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this post was submitted on 12 Mar 2024
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Local tech billionares are recently dumping more money into the city politics to shift it ot the right. The CEO of Y combinator, a hugely influential silicon valley incubator is notoriously antagonist and recently drunkenly said the local city council should "die slow."
Awwww I like hacker news why does ycombinator have to be evil
Measures supporting low income housing, more ethics laws for city officials, turning office space into residential space, and $6B for mental health care also passed in the election. Those definitely don't seem like things that the right would support.
https://sfelections.org/results/20240305w/index.html
Hes right of San Fransisco progressive politics. Basically bog standard tech bro liberals, i.e "Yimby but not actually where I live, also don't tax me in any real way and where are all my cops at?"
The 7 city council members he told to die were all progressives. He opposes actual progressive reforms, and is willing to spend his billions and his massive influence to fight them.
Yeah he definitely seems like a bit of a loose cannon that only has a platform due to his wealth. Not that it makes it excusable, but he did issue an apology for what thats worth. I definitely don't think that the majority of voters agree with the remarks he made to the city council members.
However, I do think that due to the prominent quality of life crimes, homelessness and drug use in recent years, a lot of the voters in San Francisco have become disenfranchised with Progressive politics, viewing them as failed experiments.
The rest of the propositions you mentioned were pretty liberal but the office space one was lead by the right. It allowed for fast tracking transforming office space from commercial to residential, which sounds good on paper, until you realize that fast track already existed for affordable housing. All the proposition did was fast track developers plans to turn the space into non-affordable housing, which San Francisco already has plenty of, and removes the incentives to build affordable housing out of that space.
You could argue that reducing the red tape for market rate housing would help increase the supply and therefore reduce the cost for everyone, but that's a standard right wing pro-developer argument. The left would say that SF has been building tons of market rate housing for years with no decrease in rent and that the only way to make housing affordable is to build affordable housing. You can either build it through state funding and building, like the affordable housing proposition A does, or by incentiving developers to build it, because the base incentive of the market is to build the most expensive housing possible to maximize profits.
The Inclusionary Housing Program requires developers to set aside a percentage of the housing as affordable.
Even if it is not classified as affordable housing, it is still more housing which the city needs regardless.
Also, another measure that passed in the previous vote was for a tax on vacant units it multi-unit buildings. If they don't at least compete with market rate, they will suffer.