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We are most certainly not running out of space in the Bay Area. There are tons of undeveloped lots scattered throughout, and prosperous areas that have no busin
by ProfessorLayton 9y ago
We are most certainly not running out of space in the Bay Area. There are tons of undeveloped lots scattered throughout, and prosperous areas that have no business being limited 2-3 stories.
Of course we all know that this is due to local zoning laws. However, there are many layers that compound this issue, such as infrastructure.
Local districts collect the tax revenue that comes with a large employment base, but then make it another city's/county's problem when it comes to infrastructure costs associated with more housing.
This in turn leads to a vicious cycle of higher housing costs in areas with more jobs/good schools/good public transportation > Leads to even more NIMBY laws designed to protect that investment > Higher housing costs.
Perhaps we need to rethink how we collect and distribute local taxes?