California is the most poverty-stricken state, if you account for housing. Yet NIMBY dems again stalled zoning reforms to build more housing. What the GOP does with walls and ICE, wealthy liberals are doing with zoning: excluding people My column:https://www.nytimes.com/2019/05/22/opinion/california-housing-nimby.html …
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Replying to @fmanjoo
FWIW, I think it’s helpful to understand the roadblock as the non-wealthy. The wealthy can live anywhere they want. It’s the 60yo couple who’s net worth is 95% their $600k house (perhaps less than is in your 401k) that has the most to lose from changes to policy.
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The wealthy are typically the newcomers to CA who benefit from stock & pay high income taxes, whereas the land “rich” are older lower income people who vote for taxing rich techies. I see shaming the kind of folks that might attend a Warren fundraiser as missing that nuance.
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Replying to @pt
I guess I mean wealthy in the sense of “already owns a home.” But yeah that makes sense
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It’s not really that much housing assistance. Not when you see numbers like this:https://sf.curbed.com/2019/5/22/18625218/oakland-housing-crisis-affordable-homes-schaaf …
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Of course when you don’t really approve that much housing at all, more people will get pushed out or need to enter the lottery for these units anyway.https://sf.curbed.com/2019/3/21/18275965/sf-housing-inventory-2019-construction-new-affordable-data …
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