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California is also facing a net reduction in population in the past few years (around half a million total - that counts births, deaths, people moving in, peopl
by Syonyk 3y ago
California is also facing a net reduction in population in the past few years (around half a million total - that counts births, deaths, people moving in, people moving out - the state's absolute population has gone down the past two years).
Eventually, problems do solve themselves. One way or another. It just may not be in the desired way.
- prottog 3y ago> Eventually, problems do solve themselves. One way or another. As Keynes said, in the long run, we are all dead. It would be nice to solve some of these problems within our lifetimes.
- scythe 3y agoLA (metro) saw a decadal growth of just 2.9% — total — from 2010 to 2020. That's less than half the national average, and well below many cheap cities. Zoom out to the combined statistical area (including SB/Riverside) and it only goes up to 4.2%. Yet it hasn't gotten significantly cheaper. Stopping growth does not imply achieving affordability on a reasonable timescale. Over several decades, maybe. But letting pain solve problems usually requires more than people realize it will take.
- bombcar 3y agoHousing has gone down in nominal dollars only a few years in the last century. Even if nothing else improved regulations and the cost of construction would lead to higher prices. Mayhap the best we can do is ensure supply is more than adequate and wages rise accordingly.
- epistasis 3y agoI don't think the problem is solving itself, it's just playing out in the expected way of the problem. Where this heads is towards unaffordability for those running the basics of society, from sewers and utilities to healthcare and retail and shipping. Which will result in greater dysfunction, even if there is still some level of functionality. The future that California is heading towards is far higher levels of homelessness, in far more areas, even as there is massive wealth. It is towards a more dystopian future.