5 ms·

I might not be thrilled with state intervention either, but I do not doubt its necessity. Here in California the state has a new housing target that is allocate

I might not be thrilled with state intervention either, but I do not doubt its necessity. Here in California the state has a new housing target that is allocated to regions. The regions then allocate new housing targets to cities. And pretty much every single one of the cities in the Bay Area is having to be dragged, kicking and screaming, to meet those targets. My own city is having to violate its own low-density regulations to get it done. If it were not for the state promising heavy financial consequences for cities failing to plan appropriately for growth, the cities wouldn’t be doing squat about the problem, and things would continue to get worse. How do we know? Because that’s exactly how the last couple of cycles have gone.

GhettoComputers 5y ago
Rent controlled housing is intervention that drives the rest of it up, and causes hoarding where they want to keep the old prices in a multi bedroom apartment, higher prices for others that cause long vacancies, they’re dreading building a certain amount of affordable housing from upper bureaucrats, that prescribed only one solution that doesn’t fit into the data, so the problems of intervention are being solved with the same intervention that caused it.
- cheriot 5y ago
  Rent control has only existed in a handful of CA municipalities, but the exorbitant housing costs are everywhere in the SF, SV, LA regions. To your point, CA's regional housing needs assessments are state level intervention to undo city level interventions (zoning, permitting) that prohibit housing.
  - GhettoComputers 5y ago
    Aren’t those the most important areas that need housing? Isn’t rent control being used as the proposed solution for affordable housing? Wouldn’t removal help? The cost is also less nature and it can lose attractive characteristics, like how gentrification changes environments.
    - phlakaton 5y ago
      The state mandates that some of the allocation go too "affordable housing" and that the placement of said housing is not obviously redlined (e.g. you can't just dump some flophouses on an abandoned military base and call that an affordable housing solution). The state does not mandate rent control, and not all cities with huge housing needs pursue rent control. So yes, there's a shape to the stare-level intervention, but nothing as draconian as you describe.
    - cheriot 5y ago
      Removing rent control does not address the housing shortage. The city built office space for more jobs and prohibits housing for those new workers. That's the problem to solve.
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GhettoComputers 5y ago

Rent controlled housing is intervention that drives the rest of it up, and causes hoarding where they want to keep the old prices in a multi bedroom apartment, higher prices for others that cause long vacancies, they’re dreading building a certain amount of affordable housing from upper bureaucrats, that prescribed only one solution that doesn’t fit into the data, so the problems of intervention are being solved with the same intervention that caused it.

cheriot 5y ago
Rent control has only existed in a handful of CA municipalities, but the exorbitant housing costs are everywhere in the SF, SV, LA regions. To your point, CA's regional housing needs assessments are state level intervention to undo city level interventions (zoning, permitting) that prohibit housing.
- GhettoComputers 5y ago
  Aren’t those the most important areas that need housing? Isn’t rent control being used as the proposed solution for affordable housing? Wouldn’t removal help? The cost is also less nature and it can lose attractive characteristics, like how gentrification changes environments.
  - phlakaton 5y ago
    The state mandates that some of the allocation go too "affordable housing" and that the placement of said housing is not obviously redlined (e.g. you can't just dump some flophouses on an abandoned military base and call that an affordable housing solution). The state does not mandate rent control, and not all cities with huge housing needs pursue rent control. So yes, there's a shape to the stare-level intervention, but nothing as draconian as you describe.
  - cheriot 5y ago
    Removing rent control does not address the housing shortage. The city built office space for more jobs and prohibits housing for those new workers. That's the problem to solve.

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