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This doesn’t account for California’s regulatory impoverishment. Housing is cheaper in Texas.
by Ferrotin 4y ago
This doesn’t account for California’s regulatory impoverishment. Housing is cheaper in Texas.
- deleted 4y ago[deleted]
- bogota 4y agoWay cheaper but the taxes on it are also high
- larsiusprime 4y agoHousing is cheaper (to buy) because the taxes on it are high
- Ferrotin 4y agoThere are a lot more reasons than that.
- throwaway0asd 4y agoNot that high.
- gigatexal 4y agoWell yeah. When powerful folks like Marc Andreesen are secretly fighting affordable housing starts that’s not going to help anyone.
- Ferrotin 4y agoIsn’t his wife’s family in commercial property? So he’d be naturally aligned in favor of building housing any place they have commercial property. Not “affordable housing” which is a tax that makes less construction happen, but cheaper housing for everybody.
- jfim 4y agoIt doesn't help, but I doubt he's single handedly responsible for the housing crisis in California though. There are many things that cause housing in California to be expensive (proposition 13, rent control, the excessively bureaucratic processes for building additional housing, single use zoning, etc.), and all of them need to be addressed.
- vel0city 4y agoNot even just housing. Everyone in Texas is freaking out about current electricity pricing going sky high to ~14c/kWh. What's the rate you'll get from PG&E again? Gas is ~$3.45/gal around me. Looks like gas around LA is ~$4.79/gal. $1.34/gal difference at the moment. A 25mpg car going an average 13,500 miles in a year, that's $723 more expensive in CA than TX right now. According to their data, the difference tax rate between the two is like 2.5% for the lowest group. 2.5% of $20,900 is $522.50. So congrats, you paid less in taxes but ended up paying $200 more in the end just factoring in fuel cost differences.