Philosoraptor

Philosoraptor Meme | IF SAN FRANCISCO IS SUCH A PROGRESSIVE CITY WHY IS IT SO UNAFFORDABLE FOR THE MINORITIES IT CLAIMS TO REPRESENT? | image tagged in memes,philosoraptor | made w/ Imgflip meme maker
150 views, 3 upvotes, Made by anonymous 7 months ago memesphilosoraptor
Philosoraptor memeRe-caption this meme
Add Meme
Post Comment
reply
1 up, 1 reply
Boardroom Meeting Suggestion Meme | WHAT CAN DO ABOUT THE HOMELESS IN OUR CITY? LESS HIGH END HOUSING SOUP KITCHENS MORE CLOTHING | image tagged in memes,boardroom meeting suggestion | made w/ Imgflip meme maker
reply
[deleted]
1 up, 1 reply
Yes, High End Housing is actually part of the "Sustainable Development" plan. Real Estate developers mow down old neighborhood apartments where people that have lived there for 30-40 years or old rent-controlled apartments for high end condos and apartments that only millionaires could afford. Now would you call that "Progressive"?
reply
1 up, 1 reply
Interest rates have been so low for quite some time money poured into real estate instead of bank accounts. If interest rates do rise soon - appreciably - we may see some relief. But don’t trust the Fed to do the right thing.
reply
[deleted]
1 up, 1 reply
Interesting, I don't know how interest rates have to do with real estate prices, but I do agree with you that we can't automatically assume the Federal Reserve will do the right thing.
reply
1 up, 1 reply
Money chases the highest returns. Landlords in Soho NYC leave commercial property vacant because they can use them for speculation. You can be sure residential property is no different. All this is shameful when you think about the huge spike in homelessness in the USA.
reply
[deleted]
0 ups, 1 reply
What do you mean by speculation? Are they waiting for the best possible time to build housing and retail? My dad is from NYC btw (Williamsburg neighborhood of Brooklyn).
reply
1 up, 1 reply
Creating an artificial shortage, puts upward pressure on prices.
reply
[deleted]
1 up
Now that's been occurring in California for a long time!
reply
1 up, 1 reply
reply
[deleted]
1 up
Flip Settings
Philosoraptor memeRe-caption this meme

Created with the Imgflip Meme Generator

Show embed codes
IMAGE DESCRIPTION:
IF SAN FRANCISCO IS SUCH A PROGRESSIVE CITY; WHY IS IT SO UNAFFORDABLE FOR THE MINORITIES IT CLAIMS TO REPRESENT?
hotkeys: D = random, W = like, S = dislike, A = back