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FEB 04, 2013 - Business Insider

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San Francisco Needs To Stop Apologizing For Being The Best City On The Planet (GOOG, FB)

Yes, San Francisco is getting expensive, and more so all the time. But really—we're going to blame Google's buses for the city's housing crisis? That's what writer Rebecca Solnit argues in an utterly ridiculous screed in the London Review of Books that pretends to be about the crisis of capitalism in San Francisco but turns out to be a handwringing diatribe about her search for a home to buy. The reason why house prices in San Francisco are going up is because the supply is limited and the demand is insatiable. The supply is limited because of archaic zoning rules and cultural ... Read More

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