3 ms·
In theory low interest rates encourage borrowing to build more, but we haven't seen the "building more"; CA added 2.3 million residents since 2010 and only 400,
by kevinburke 9y ago
In theory low interest rates encourage borrowing to build more, but we haven't seen the "building more"; CA added 2.3 million residents since 2010 and only 400,000 housing units.
The problem is much more about local cities and NIMBY's having too much influence in the planning process.