4 ms·
Construction is expensive but at least not difficult. Entitlement and permitting are the real nightmare here. It's why we basically don't build anything.
by zbrozek 2y ago
Construction is expensive but at least not difficult. Entitlement and permitting are the real nightmare here. It's why we basically don't build anything.
- greenie_beans 2y agowhat about the massive amount of housing starts that dropped off after the financial crisis and took a while to recover, and never got back to the same level? that seems like a big part of the problem too. https://fred.stlouisfed.org/series/HOUST https://fred.stlouisfed.org/series/HOUST
- zbrozek 2y agoHow many of those are in California?
- greenie_beans 2y agoidk, i'm curious but ain't got time to look for that. you should look it up if you're curious, or are you trying to make a point?
- zbrozek 2y agoThe article is about California and I would suspect that relatively few entitled projects are abandoned there. If you know where to get the relevant data, please share.