San Francisco's attraction comes at a price.... so does Auckland's

22nd May 2016

Insightful article about the high cost of living in San Francisco... many commented in response to recent photos, on how they love the place. This piece draws on a highly innovative data set to throw light on the plight. Conclusion?

For the love of god, keep adding homes. Keep adding homes so things don’t get any worse and you’re not trapped in a lose-lose-lose shitstorm like San Francisco.

Here is the paper.

Very relevant to NZ and in particular Auckland housing bothers - as expected it concerms free lunches, the middle classes and failure to face trade offs. Surprise.

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