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The laws that have been passed in California will not have any meaningful impact on affordability, so I wouldn’t look to them for hope or progress. It would tak
by bugglebeetle 3y ago
The laws that have been passed in California will not have any meaningful impact on affordability, so I wouldn’t look to them for hope or progress. It would take decades and decades of building at a level not seen since the postwar era to undo the damage done to the state by real estate speculators and Proposition 13.
- crooked-v 3y agoNothing is going to instantly change housing availability, but shrugging and giving up now will make things way worse in those future decades.
- bugglebeetle 3y agoLots of things could instantly change housing availability (e.g. banning investment funds from owning homes, direct state construction, abolition of zoning), but none of those will happen because they would cost real estate speculators money, as well as the politicians they bankroll.