mr. yarney, and then the budget analyst. so, mr.would you like to start with some introductory remarks? is the planning department going to be -- >> he was year earlier. supervisor wiener: a kick, when he comes, we will give him the opportunity. supervisor mar: update, before we go, supervisor wiener, maybe we can ask if supervisor cohen has any comments. i appreciate the work that has gone into this. i had an interest in a statement about not putting the low-income housing against the immediate income housing. something shown to me shows that the highest rent burden still falls on the lower incomes, who have to pay a huge percentage of their income on rent, as much as 7%, and for me, housing for the lowest income residents also includes much lower living conditions and habitability, as well, so in some ways, the lack of heat or rodents and roaches to lots of other issues are really key, and sometimes when we look at middle-income housing, it depends on how we define it, so i am looking forward to see the data today as we try to bal

mr. yarney. >> it is a a pleasure to be here. i will follow-up on tad and my presentation is brief but builds on the information he just shared. i will begin with talking briefly about the effects of high housing costs on job growth. as all of you know the mayor. the priority is to attract jobs for highly skilled folks to do not have for your degrees. the most immediately -- committee -- immediate effect is high housing costs raise salary and wages and this increases costs for employers. ultimately on some level, this leaves -- leads to a disincentive to hire for low and moderate income workers and it represents a competitive disadvantage for the city especially when we compare san francisco to other labor markets including the outer east bay we can see housing prices are much more affordable. in some cases we have seen of relocation of what was once called back office. large corporate campuses that or at one. located in san francisco with jobs that were middle income. we saw many of those offices move out in the 1980's and 1990'