Building lots of housing + having strong tenant rights not mutually exclusive (esp in economies that treat housing as a neutral asset).https://twitter.com/mayorgrandsf/status/881939135719538689 …
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The federal government did almost everything wrong post 2008 regarding housing.
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it will probably explode all over again.
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I would posit that this is the main problem, not prop 13.....
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(we will agree on this one as well).
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Look up the stats for percentage home decrease in price in recessions prior to 2008 vs post 2008. It will surprise you.
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