i am with mission nimby. i am not here because i oppose the project in particular, i am here because i oppose the racist and classist process that has brought us here. rules that have been based on decades, a century of racism. rules that have been put into the planning code that protects places like presidio heights from apartment buildings like this, and forces them into rapidly gentrifying neighborhoods like the mission. you have the power to change this. at any point, anyone of you could introduce legislation to up zone the west side. why don't you? do it. let this be the last time that you tear the community apart, and force us to fight over scraps when the west side continues to appreciate their ever-growing property values. you can change this, you can stop this. please do. >> thank you. next speaker, please. [speaking spanish] >> good afternoon, my name is stacey. thank you for listening to us. i know you might be tired, but it is very necessary that you hear our voice. i have listened to lots of stor

carol: there's the whole concept of nimby, not in my back yard. bret: a lot of that has grown up.here are new zoning regulations that have popped up in the last 10 years. national association of homebuilders has a lot of complaints about regulations bringing up since the last housing crisis. those are having an effect on the number of available lots there to build on if you want to do. carol: some things have changed. we are feeling the effects in some ways because some of those bad loans haven't been cleaned up. bret: the government is still dealing with some of these housing loans. the last crash's extends in many ways. that is one of them. there are those loans. we are not free of bubbles. ubs does a global listing. there are many cities that we hear about often where it is impossible. hong kong is number one. in the u.s., san francisco is the only city in the top 10. carol: up next, the challenge is brad pitt has faced building houses for low income residents of new orleans. jason: a story inspired by a road trip. carol: this is bloomberg businessweek. ♪ carol: welcome back to

carol: and i think it is interesting to that there is this whole concept of nimby, or not in my back yard, in terms of building. bret: you've got new zoning regulations that have popped up in the last 10 years. national association of homebuilders have had a lot of complaints about regulations that have sprung up really since the last housing crisis. so those are definitely having an effect on the number of available lots that are even there to build on, even if you wanted to. carol: some things have changed. we are still feeling the effects in some ways because some of those bad loans have been yet to -- have yet to be cleaned up. bret: that's right. the government is still dealing with these, especially some of these federal housing loans. again, the long reach of the last crash extends in many ways, and that is definitely one of them. there have been issues with some of those loans. you also have -- we are not free of bubbles here. i mean, ubs does this global listing. there are many, many, many cities that we hear about often where basically it is impossible. hong kong is number

first of all bob ney be the president nimby brothers the general contractor bob as they had to work with the community with some local subcontractors to get to where we are today. and mimi sullivan inside a solid and the architect who labored with us. we were talking earlier about making sure we hopefully got just the right colors on the new building and hopefully the residents will tell us. maybe we need to fix that. so thank you mean me as but it's not just about bricks and mortar and early on working with tabernacle my friend of one hundred years reverend arnold towns and who you'll hear from in a moment and his partner gary bags it was about this has to work for the residents and i say to you today that i hope and expect that five and 10 years from now. you will hold us to this standard this isn't just about finishing the project this is starting the project. so gary arnold todd and everybody. thank you for that. to conclude the program. now i think it is particularly fitting that my friend reverend arnold townsend come up and lead us and maybe a little bit of prayer. i mean i don't