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Bay Area housing policy in a nutshell: http://imgur.com/rk0kTW9 pic.twitter.com/FDGJd30rIe
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well i doubt that many homeowners view their appreciating equity as a "mistake" ;)
But someone once told me appreciating equity and affordable housing are not incompatible goals. You're killing my dreams.
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I've also heard equity is illiquid because loans are capped at income, so asset-rich are still poor
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but actually, increased density would raise property values right? Equity is worthless if you have to deal with new neighbors!
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