a unit depreciates with time (normalized for any trend in overall prices). That's a very different scenario than taxes.

The issue with this paragraph is that it assumes regulation is not to blame for the high cost of affordable housing. It may well be the case that it is.

This is an article about the problems with unregulated markets, or markets regulated for the benefit of the wealthy. The headline is frustratingly negative and one has to read all the way to the bottom for proposed solutions, nearly all of which actually do involve building more housing (while regulating the market so that a large chunk of that is affordable).

Now we're talking. Welcome the new wealth, tax the hell out of it, and re-invest that in equitable developments.

Yes!

We should also be vigilantly opposing any development near transit hubs that has a significant amount of parking. There is no excuse for having parking in a luxury building near transit when there could be affordable units.

Yes. And San Francisco did just pass a tax on houses sold within 5 years of purchase. Good, work!

Right. So build 100,000.

Throughout this article a basic statistical reasoning error is made. The reasoning goes: the average cost is higher, so there is less affordable housing. Seriously affordable housing often comes with subsidies and income restrictions. It doesn't matter how much more expensive the high end is, that housing is still going to be affordable, and the people with high salaries cannot live there. The average price goes up, but the price of income-controlled housing does not, necessarily, go with it, because that price is controlled by regulation.

Of course, the rates for affordable housing are pegged to a percentage of the media income, but if enough of the new building is affordable housing the median doesn't change.

Affordable housing advocates should be fighting for lots of building because there are people who are not wealthy that want to move here, too, and there are not enough units for them, either. Not building accomplishes nothing for lower-income residents.

This is why in a boom time we should be milking the developers for every last unit they're willing to build. When the inevitable bust happens, this will be our middle class housing stock. In fact, the more we build now, the cheaper each unit will be if demand does fall sharply. If things end up really bad, maybe the city can even pick up foreclosed buildings for cheap and turn around and make them into affordable housing.

This person has never heard of Detroit.

Straw person arguments!!!

Upzone and regulate!!

Like building something bigger with rentable units? Upzoning creates the financial possibility that zoning is otherwise prohibiting the owner from realizing.

This cost curve just has several phases. Building up does mean that prices can be lower, up until the phase change where materials shift and architecture changes.

Only in an unregulated market is this true. So regulate it, stupid!

Right. That means there is a margin. That margin could be reduced, such as by requiring more affordable units. As long as it doesn't go to zero, building will still happen.

This reasoning does not have to assume developers will pass on the savings. San Francisco could instead use policy to regulate the number of affordable units. Streamlining the development process would lower the cost so that new building can still generate a return with a larger percentage of available units.

The "trickle down effect" doesn't have to "work" here. The purpose of building more housing is not to have the price of affordable housing be lower. It's to have the price of market-rate housing be lower. That will happen if you build more housing.

And without new buildings to rent, they will pay for the ones where the teachers, government workers, nurses and baristas are currently living.

Or, new buildings could be built, leaving existing tenants to stay where they are.

However, there are limits on what you can charge for a piece of property. Being in a desirable location is not the only factor. If you have an old, small, wood building next to a large, new build luxury loft, guess which one is going to be cheaper?