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by bparsons
4549 days ago
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The people that gentrified the neighborhood 20 years ago, are upset that younger, richer people are moving in on their territory. The NIMBYs are responsible for the complete lack of new market housing in SF, and have hilariously priced themselves out of the market. |
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http://www.socketsite.com/archives/2013/08/all_48000_san_fra...
I'd guess that there are NIMBY building costs that prevented housing construction until the rent got so high, but it does look like an end is in sight.