Posted Mar 8, 2014, 9:51 PM
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Never Dell
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Join Date: Jul 2001
Posts: 19,797
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Finally you admit that I didn't say those things, and that you were guessing about families being in the majority.
As for rents on older apartments, overbuilding makes them a lot cheaper but just keeping up (2014, not 2012-2013) also plays an essential role -- let them stay reasonable. Seattle's $1,000 apartment from the 1960s or $700 accessory apartment costs $3,000 or $2,000 in San Francisco because they fell way behind.
We won't ever be a cheap city. That only happens when demand plummets, like a city hollowing out. But we'll avoid the big increases that nimbyism would bring.
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