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I don't think it's that insidious. They probably just don't want the value of market rate housing to go down because that's popular with voters
by opportune 5y ago
I don't think it's that insidious. They probably just don't want the value of market rate housing to go down because that's popular with voters
- bckr 5y agoI wouldn't even describe the situation I'm describing as insidious, but I see what you're saying. Yours is also a more likely answer.
- MichaelBurge 5y agoWhy don't they rezone everyone's land as commercial then? Not sure about California, but in most places that would double or triple the value of the land. If you did everyone all at once, it probably wouldn't be so extreme but would still be an increase.
- seanmcdirmid 5y agoZoning in the USA isn’t expansive (zones get more lenient, including what could have been put in more restrictive zones), rather they are exclusive. If all land was zoned as commercial, it wouldn’t give anyone a place to live.