4 ms·
It is expensive in those other places for similar reasons as SF -- the government either tells them they can't (through zoning), or makes it very expensive (thr
by loeg 9mo ago
It is expensive in those other places for similar reasons as SF -- the government either tells them they can't (through zoning), or makes it very expensive (through regulation, like IZ / "affordable" housing), or limit profitability (rent control), or some combination of the above. All of these reduce the supply of new housing.