I’ve gotten a lot of calls about the two redevelopment measures, and while I think our endorsements make the case for F and against G pretty well, let me add something else.
In many ways, this is the first of a long series of battles that will determine whether Southeast San Francisco becomes a high-end residential community. That’s what Gavin Newsom wants to see, and it’s what a lot of downtown and big-money forces want to see, and frankly, it’s what the more moderate and conservative political activists want, too.
Because the more rich people you bring into San Francisco, and the more poor and working-class people you drive out, the more likely to are to change the progressive voting patterns of this town and get rid of politicians who want to tax big business and provide public services to the needy.
This is not conspiracy thinking — dontown political strategists talk openly about it. As Calvin Welch likes to say, “Who lives here, votes here.” W e know that; they know that.
I appreciate the fact that labor got some concessions out of the Lennar Corporation . But in the end, even if the labor deal holds up, the numbers are brutal: If Lennar agrees to build about 32 percent affordable housing, that means that 68 percent of the new housing in Bay View Hunters Point will be exclusively for millionaires.
That’s the calculus. A developer promising to build one-third affordable units is also promising that two-thirds of the new housing will be affordable only to the very richest segment of American society, the top tenth of the top tenth, the people who can put down $200,000 cash and pay a mortgage of $6,000 a month on a one-bedroom condo. If two thirds of the next generation of San Franciscans are people with that kind of money, the city will change, dramatically.
Sup. Chris Daly’s call in Prop. F for 50 percent affordable ought to be the absolute minimum floor. Again, that means half the new housing will go to the superrich, and only the superrich.
Lennar says it can’t do the project at that level. I personally think that’s horseshit — remember, they’re getting the land essentially free. But if the best Lennar can do is build housing two-thirds of which is unreachable to the vast majority of the people who make this such a wonderful, diverse and creative city, then we need to send Lennar packing and find someone who can do better.
This is the future of San Francisco, folks. That’s why I’m yes on F and no on G.