Blaming prop 13 for high housing costs ignores the real reasons - restrictive zoning codes, too many environmental reviews, and too many regulations in general.

Blaming prop 13 for high housing costs ignores the real reasons - restrictive zoning codes, too many environmental reviews, and too many regulations in general. These combined make it nigh impossible to build enough housing around the Bay Area for rent to come down. Rent control makes things worse by reducing the amount of profit on each building. Then add “affordable housing requirements” which mean each new complex has to essentially lose money on 20% or so of the units to give them to low income people... and no wonder the rent is too $&@! high. I mean look at NYC - property taxes are really high there and the rent is almost as high as SF, and higher than LA.