3 ms·
This is one of the rare cases where I agree with the Trump administration. California does deserve all this criticism for years of policies that over-regulated
by kelp 7y ago
This is one of the rare cases where I agree with the Trump administration. California does deserve all this criticism for years of policies that over-regulated housing, leading to a severe shortage.
And the California solution continues to be stricter tenant protections and more housing subsidies.
But the subsidies are nowhere near enough. This article suggests it would cost $12B for the Bay Area alone. https://www.cnbc.com/2019/04/10/cost-to-end-san-francisco-bay-area-homelessness-would-be-12point7-billion-report.html https://www.cnbc.com/2019/04/10/cost-to-end-san-francisco-ba...
And when polled, 57% of Californians continue to blame the wrong causes: https://extras.mercurynews.com/blame/ https://extras.mercurynews.com/blame/
Blaming developers, rather than the local governments that restrict supply.
I’ve been following these issues closely for years, and have been active in advocacy around them. I’m now convinced it won’t get substantially better without federal involvement.