“…Bay Area startups received almost half of the venture capital invested in 2019, some $46 billion flowing into the coffers of Bay Area companies…”...More
California has a housing crisis — that much we all know — but we should not grow paralyzed by the idea that it’s politically or substantively insurmountable. Paris has turned around a comparable situation with remarkable speed....More
Cars, climate change, and cameras are just some of the tough issues city leaders need to grapple with in the coming decade
By their nature, cities are dynamic and ever-changing, shaking off the past and constantly reinventing themselves to face the future....More
“Somebody crazy not giving up” finally wins new homes
Developer Patrick Quinlan is bringing new housing to Bernal Heights, and it only took four decades to get the job done.
Rarely cheap or easy, the rental game went from an ordeal to a war zone this past decade
“…Median market rents—representing mostly newer homes that can charge double or nearly treble the census average these days—are where the real fireworks began: In 2010, a two-bedroom SF apartment on Craigslist averaged $2,893 (per historic data compiled in 2016 by Eric Fischer), or $3,396 after inflation. At the end of 2019, similar units on the same site sit at a median of $4,300, up 26.6 percent.”...More
San Francisco edged out New York City in 2019 for a queasy honorarium
San Francisco might be the most expensive place in the entire world to build new housing—intimidating news for anyone holding out for the possibility of increased supply to relieve the housing crisis....More
Adrian Caratowsa was lucky.
After six years of trying and failing to score an affordable apartment in San Francisco, he won the lottery for a city-subsidized apartment in the Transbay district....More
“…For the first time in more than a decade, Oakland’s skyline has a new office tower — and many more to come.”
“…A wave of migration from San Francisco, along with local business growth, has made Oakland one of the hottest local economies in the country. Additional office projects totaling more than 4 million square feet, or room for 20,000 more employees, are under construction or planned downtown, which currently has around 80,000 jobs…”...More
New rental housing measures were approved by Vancouver City Council this week. I haven’t gone through the policies in the detail (you can do that here), but they aim to increase rental housing supply by doing things such as “pre-zoning” for 6-storeys on main streets and by allowing rental apartments to be built on some side streets (up to 150m away from arterial roads)....More