Your District Supervisor recently after a very lengthy community iterative process and the expenditure of millions of dollars, two developments trying to go forward could not in fact. And so that is thats what sometimes happens when the risks are great, the costs are high, and we get these Great Community benefits that then tip those particular parcels and i think you know the two that im thinking of. I do know the two you are thinking of, and one has been purchased by the city and 100 Affordable Housing. I dont know if its the worst outcome from that project. I dont think we need to belabor this point, i dont think you can point to one example and thats what worries me, right . I mean aside from little excellent arguments made by my colleagues around, you know, sort of putting a definition of Affordable Housing that includes one individual who earns 128,000 a year, which is very problematic, i dont think it would work anyway because what developer who whats the 1956, you get like an a
2. 1. We could have had it much more except for the Federal Reserve and we could have been five to 10,000 points higher in the dow. Now i dont want to sound too upset about it, because we just broke the alltime record in the history of our country of the dow, but we could have been higher. David he went on to say we could have been a contender, just like welcome everybody, this is bulls bears thank you for joining us im david asman joining me on the panel today Adam Lashinsky, jackie deangeles , john as fax ferris and steve moore and the president tweeting out Second Quarter gdp up 2. 1 is not bad considering we have the very heavyweight of the Federal Reserve anchor wrapped around our neck almost no inflation, usa is set to zoom, but a new survey of economists and Real Estate Experts say a recession is likely to happen next year, just before the election, so could a lower growth rate or worse hurt the president s economic agenda heading into 2020 . Gang . Well look, i mean, yeah, the
100,000 more per unit because we cant access federal and state funds for those apartments, and so we have those cost constraints that really are important to consider. If were putting 100,000 extra to put an apartment that is affordable to somebody at 100 of a. M. I. Or 120 of a. M. I. Then that means less Affordable Housing to other groups of people who are desperately in need, like people experiencing homelessness. What we have by increasing the definition of middleIncome Housing, it does two things. It reaches more middleincome houses, and for a household of three, looking at for a twobedroom apartment on the market, if instead of paying the market rent, which is about 4600 a month if youre out there on your own, looking for an apartment, you would save 1,000 a month at that 40 a. M. I. Rent. 1,000 a month for a working family. That is significant. That makes a difference, and that could be the decisifactor family deciding to stay in San Francisco or not. This is simply an additive
Affordable Housing Development so the more Affordable Housing the better. We have also seen deals and in your District Supervisor recently after a very lengthy community iterative process and the expenditure of millions of dollars, two developments trying to go forward could not in fact. And so that is thats what sometimes happens when the risks are great, the costs are high, and we get these Great Community benefits that then tip those particular parcels and i think you know the two that im thinking of. I do know the two you are thinking of, and one has been purchased by the city and 100 Affordable Housing. I dont know if its the worst outcome from that project. I dont think we need to belabor this point, i dont think you can point to one example and thats what worries me, right . I mean aside from little excellent arguments made by my colleagues around, you know, sort of putting a definition of Affordable Housing that includes one individual who earns 128,000 a year, which is very pr
2. 1. We could have had it much more except for the Federal Reserve and we could have been five to 10,000 points higher in the dow. Now i dont want to sound too upset about it, because we just broke the alltime record in the history of our country of the dow, but we could have been higher. David he went on to say we could have been a contender, just like welcome everybody, this is bulls bears thank you for joining us im david asman joining me on the panel today Adam Lashinsky, jackie deangeles , john as fax ferris and steve moore and the president tweeting out Second Quarter gdp up 2. 1 is not bad considering we have the very heavyweight of the Federal Reserve anchor wrapped around our neck almost no inflation, usa is set to zoom, but a new survey of economists and Real Estate Experts say a recession is likely to happen next year, just before the election, so could a lower growth rate or worse hurt the president s economic agenda heading into 2020 . Gang . Well look, i mean, yeah, the