cawacko
Well-known member
In true capitalism, housing supply would be allowed to keep up with the demand we have. We don't do that in California. In fact, we are going on our fifth decade of not allowing it. Yes there is absolutely demand but that's the major reason for the high costs.Housing is expensive here in part because people would like to live here. That's capitalism.
My gasoline is more expensive, but my electric and utilities are cheaper, and my income is significantly higher than demographically comparable people in Texas, Florida, and West Virginia.
NIMBYism, anti-growth measures and abuse of acts like CEQA are the drivers of limiting supply. It's not Boomers only, but they are the leaders of this movement. It's the ultimate fvck you, I've got mine attitude.
And it absolutely contributes to making the state economy less dynamic. But hey, people don't want their neighborhoods to change so F everything else.
"Suddenly" concerned about poor people, but votes hard-core Republican every time