if all tech workers leave, won't this impact the businesses that employ the service workers? At that point, what's the point of affordable housing if the service workers don't have jobs?
I've talked with residents who lived in SF back when it was a lower income city. Here's what they had to say.
Example: there used to be a time when you could find sporting good stores, tire repair shops, thrift shops, toy stores, and generally not-very-much-money making businesses in SF.
Those are all gone now - priced out.
If tech workers left, it's not like their office space would stay vacant. It would get repurposed. Those kinds of businesses would move back in.
They'd need service workers, so they'd get hired back.
And house prices, rent prices would drop.
If you think that's unrealistic, I would say: that's far more realistic than hoping for something that demonstrably is not going to happen - say, 500k new housing or apt units being built. That's not gonna happen.
If you want more affordable housing at any cost, no matter what, this is one actually realistic way to get there.
> If tech workers left, it's not like their office space would stay vacant. It would get repurposed.
I'm just not sure it would, at least not until the long term. It's pretty challenging to make a retail store work on upper floors of an office building.
I've talked with residents who lived in SF back when it was a lower income city. Here's what they had to say.
Example: there used to be a time when you could find sporting good stores, tire repair shops, thrift shops, toy stores, and generally not-very-much-money making businesses in SF.
Those are all gone now - priced out.
If tech workers left, it's not like their office space would stay vacant. It would get repurposed. Those kinds of businesses would move back in.
They'd need service workers, so they'd get hired back.
And house prices, rent prices would drop.
If you think that's unrealistic, I would say: that's far more realistic than hoping for something that demonstrably is not going to happen - say, 500k new housing or apt units being built. That's not gonna happen.
If you want more affordable housing at any cost, no matter what, this is one actually realistic way to get there.