Affordable Housing – San Francisco

San Francisco’s love-hate relationship with affordable housing, By Karen Weise, June 4, 2014, Businessweek: “Two days ago, San Francisco Mayor Ed Lee trumpeted the $50 million for affordable housing he added to his budget proposal, calling the current housing shortage “a genuine crisis.” Yesterday voters went to the ballot box and handily approved a measure to make it much harder to build along 7.5 miles of the city’s waterfront, a move that Vox’s Matthew Yglesias bluntly summarized as: ‘San Francisco just voted to make housing less affordable.’ San Francisco is the country’s least-affordable housing market for both purchases and rentals . . .”