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by minwcnt5
1064 days ago
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You might be underestimating the effect of prop 13. There's a large number of older SF residents who aren't techies, but can easily afford to live here because they bought property here 20+ years ago when it was much cheaper and now pay almost zero property tax. To be sure there are a lot of people in tech jobs, but there are lots of other well-paying jobs in the city in areas like finance, law, consulting, etc. |
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The hypothetical person in your example must be making way under local poverty level income to have trouble living in SF without housing and tax expenses.
They could get a job, or move out and extract rent from a techie.
From my perspective, they are sitting on a winning lottery ticket and whining about how they don’t want to spend it, but want all the other benefits.