Market Rate… Moratoria?

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Curbed SF reports that Bayview residents are rallying to extend the Mission’s proposed market rate housing moratorium to Bayview, the logic of a moratorium being all the more alluring to a community that saw a 75% increase in home values between 2010 and 2014, to the Mission’s 63%.

Supervisor Campos champions his proposed moratorium as a mechanism to slow gentrification in the Mission. However, as Grace Martinez of the Alliance of Californians for Community Empowerment urges, “If you do a moratorium in the Mission, they’re just going to build in the Bayview, so let’s protect our neighborhood as well”. That said, if Bayview were to successfully withstand the momentum of development deflected off of the Mission, one wonders which neighborhood would be up next.

Meanwhile, Supervisor Weiner continues to confront the concept of a moratorium generally, noting that such agendas undercut the City’s inclusionary housing program. See his recent post at Medium.com.

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