Quote:
Originally Posted by bossabreezes
I'm no genius, however, wouldn't restricting office space just make affordability worse and worse?
San Francisco will always be an important city, but this could cause lots of companies to decide to set up shop in Oakland instead. Which is great for Oakland, but SF can (and still should) handle more development. Both office and residential.
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Yes its the same reason why rent control is always a failure.
You wont stop the demand, youll just restrict supply thus drive up cost.
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