New rule for 2019: Anyone discussing CA's need to build around 350K homes per year for the next decade MUST also figure out where they'll find the 250K-350K workers (both blue & white collar) to do the work. cc:@dillonliam @kimmaicutler @daguilarcanabal @mlevinreports
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Replying to @RevClown @dillonliam and
There are more than enough Americans that are un- and underemployed that the laborncould be found, trained, and deployed pretty easily. Probably enough in LA County
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Replying to @Farajidc @dillonliam and
but it takes time. and they have to want to stop doing what they're currently doing to go into a dangerous line of work that is super cyclical and just shit the bed for like 4 years.
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Doesn’t Japan have a pretty stable urban construction market (not without its downsides)? How do they manage it? I think
@Noahpinion might have talked about this a little?1 reply 0 retweets 1 like -
Replying to @GregoryLemieux @RevClown and
Housing is not a primary wealth accumulation tool in Japan. And so the cultural expectation that they will appreciate is not embedded and amplified by lending policy, tax policy or zoning policy. https://amp.theguardian.com/cities/2017/nov/16/japan-reusable-housing-revolution …
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Replying to @kimmaicutler @RevClown and
Although it’s indirect, it sounds like pushing for more generous social security and the like would be necessary to push CA culture in this direction?
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Replying to @GregoryLemieux @RevClown and
Yes the shift toward perceiving housing as an investment asset and away from being a mere consumable good coincides with the unraveling of the social safety net in the 1970s and 1980s. Housing becomes the asset to secure retirement absent other pillars.
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The “American Dream” isn’t originally about housing. It’s about a sense of national character and principles but it shifts towards homeownership over the ensuing decades. https://nyti.ms/2urx6fD?smid=nytcore-ios-share …
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