3 ms·
That's the thing, raising salaries won't solve the issue. Why? Because it doesn't solve the issue of supply. Demand won't stagnate or go lower. Once salaries go
by chaostheory 9y ago
That's the thing, raising salaries won't solve the issue. Why? Because it doesn't solve the issue of supply. Demand won't stagnate or go lower. Once salaries go up the only thing that changes is the price due to higher demand of limited housing units, leading to the same situation. The problem is with multiple city halls. They refuse to add more residential zones let alone high density residential zones.
https://shift.newco.co/letter-of-resignation-from-the-palo-alto-planning-and-transportation-commission-f7b6facd94f5?gi=fa64f5ff8b72 https://shift.newco.co/letter-of-resignation-from-the-palo-a...
Palo Alto is just one example. People need to raise the issue with elected officials, that they want more zoning for higher density residential.