3 ms·
I don't necessarily disagree, but the proposed mechanisms for controlling that market supply seem hard to enforce with the current millage regime. Any hushed ta
by nrr 3y ago
I don't necessarily disagree, but the proposed mechanisms for controlling that market supply seem hard to enforce with the current millage regime. Any hushed talk of expropriation also risks eliciting thoughts of eminent domain. It's a really hard sell.
Additionally, the biggest piece of evidence for physical supply being the constraint is overcrowding: how many unrelated people are living in a single housing unit? Especially in college towns like Santa Cruz (and especially as we've not stood up new schools elsewhere), this seems particularly acute.