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Its expensive just because its desirable? Housing doesn't work like a commodity you can ship around the world. Everyone needs a place to live, and having more h
by DiscourseFan 3y ago
Its expensive just because its desirable? Housing doesn't work like a commodity you can ship around the world. Everyone needs a place to live, and having more housing for everyone who wants to live in an area only increases economic productivity. There is still more than enough space, even in the bay area, even near LA, to build housing, its just that the people elected to local offices also happen to be the same people who don't want the value of their houses to decrease. So instead of having to live next to lower-income residents, they get to live next to the homeless, who come in surging, ever-increasing waves. Why is it better for California that all these people who could be housed, educated, fed, are left without a private domicile--it seems better only for those select few who happen to own good property.