The voting public hates new construction while it simultaneously demands more affordable housing. It doesn't add up.http://granolashotgun.com/2015/06/15/affordable-housing-minus-the-housing-and-affordable-parts/ …
@asaxena demand in Palo Alto is also partially driven by overseas buyers who have no interested in using these assets as housing
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@asaxena if Palo Alto land was actually governed by the pure market, it might be a bunch of skyscrapers by now -
@kimmaicutler or the skyscrapers would exist in places like Alabama or Mississippi where the markets are freer and surely zoning is freer - 1 more reply
New conversation -
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@asaxena you a property owner there? :-)Thanks. Twitter will use this to make your timeline better. UndoUndo
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