Monday, July 04, 2016

The housing/jobs trap

Matthew Staver: NY Times

From today's New York Times:

...Unlike past decades, when people of different socioeconomic backgrounds tended to move to similar areas, today, less-skilled workers often go where jobs are scarcer but housing is cheap, instead of heading to places with the most promising job opportunities...One reason they’re not migrating to places with better job prospects is that rich cities like San Francisco and Seattle have gotten so expensive that working-class people cannot afford to move there. Even if they could, there would not be much point, since whatever they gained in pay would be swallowed up by rent...

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At 3:18 PM, Anonymous Anonymous said...

This is why it's so important to stop building any more housing in the Bay Area! Hello...we are FULL UP! Go back to where you came from!

At 12:14 PM, Blogger Rob Anderson said...

No, of course not. What I think is a false path on housing is what San Francisco is doing by okaying huge projects like Treasure Island, the Market Octavia Plan, and Parkmerced. Instead, we should be approving more, smaller housing projects that have a more modest impact on traffic and the rest of the city.


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