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by rayiner
4495 days ago
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SF isn't dense enough to play that card. The core part of Chicago has 2m people living in an area as dense on average as SF. But comparably dense neighborhoods in Chicago are much cheaper. Part of that is lower demand, but it can't be ignored that Chicago builds thousands of new apartment units per year, while SF builds maybe one or two hundred. |
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You also can't directly compare neighbourhoods by density alone - many ways of increasing density brings lower prices per unit. Consider high density housing projects with tiny apartments. Others bring higher prices - think luxury apartment buildings.
The point in any case was not that SF bureaucracy does not influence prices, but that you can't just point to differences in planning rules and lay the entire difference in house prices on that with no further justification when comparing two such different places.