The U.K., the US, Canada, Australia. We all have similar land use regimes, orientations toward property. It's the same affordability crisis.https://twitter.com/nytimes/status/859633949907320833 …
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The market adjusts to price rents at a stable ratio to earnings. The impact would be greatest in areas with lots of minimum wage earners.
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As my favorite journalist on Bay Area land use issues, what are your thoughts on this article? https://qz.com/169767/the-century-old-solution-to-end-san-franciscos-class-warfare/ …
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