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I've had a few casual conversations about the collapse of California recently. In my opinion, zoning laws will be the death of San Francisco. The greed of the N
by ngngngng 8y ago
I've had a few casual conversations about the collapse of California recently. In my opinion, zoning laws will be the death of San Francisco. The greed of the NIMBY's will eventually drive prices too high for anyone that didn't buy 20 years prior (i'm amazed it hasn't happened already). I've been entertaining the idea of a state putting extreme limits on zoning laws. I'm not an economic expert so i'm not sure what it would look like, but I can't help but compare to Tokyo with their ballooning population and stable cost of living.
- jdhn 8y agoJapan has fantastic zoning laws. Here's[0] a great blog post about it. [0]http://urbankchoze.blogspot.com/2014/04/japanese-zoning.html http://urbankchoze.blogspot.com/2014/04/japanese-zoning.html
- JMTQp8lwXL 8y agoIf rent goes up too high, and businesses cannot afford to raise wages to keep up, units will go unfilled, and they'll pivot downwards again.