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That's because we still don't build enough. Watch as SB 50 dramatically changes rents in CA.
by wbl 8y ago
That's because we still don't build enough. Watch as SB 50 dramatically changes rents in CA.
- TomMckenny 8y agoI hope so with all my heart. But for example, this[0] (triangular!) lot is 1.6 million. So developed or not, low rents seem unlikely even in that neighborhood. At the risk of heresy, dare I ask if real-estate markets as they currently work have failed their communities? [0] https://www.google.com/maps/@37.8134181,-122.2745241,3a,75y,333.3h,72.58t/data=!3m6!1e1!3m4!1srZEyh2MlevQi5GVwr31vAA!2e0!7i16384!8i8192 https://www.google.com/maps/@37.8134181,-122.2745241,3a,75y,...