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And thanks i appreciate our amendment and want to know more about them i want to take a moment to thank etch that has orchid that the legislation thank you, president chiu for bringing it thats is an interesting pope piece its gal knitted aloof people its critically complex issue but beginning to address a very critical step in combating San Francisco affordability issue ive spent many hours in Committee Hearings and gotten thousands thank you thousands of emails plus phone numbers on phone calls on this topic its been interesting to have conversations around the city of San Francisco people are will definitely paying attention and are concerned or dialed in on the issue i believe we need to step forward and regulate this activity to protect our city rent control Housi ....
So let me try to that about this for example, prop c has the trust fund on mission as i mentioned or small site acquisition and erect types of small buildings we were considering not the broader expansion of massy or different types of earthquake preparedness type of improvements to home im wondering if you can recommend the language that captures the residential language and not have it as expansive as i said. Id like recommend right now that we added a little bit of tightening on the occupancy its clear its income restrife unit thats an ongoing restriction so some in district units are not restricted for the life of the building but for a cafe time that might go further to limiting the universe of unit were talking about i think we could provide for language in committee that helps to clarify the terms as to what youre sdrip. Thank you dot City Attorneys have more comments in terms of technical words or adjustments that need to b ....
The advise. City attorney and john gibner, deputy City Attorney. So i believe at some point in the discussion probably makes sense for my colleagues merlin or myself to talk about the amendments to refer to planning are which which have them requires another hearing at the board the amendment youll proposed supervisor avalos will not be referred back to planning ill just supervisor breed has duplicate the file at some point during the hearing when the items come up for a vote i would just say you would have a voted on this amendment as youve circulated it in either of the duplicate files or both. Thank you. Thank you so supervisor campos. I make a motion for both. Sure so just asking for a second on supervisor campos First Amendment regarding the trinity taxes seconded 3wi supervisor avalos and permitting the shortfalls subject to the ellis act evictions a second supervisor b ....
Face a full set of challenges. I worry about complacency, governments that have never successfully forecast a recession a year in advance, that missed the 2007 financial crisis, that missed the 1987 stock market crash, t missed the latin american debt crisis and missed much more. I worry about how well macro prudential can really work on, though its an attempt worth making. And i think much greater emphasis needs to be placed on making a system that is safe for ignorance can and court reportereporter error. And that means emphasis on capital markets, emphasis on liquidity, emphasis on strengthening the robustness of the system. The last time we had a great emphasis on macro prudential, it was spains countercyclical Capital Requirements that we were going to protect against the spanish real estate bubble. That didnt work so well. Mr. Tom bainny, briefly. Yeah. I think one issue that hasnt been discussed so much lately is the ....
Interesting pope piece its gal knitted aloof people its critically complex issue but beginning to address a very critical step in combating San Francisco affordability issue ive spent many hours in Committee Hearings and gotten thousands thank you thousands of emails plus phone numbers on phone calls on this topic its been interesting to have conversations around the city of San Francisco people are will definitely paying attention and are concerned or dialed in on the issue i believe we need to step forward and regulate this activity to protect our city rent control Housing Stock awhile afforded hosts that need the money that many others are in need of and continue the shortterm rentals under a limited circumstance i believe that the legislation is really come a v ....