San Francisco Developer Proposes Private Housing Project in 2014. City Delays For Years Before Deciding to Spend Millions Developing the Site Itself.

 

Trying to build anything in San Francisco is a Herculean task.

(From Reason)

…this is an excellent example of why San Francisco’s housing affordability problems keep getting worse. As the city waits another half decade or so for affordable housing to be completed at the South Van Ness site, the wealthier residents who would have moved into that building will instead compete with lower-income renters for existing units, bidding up their price.

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