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by mcguire 2483 days ago
Would the rents actually be better, or would people now in Oakland move into SF?

The retirees could sell their property to developers for millions. The losers would be those who want to continue living there, but are taxed or zoned out of their homes. See "gentrification" and "regulatory taking".
2 comments
closeparen 2483 days ago
If people in Oakland want to move into SF and can afford it at current rents, they're doing it now.
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jandrese 2483 days ago
Increase the supply and the price eventually has to drop. Basic supply and demand. That said, this problem has been allowed to grow exceptionally big and there is an fantastic amount of pent-up demand that would have to be satisfied before prices really started to normalize.
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mcguire 2483 days ago
Add anti-lock braking systems and automobiles have to be safer. Basic physics.

https://en.wikipedia.org/wiki/Say%27s_law

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