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But there’s also extremely constrained supply. Look at Mountain View CA from 2000 to 2010. The city blocked new housing religiously for a decade while welcoming
by true_tuna 8y ago
But there’s also extremely constrained supply. Look at Mountain View CA from 2000 to 2010. The city blocked new housing religiously for a decade while welcoming tens of thousands of new jobs. Now traffic is insane, housing prices are insane. Tell me simple supply and demand is not at play here.
If we add jobs we gotta add housing. It’s baffling that we’d try to do anything different.
And yet every city in the Bay Area is happy to welcome new jobs and blocks new housing at every turn. There’s a muddy field right next to google campus. Been vacant for at least a decade. Zoned for hotel. Nobody wants or needs a hotel there. High density housing yes. Hotel no.
I’m not interested in any conversation about the housing crisis that ignores this simple idea.
Add a job? Permit a housing unit. Do that for a decade and then we can talk about the other factors.
- masonic 8y agoThe city blocked new housing religiously for a decade Specific examples? (I'm a MV resident for 26 years and have seen no such examples.) There have been significant blocks against new retail (e.g. the "gorilla" campaign that killed the Home Depot at El Camino and the Americana), but not housing. There's little bare land except on the Bay side of 101.