Former Oakland Mayor Jerry Brown’s plan to bring 10,000 new residents to downtown only produced about half of that number because of the housing market collapse. According to a new analysis by the San Francisco Chronicle, the building boom during the Brown administration resulted in just 5,000 new residents in downtown — not counting all of the people who moved out of the area during the period. Brown’s 10K plan also resulted in a housing glut that threatens to slow the city’s economic recovery.
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