Oakland, the most over-priced real estate in America. http://www.bizjournals.com/sanfrancisco/morning_call/2016/08/oakland-housing-market-overbidding-residential-cre.html …
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Replying to @DarwinBondGraha
As a coda to our conversation from last week http://www.vox.com/2016/8/8/12390048/san-francisco-housing-costs-tokyo … This really isn't rocket science
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Replying to @mdweinberg
Rocket science is a useful metaphor, but I think it applies to your perspective better than mine. You're saying the housing...
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Replying to @DarwinBondGraha @mdweinberg
…crisis all boils down to an equation: "UGBs + NIMBYism = undersupply = high prices and hence growth in CV?"…
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Replying to @DarwinBondGraha @mdweinberg
zoning liberalization alone wouldn't do it, you'd have to change the entire cultural expectation of return
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on land and housing values, and then the policies that reinforce that expectation
12:52 PM - 9 Aug 2016
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