YIMBY propaganda now celebrating 19th century boarding houses as aspirational.
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Replying to @thomas_lord
babyboomers chose this by downzoning everything, passing Prop. 13 and gutting public services, infrastructure!
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Replying to @kimmaicutler
So in your view these issues are solely a California problem?
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Replying to @thomas_lord
CA created the first taxpayer revolt with its rapidly escalating housing prices in the 1970s.
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Replying to @kimmaicutler
Hmm. There was nationwide real wage falls / inflation. Isn't this chart like the country overall? http://www.doctorhousingbubble.com/wp-content/uploads/2014/03/hpi-for-california.png …
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Replying to @thomas_lord @kimmaicutler
I'm just thinking that housing cost is an issue for young adults all over and there's a lot of non-CA-specific reaons.
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Replying to @thomas_lord
Yes, I agree with you on that. There are issues with treating housing as a financial asset before shelter.
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Replying to @kimmaicutler
So why not seek to socialize it all? ("issues with treating housing as a financial asset")
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Replying to @thomas_lord
the US is too large and diverse a country for public housing to work everywhere from urban to rural.
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Replying to @kimmaicutler
I don't mean "public housing". I mean housing which is not property.
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then who is responsible for maintenance and upkeep (which is significantly expensive)?
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Replying to @kimmaicutler
For now we can say that aggregate rents on social housing would have to cover aggregate costs.
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