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CA housing shortage is not an unintended policy outcome

By Patrick following x   2018 Apr 24, 4:09pm 641 views   3 comments   watch   sfw   quote     share    


https://www.carlaef.org/

The housing shortage is not an unintended policy outcome.

California’s housing shortage is strangling its residents and businesses. Every type of person and business is affected by this crisis.

Our shortage results from this unique legal and political culture of California, cultivated over decades of organizing and enacting local policies that have created successive barriers to meeting the housing needs of our growing population.

The only way to universally and permanently solve this shortage in the long run is to build more housing.
1   Heraclitusstudent   ignore (1)   2018 Apr 24, 4:27pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

It's totally intended: they don't want to people with upside down mortgages and banks holding bad assets.
The inflation of their economic status quo bubble depends on it.

The problem is it can't go on forever, and we're already past its useful phase.
2   Strategist   ignore (1)   2018 Apr 24, 4:34pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Patrick says

The only way to universally and permanently solve this shortage in the long run is to build more housing.


And the only way to make rents and mortgages more affordable. All other proposals are bandages that do nothing.
3   TrumpingTits   ignore (0)   2018 Apr 24, 11:02pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Heraclitusstudent says
The problem is it can't go on forever, and we're already past its useful phase.


It seems to be going on forever in China. Hell, they are still building ghost cities even right now.

So, I gave up waiting for The Collapse to happen. This sure has more staying power than predicted.




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