[psoots]

There is one problem with supply-side solutions to housing affordability: as the rich move in, the poor will be displaced. As temporary as the rise in housing cost may seem to supply-side economic theory, displacement of the poor has ongoing consequences. Their concerns are moved figuratively and physically to the edges of society. We're not talking about cars or soccer balls. We're talking about the very geographic units that are the basis for our representative democracy. From the electoral college to district maps, geography still determines who represents you. Beyond representation, there are other concerns that are very much influenced by geography like schooling and health services.

[hx87]

The rich will be moving in anyway, unless you specifically restrict purchases, and even then, they will hire lawyers to get around them. If I'm a wealthy person looking to move to SF but there are no luxury condos to buy, am I just going to give up? Hell no. I'll buy a crack house that some poor folks are renting, kick them out, and fix the place up. Building the luxury condo means I'll leave the poor folks alone.

[pnutjam]

or you'll live in some nearby expensive area and commute, this is what mostly happens now.

[ng12]

The poor don't need to be displaced unless you artificially restrict growth. It's one thing I appreciate about NYC. There's essentially three types of neighborhoods, organized by price:

1. Cool neighborhoods 2. Convenient neighborhoods 3. Cheap neighborhoods

You can find stupid cheap housing in Queens/Brooklyn/Bronx/Jersey and still be able to take the subway to Manhattan. Why is NYC like this and not SF? Because as the city grows they re-zone neighborhoods (e.g. Downtown Brooklyn and LIC) and expand subway/bus-service further out.

[jimmywanger]

> as the rich move in, the poor will be displaced

I don't see where you're getting this from, if you're creating new housing units. When rich people move into housing units that previously didn't exist, who's getting displaced exactly? We're not talking about remodeling existing units, we're talking about new supply.