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CA housing shortage is not an unintended policy outcome


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2018 Apr 24, 4:09pm   1,850 views  2 comments

by Patrick   ➕follow (55)   💰tip   ignore  

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.

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1   Heraclitusstudent   2018 Apr 24, 4:27pm  

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   2018 Apr 24, 4:34pm  

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.

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