3 ms·
> Is it succeeding in lowering housing costs? Give it time, there's a lot of long-term damage to the housing market and this is just a baby step in the right d
by mullingitover 4y ago
> Is it succeeding in lowering housing costs?
Give it time, there's a lot of long-term damage to the housing market and this is just a baby step in the right direction.
> What is the net impact on quality of life?
Well hopefully when this thing really gets rolling, quality of life might improve for the 25% of renters in the state who are paying over 50% of their income in rent and utilities.
- catiopatio 4y agoWill you be open to reconsidering your base premise if/when this experiment fails to produce the intended outcome?
- mullingitover 4y agoSure, if California builds the roughly 1 million units of housing it’s missing and people are still suffering extreme rent burdens I’ll be willing to eat my words.
- ideamotor 4y agoThis is a joke, right?