23 ms·
I'm surprised that this is characterized only as a supply problem instead of a demand problem.
by DoofusOfDeath 9y ago
I'm surprised that this is characterized only as a supply problem instead of a demand problem.
- epistasis 9y agoHow do you fix demand? Even with massive price increases, demand is still high. And that just hurts the poor. The other side of the coin is that "fixing" people's desires on where they want to live sounds pretty creepy.
- namlem 9y agoHow dare people demand a place to live?
- astrange 9y agoThere aren't /that/ many tech people moving to Silicon Valley, though there certainly are a lot. What are you going to do about children who grew up in California and can't live in the same city as their parents? There isn't even enough supply for them.
- quotemstr 9y agoOne of the worst aspects of prop 13 is that the property tax cap is hereditary. It's outrageous and creates a real risk of an honest-to-god blood-based class divide in the region.