No on E - Protect Affordable Housing

We're with Senator Wiener. Prop E is a bad idea.

SF ballot measure ties office growth to housing - and opponents say that's a bad idea A longtime South of Market activist wants to limit office growth if San Francisco doesn’t meet affordable housing goals, and he’s asking voters to help.

"Prop. E would not create new affordable housing and would likely decrease an existing source of affordable housing funding. In addition, by limiting the supply of commercial space, this measure would continue to increase office rents and force out small businesses, nonprofits and companies that employ middle-wage workers."

Thank you to SPUR for your endorsement of No On E!

www.spur.org

Thank you to the San Francisco Chronicle for endorsing No on E!

Editorial: No on SF Prop. E, which discourages growth instead of encouraging housing The backward-looking measure threatens to rob the city of tens of thousands of jobs and tens of billions of dollars in economic activity.

"After 20 years, the economic impact would be an 8.5% reduction in the city’s gross domestic product, or $23 billion in today’s dollars," according to a report from SF Chief Economist Ted Egan.
https://www.sfchronicle.com/business/article/SF-economist-Prop-E-office-limits-would-slash-15007843.php #

SF economist: Prop. E office limits would slash jobs, hurt incomes San Francisco would lose tens of thousands of jobs and billions of dollars in economic activity if voters in March pass Prop. E, which would tie office-space approvals to affordable housing goals, according to a report from the city’s chief economist.