“Why can’t developers build housing in San Francisco for the people who need it most instead of for the rich?”

A question I have heard a lot lately is “why can’t developers build housing for the people who need it most instead of for the rich.” Let’s look at what a typical multi-family development project in a reasonably central part of San Francisco would cost to build (in a very simplified way). I’m assuming an… Continue reading “Why can’t developers build housing in San Francisco for the people who need it most instead of for the rich?”