nomad2u2001
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RE: San Francisco: restaurants are putting diners to work because they can't pay waiters
(06-27-2018 05:32 PM)bullet Wrote: (06-27-2018 04:30 PM)nomad2u2001 Wrote: It's going to start happening a lot of places. Seattle is having a housing crisis. Boise is having a housing crisis. Tacoma, Jacksonville, Raleigh-Durham, and other cities deemed mid-sized are all facing a big rise in housing prices.
San Francisco is one of the more extreme cases of this. It has become too desirable. But as some companies start to move opereations out of that area, there are going to be problems in that new location.
This is where easier and cheaper travel from cities to surrounding areas could help a lot. You could live in a cheaper area and still work in a bigger city without the investment that commuting in a car would entail.
Its where more cities should copy Houston. Build your way out of price escalation.
http://www.sightline.org/2017/09/21/yes-...e-housing/
"...There—even before Hurricane Harvey wrecked havoc on the housing stock in August—housing cost less , adjusted for inflation, than it did in 1980, as this Economist graphic illustrates. The median price of a single-family house in Harris County, Texas, which surrounds Houston was $141,000. In King County, Washington, which surrounds Cascadia’s first city of Seattle, the median-priced home now costs $658,000, more than four-and-a-half times as much.
And Houston is no rust-belt basket case of decay and outmigration. It is the fourth largest city in the United States, among the fastest growing, and likely to rebound with surprising rapidity from the armageddon storm that just struck it. It’s also the most diverse large metropolitan area in the country, a demographic forerunner of the United States overall, with no ethnic or racial group in the majority. (Unlearn some of your stereotypes about Houston in Ed Glaeser’s Triumph of the City, this recent article by Nolan Gray, or this eye-opening lecture by Rice University sociologist Stephen Klineberg.) Houston has built its way to affordable housing...."
Here's the catch with that: go too conservative or liberal and that'll never get done. I think Houston is pretty unique in this because they aren't overweighed with one side over the other.
(This post was last modified: 06-27-2018 05:45 PM by nomad2u2001.)
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| 06-27-2018 05:43 PM |
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