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this post was submitted on 12 Mar 2024
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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.