"Blacks Being Force Out of San Francisco" was the headline in my twitter feed. It wasn’t from FOX News, CNN, BBC, or MSNBC, but it came from The Economist.   That’s right, The Economist.  

The article was about city restricted supply and demand.  It’s a really good read and I highly recommend it if you are interested in the environmental movement or politics.

But the building restrictions-- and outright bans-- resulting from the political crusades of environmentalist zealots sent housing prices skyrocketing in San Francisco, San Jose and most of the communities in between. Housing prices in these communities soared to about three times the national average.

You can read what I think about environmental extremist here.

It will be interesting to see how the increased cost of living effects the developers and producers in the area.  Will they move to decrease the cost of running the business? Will the cost be pasted on to the consumer? Only time will tell.
 
Anyway, I have some more games to play ( Crysis 2 on the PC) and work to do. I just wanted to share the story with you. Enjoy.

Reference:

Real Clear Politics - leans left

The SF Examiner - leans right (from what I’ve seen)

The Economist – nonpartisan?