Bay Area K-12 enrollment declines bc people literally have to die in order for family-sized housing to come back onto market inventory.https://twitter.com/lao_ca/status/805905342303387649 …
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@kimmaicutler Fair enough, though there's plenty of financial incentive to do that today too. IMO that's a huge opportunity to grow housing.
but no one permits it in the coastal counties.
there's a lot of older folks in larger 4 BR suburban houses that could turn over to young families. But no one can move.
@kimmaicutler If you bought a 4BR 20 years ago, you can absolutely sell today and find smaller housing. Market rate 4BR $>> Market rate 1BR.
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