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>2. This is how gentrification works. Many of these folks are coming because they’ve been priced out of wherever they’re coming from. Yep. If you want to blame

by koboll 5y ago

>2. This is how gentrification works. Many of these folks are coming because they’ve been priced out of wherever they’re coming from. Yep. If you want to blame someone, blame local governments in California and their chronic refusal to build adequate housing, citing dubious progressive buzzwords to push policies whose outcomes always curiously seem to further enrich property owners and screw over everyone else.

seanmcdirmid 5y ago
This isn’t really the root of the problem through. The government can’t get more housing through because the voters don’t want it, the voters don’t want it because the traffic is already bad enough and there is nowhere to build more roads, and they don’t consider taking the bus or funding more public transit. And even if you climb that hump you become New York City or Shanghai, both of which are plenty dense with public transit but still not affordable at all. Seriously, without Singapore-style public housing, you just aren’t going to solve this problem in any reasonable way. But that would ruin housing as a good investment outside of a small niche market at the super high end.
- bobthepanda 5y ago
  Californians did themselves no favors by shooting themselves in the foot with Prop 13. Normally localities would fund more services for growing populations by reaping the benefits of higher assessments.
georgeecollins 5y ago
California had a population of 10m in 1950, and 40m today. So presumably some housing was built. In that period California added the GDP of a mid sized European economy. Such a disaster.
- davidw 5y ago
  Here's a chart showing California housing production. It's a pretty big failure over the past 15 years or so: https://bendyimby.com/2018/11/03/california/ https://bendyimby.com/2018/11/03/california/
  - georgeecollins 5y ago
    Plenty of houses in Detroit.

by koboll 5y ago

seanmcdirmid 5y ago

This isn’t really the root of the problem through. The government can’t get more housing through because the voters don’t want it, the voters don’t want it because the traffic is already bad enough and there is nowhere to build more roads, and they don’t consider taking the bus or funding more public transit. And even if you climb that hump you become New York City or Shanghai, both of which are plenty dense with public transit but still not affordable at all. Seriously, without Singapore-style public housing, you just aren’t going to solve this problem in any reasonable way. But that would ruin housing as a good investment outside of a small niche market at the super high end.

bobthepanda 5y ago
Californians did themselves no favors by shooting themselves in the foot with Prop 13. Normally localities would fund more services for growing populations by reaping the benefits of higher assessments.

georgeecollins 5y ago

California had a population of 10m in 1950, and 40m today. So presumably some housing was built. In that period California added the GDP of a mid sized European economy. Such a disaster.

davidw 5y ago
Here's a chart showing California housing production. It's a pretty big failure over the past 15 years or so: https://bendyimby.com/2018/11/03/california/ https://bendyimby.com/2018/11/03/california/
- georgeecollins 5y ago
  Plenty of houses in Detroit.