[tomkarlo]

I'd have to take issue with the idea that an influx of well-paid workers "distorts" the housing market. Do they drive housing prices up? Yes. Is that really a "distortion"? It seems like the normal process of supply and demand to me.

What I'm taking issue with is the underlying hypocrisy of folks who want the benefits of this influx (higher taxes, more city services, young people moving to town and spending their money) while complaining about what they perceive to be the negative effects like higher rents and Google Buses. They fail to note how many negatives would come from _not_ having a robust industry locally - fewer city services due to less tax revenue, more crime and an aging population that earns less and leans on city services more.

SF spends more per-capita on social services and non-profits than just about any other major US city. That budget comes in large part from the paychecks of these single young people who are choosing to pay some of the highest total federal/state/city taxes in the nation. That's why I find these kind of pieces hugely objectionable. Their underlying message is "we'll take your money, but you're an outsider that's not really welcome here."