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Re:In Cramped and Costly Bay Area, Cries to Build, Baby, Build by Retric on Saturday April 16, 2016 @12:23PM (#11511138)
Or build smaller homes 40k @ 6% is only 200$ a month. Further people would be paying this anyway and new development directly competes with normal home sales.

It may promote smaller homes, but that increases affordability.

Re:In Cramped and Costly Bay Area, Cries to Build, Baby, Build by mountaineer22 on Saturday April 16, 2016 @12:34PM (#11511200)
How do you ensure it sells for $40k and the person that buys it lives in it (not renting or sub-leasing for a profit)?
Re:In Cramped and Costly Bay Area, Cries to Build, Baby, Build by tamana on Saturday April 16, 2016 @01:01PM (#11511297)
Doesn't matter. The point is to push the inventory mix toward smaller dwellings. Someone who want a big house won't buy 5 little ones.