Quote:
Originally Posted by Qubert
If Manhattan or SF become islands of wealth then tax their apartments to build more affordable housing in Newark, NJ and Oakland. People talk about elitism but then act like certain areas are below them. It's one thing to provide housing as a part of social welfare, but another to demand that luxury areas/cities be accommodating to people who can't afford them. Not even the most left-wing countries in Europe go this route.
Like food, I might have a right to basic rations, but not to a 20oz porterhouse from Peter Lugers. Likewise, even if we agree to housing being a part of the social compact, I don't have a "right" to live at 5th and 73rd.
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Can't speak for Manhattan but San Francisco requires up to 33% of units in new market rate buildings to be "affordable" (aka "below market rate") for which people over a wide range of incomes up to 150% of city median can be eligible (it varies for different units).
Developers have the option of putting these units in their market rate buildings or building separate buildings for the "affordable" units off-site. The off-site option leads, of course, to a disagreement about where: Should these buildings all be in lower cost areas effectively turning them into ghettos of lower income people and services for such people or should they be distributed around the city in spite of the fact that land costs more in better areas meaning you get less housing for your buck? As things are, the housing is pretty widely distributed but not yet in the most expensive areas (Pacific Heights, Marina, Noe Valley, upper slopes of Nob Hill, Telegraph Hill etc).
And this is not low quality housing. This is an "affordable" building built to satisfy the requirement for a 40-story market rate tower across town:
http://1400missionsf.com
I'd live there (if I could qualify). Note that the taller tower down the block seen in the rendering is new market rate housing targeted at techies working at Twitter and similar nearby companies.
According to this site, there are 358 developments (the Mayor's office says above over 3000 units) of "affordable" housing in San Francisco, some rental and some for purchase:
https://data.sfgov.org/Housing-and-B...Requ/i9x4-xhtt
Again,
this is not "public" housing. By national standards, these units are not inexpensive. They are just inexpensive by SF (and Manhattan) standards. Nearly everybody in them is working and making a solid (even upper) 5 figure salary.