California is too paralyzed to address its affordability crisis for the middle-class and lower-income communities.https://twitter.com/CapitolAlert/status/766390496969175040 …
uh, seems like not building totally works better! :P Rising urban costs a reaction to massive mid-20th cent disinvesment
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let me tell you, once cities "gentrify" that's it. No US city has been able to stop rising costs. Show me one.
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more building usually means more (expensive) market rate housing; shuts out the people who need it, including middle class.
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if more (expensive) market rate stuff pencils, that means the existing rents and land values already have to be high.
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no but seriously, most studies have found that building at best can reduce the rise in rents. By now, it's too late.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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