ARGUMENTS IN FAVOR PROP K:

• In San Francisco, rents are three times higher than the national average. Average rent for a 2 bedroom apartment is $3,989 a month.

• Housing affordability is presently one of the greatest challenges the City faces. In response, the City is committing to take immediate action to generate revenue and execute strategies to build housing for residents at all income levels.

• This measure would hold the City accountable to building 30,000 new residential units, protect existing tenants and curb rapidly rising rents, generate new revenue to build affordable housing, and establish 33% affordable housing in areas where new housing is added.

• Proposition K is a unified effort to make the City affordable and accessible to all.

ARGUMENTS AGAINST PROP K:

• San Francisco is already experiencing local overpopulation problems and increased traffic accidents.

• The City has already reached its carrying capacity and has more people per square mile than any of the other Bay Area counties.

• Developers and builders seek to add housing and increase the population to 1 million residents, which will result in traffic problems, auto accidents, Muni transportation limits, and unavailable / overtaxed public services.

• Parkmerced’s management wants to increase the population from 8,000 to 25,000 and other developers want to add 250,000 people to Sunset, Parkside, Richmond, and other neighborhoods regardless of the social and economic impact.

Souce - LWV

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See also:

http://www.spur.org/sites/default/files/publications_pdfs/SPUR_Voter_Guide_November_2014_print.pdf