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You've both got the wrong dichotomy here, it's not about age groups at all, it's about politics - this is a voluntarily-created "problem". California is handic
by anonym29 2y ago
You've both got the wrong dichotomy here, it's not about age groups at all, it's about politics - this is a voluntarily-created "problem".
California is handicapped in housing construction due to state-level policies implemented by well-meaning progressives, largely focused around reducing negative externalities.
Texas isn't handicapped in housing construction, largely due to state-level policies implemented by greedy capitalists.
The greedy capitalists are better at serving customers (prospective homebuyers) than they are at managing negative externalities. This is a policy choice reflective of the values of the people who live there.
The well-meaning progressives are better at managing negative externalities than they are at serving customers (prospective homebuyers). This is a policy choice reflective of the values of the people who live there.
The reality is, there is no housing "problem" in California, there are only the consequences of the values and preferences of the people living there. Texas's values and preferences carry consequences of their own that Texans have to live with (ask me how I know), but housing unaffordability is, compared to California, not one of them.