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Ok, in California for example, before this works, you need to undo most of the anti-building laws (these are mostly environmental related btw - not sure if you
by google234123 5y ago
Ok, in California for example, before this works, you need to undo most of the anti-building laws (these are mostly environmental related btw - not sure if you would be happy with removing them), corrupt permitting boards, and also do some reform on the lawsuit system (since everyone sues you when you start building). Also there are tons of accessibility related laws that make building more expensive - e.g. you must have an elevator on any complex with 3+ apartments. It's probably illegal to build cheap apartments with no AC like we used to.
If you dont change any of this, a new "affordable 1br apartment will probably cost 700K.
- colechristensen 5y agoOr you pass state laws about commercial occupancy density and new zoning / new construction outside of residential / work zoning. Places that don't want to grow have to shed jobs and force them to go elsewhere.
- seanmcdirmid 5y ago> If you dont change any of this, a new "affordable 1br apartment will probably cost 700K. There are places in California where you can get a single family home, let alone a 1br apartment, for around $200k. Let’s not kid ourselves and substitute California for when we really mean LA or the Bay Area (places where people want to live, as opposed to susanville, where most people don’t want to live).