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If it's not a supply-side issue, it should be fine to bulldoze 100k units while everything remains the same, and the prices shouldn't change at all.
by aclatuts 4y ago
If it's not a supply-side issue, it should be fine to bulldoze 100k units while everything remains the same, and the prices shouldn't change at all.
- deleted 4y ago[deleted]
- lettergram 4y agoMy point was you can’t build enough units to have the desired impact. If you bulldozed 100k units in SF there would be no where you live. Likely it would drop property values lol
- lotsofpulp 4y agoaclatuts cannot build enough units, but the country of the USA can, because it has a finite number of people in it, and immigration controls.
- gfaster 4y agoIf you would like to be proven conclusively wrong, I'd suggest looking at Japan. Its zoning stayed much more liberal than the United States and despite the massive size and growth of Tokyo, it stays affordable. Even in SF, some of the largest housing advocates are the tech companies that don't like having to pay employees enough to live in SF[1]. [1]: https://stripe.com/newsroom/news/stripe-donates-to-california-yimby https://stripe.com/newsroom/news/stripe-donates-to-californi...