Thoughts on San Francisco

We could also solve this problem in the Austin way too. I read that the highway with America’s highest posted speed limit passes by Austin.

The highest posted speed limit in the country is 85 mph (137 km/h) and can be found only on the Texas State Highway 130.

Is the toll way from NorthEast Suburb to the Airport. The suburb is one of the place that was considered for AMZN 2nd HQ.

In the end having fast roads is not enough for amazon. :smiling_imp:

It was known all along that amazon wanted the 2nd headquarter closer to DC.

:grinning:

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I wasn’t joking about car culture and lowering speed limits.

Measure of desperation? What about speed trap laws?

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This is SF :scream: ? Look like a slum!

A modern city looks like this, has a good dose of greenery :star_struck:

Screen Shot 2019-12-25 at 5.16.37 PM

Try again when you get more unicorns.

You either belong to Unicorns or homeless is considered good?
Screen Shot 2019-12-25 at 5.52.48 PM

A graceful city has lower gini :slight_smile:
Screen Shot 2019-12-25 at 5.53.39 PM

High Gini is bad, it leads to places like this,

a

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SG’s 0.46 is not that much better than SF’s 0.51. At least the Bay Area is rich and has resources to tackle the problem. All we need is some political will to mow down the NIMBYs and anti-density boomers.

What happens is that tech is an incredible inequality driver:

  1. Software is eating the world so the TAM of a SW company an so an SWE can reach is orders of magnitude bigger than decades past.

  2. SWE’s are much more productive now than in the past, because of better tools, open source and cloud computing.

  3. Globalization means two firms: Google and Facebook control the ad market of the whole world ex China. One firm: Apple, is make over 70% of net profit on phones. Tech is particularly prone to monopolies.

  4. Internet drives the marginal cost of production to zero, so the marginal earning power of SWE is infinite.

These factors combine to make salary of SWE and tech workers in general go up like a rocket. Bay Area has the highest concentration of tech in the world so its inequality is inherently high. It’s not that salary for other work is low. It’s just that pay for the tech sector is insanely high.

Giving homeless service agencies more money is the problem not the solution. These agencies want more homeless so they can get more money. The solution is harsh but necessary.
Institutionalization for the druggies and crazies. Prison for the criminals and relocation for the indigent.

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Want some Singaporean politicians? They are good at implementing harsh and necessary policies.

:white_flag:

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Just another erosion of property rights with the city wanting to stop the sale.

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You can’t rent out(just cause etc), you can’t increase rents, you can’t keep empty(different types of properties… shops etc…) and now you can’t sell … what is going on? This is crazy…

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Don’t buy property in cities that are majority renter. They’ll vote to kill your property rights. That was definitely a factor in buying outside Seattle.

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