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by arnoldwh 4574 days ago
Hopefully, people can work together to what I think could be 2-3 good outcomes that help alleviate some of these very real problems:

1. Public Transportation: both inter & intra-city transportation is very poor. It's extremely hard to travel between neighborhoods in San Francisco, and it's a huge reason people rely so much on Lyft and other providers in the city. Also, it's really difficult to travel between SF and Oakland (as well as other cities). Creating better / more infrastructure that connects these two should help ease supply constraints that cause these price spikes in the first place. Not sure how feasible this is...especially looking at other cities experience in public transportation (example: bay bridge).

2. More supply. One of the effects of previous legislation to keep the SF "neighborhood feel" was that it constrained new supply coming into the market. Unfortunately, it takes a few years for new units to come into the market, and it's obvious it's not keeping pace with demand. There of course needs to be a balance vs. keeping SF's historic appeal, but maybe the previous compromise leaned too heavily against putting up new units.

3. Government subsidies / rent control to help ease rapid price hikes. I'm not as big of a fan of these, but largely because I don't quite understand all the economic/social effects.