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by swagv1 3719 days ago
But this is old news. The vilified industry is different, but they were saying many of the same things in the 1990s.

Then as now, not everyone is entitled to a nice two-bedroom San Francisco flat for $2000/month. Tokyo has figured that out. Moscow has figured that out. London has figured that out. Why are San Franciscans so slow to catch on?

2 comments

The people already owning in SF have a different and arguably better life than the current people in Tokyo or Moscow. Classic argument where people on the inside would prefer to keep it exclusive.
London has figured it out? Last time I read about rent in London it was a politically explosive topic.