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Californians (I am one) can certainly decide this. Many actively hold this view. If we decide this, we have to live with the consequences, which I believe are
by stvswn 10y ago
Californians (I am one) can certainly decide this. Many actively hold this view. If we decide this, we have to live with the consequences, which I believe are indefensible from a moral standpoint. We're making it untenable for lower income families to live and work here.
As far as your second point, I don't think you know that demand for housing is so inelastic that the clearing price for $/square foot would remain static regardless of supply. I have a feeling it would retreat if more supply came on the market.