You want to have a monopoly on housing in a major city? I’d be hard pressed to point out an industry where that would be harder. You have literally millions of competitors.
You want to have a monopoly on housing in a major city? I’d be hard pressed to point out an industry where that would be harder. You have literally millions of competitors.
The out of towners, who are mostly Blackrock, is just a fella with a spreadsheet tracking new dwelling approvals vs demand.
All the Bay Area has to do is approve new dwellings. The issue is the politicians are landlords with investment properties.
Meanwhile most of San Francisco is just streets of old single-family homes.
See https://westlinevillage.com/townhouse-vs-single-family-whats...
South of the Mission take a look at Oceanview/Merced Heights/Ingleside (OMI). That's largely SFH. BVHP (Bayview + Hunters Point) as well and parts of it are visible from Caltrain. Heading west you'll find basically all of the Presidio, Forest Hill, Sunset, and Richmond neighborhoods are SFH or maybe low-rise apartment buildings.
A lot of the single family houses in SF have walls right up next to each other but do not actually share a wall. While Forest Hill properties historically had racially themed covenants, most of those neighborhoods predate HOAs and the worst of the covenants have been discarded.
https://japanpropertycentral.com/2021/12/housing-in-tokyo-is...
The 23 wards of Tokyo are 5 times the land area of SF city proper.
>Nakano ward’s density of 21,956/km2, does rank a little closer to Manhattan (around 28,000/km2).
NYC is quite large. Huge areas of the Bronx, Brooklyn, Queens, and Staten Island have low-risers or single family homes.
Which if course brings the average down.
I agree that the link's comparison of Tokyo 23 Wards with all of NYC is not an appropriate comparison. But not necessarily because of single-family housing as you describe. Even for Nakano Ward (with population density nearing Manhattan's), 20.8% of residential buildings are detatched single-family homes and 48.9% of residential buildings are less than 3 stories tall [0], surely a higher proportion than several NYC boroughs. Its high density is more due to having fewer areas with offices, narrower streets (compared to NYC), and barely any green space.
[0] https://www.city.tokyo-nakano.lg.jp/dept/505700/d026142_d/fi...
This isn't true, even if you limit it to cities with population over 100k. New York City, Jersey City, and Paterson, NJ are all more dense than SF.[0] San Francisco is effectively tied with notoriously anti-development Cambridge, MA. Quite a few smaller cities around the country are more dense as well.[1]
The housing situation in San Francisco is nothing to be proud of, unless you think that having the highest median home prices or median rents is a laudable achievement.
[0] https://en.wikipedia.org/wiki/List_of_United_States_cities_b...
[1] https://en.wikipedia.org/wiki/List_of_United_States_cities_b...