[Originally published by Forbes]
San Francisco, CA–Back in 2012, while spending a summer in San Francisco, I would attend the city’s Board of Supervisors meetings on a weekly basis. The big ongoing topic back then, like today, was the city’s housing shortage, and how it was escalating prices. It was amazing to hear the wave of counterproductive, even clueless, solutions that 10 of the 11 supervisors would suggest for the problem. These ranged from decreasing building densities, to strengthening bureaucratic review, to placing construction moratoriums on certain neighborhoods, to strengthening tenant protections that are already strict, and that have led landlords to abandon between 10,000 and 30,000 units citywide.
But there was one supervisor…[read the rest at Forbes]