But good luck affording one…
A new Housing Inventory report put out by San Francisco's Planning Department says the last time builders created more apartments than they did in 2009 was 1964.
But citywide opposition to new housing construction — as evidenced by last night's 10-0 Board of Supervisors vote to reverse a Planning Commission decision to approve plans for a 248-unit apartment building downtown — suggest the city's high cost of housing will continue driving workers to the suburbs.
“On the trajectory we're on, we're headed toward income cleansing of the city,” said Tim Colen, executive director of the Housing Action Coalition, a smart growth advocacy group. “The middle class will bail out, any money we have to deliver subsidized housing will be spent, and the rest of the poor and middle class will lead the city, and the character of San Francisco will be at great risk.”