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cassie jeong

San Francisco: #1 City for Growing Income Disparity - 12 views

started by cassie jeong on 05 Mar 14
  • Bridget Lowry
     
    I have personally noticed the income disparity in San Francisco, and I do believe it's a serious problem that we need to address. I know that many other cities around the country have similar issues (most obviously New York City and specifically Manhattan), and it creates an uncomfortable dynamic around the city between the two income groups. I think that in Marin we can distance ourselves from the problem because Marin has little low-income housing and will not develop any land to create low income housing due to MALT and our many parks. While I am a strong supporter of land preservation and always support open space, I think it's wrong that Marin and San Francisco can outsource those in need.
  • Misha Krivoruchko
     
    I never thought that the income disparity in San Francisco was growing so fast, but now that I think about it, it all makes sense. I certainly knew that property values in SF have skyrocketed in recent years, but it is news to me that all classes except the 95th percentile have not done as well since the crash of 2008. Like Alan Berube, I hope to see many lower class people move to the middle class while still staying in San Francisco. And hopefully that will cause more people to move to San Francisco because of the surplus of lower paying jobs that have been abandoned by the growing middle class. In the future, I can't seem to see the income disparity getting any bigger because we already exceed the national average by so much. I think we will see many people who are rich from the technology boom start to move to places like silicon valley.

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