This investment is enough to buy five homes in San Jose, where the median home price is $995,000. Google has over 100 open job postings around San Jose this morning and a $31 B profit last year.https://twitter.com/sundarpichai/status/1189189205085188096 …
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If you dig too far into this, expect to hear the phrase "neighborhood character" a lot, as a blunt tool to prevent anything being built.
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Yeah, neighborhood character is the thing I want to destroy
End of conversation
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Mostly to protect rich people's views and prevent too many low- or middle-income folks from moving to exclusionary n'hoods; I will always support proposals to raise or abolish them. I'm just saying, if that's not politically possible, we could get a lot done with 4-story apts.
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Oh and parking, of course. A lot of folks oppose tall buildings because they don't want anyone competing with them for a prime piece of public land to use for subsidized* personal vehicle storage. *sometimes fully
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trains and dense cities too, but we wouldn’t even need anything close to that to solve the housing crisis. Just allowing tenant-free homeowners to voluntarily replace their houses with apts *within existing height limits* would get the job done.