Re:Why California is so expensive: It’s not just the weather...
by whyenot on Tuesday July 19, 2016 @07:00PM
(#12125601)
> If California wants to lower their housing prices, they need to have supply match demand. To do that, they need 50 story buildings. A lot of them. And they need to start soon, because they take years to build.
Develop all that open space on the peninsula, the east bay hills and the Marin headlands. Not only will it increase housing supply, but by removing all that space used for recreation, the bay area will become a less desirable place to live, and demand will also go down. According to basic economics, it's a win-win!
Develop all that open space on the peninsula, the east bay hills and the Marin headlands. Not only will it increase housing supply, but by removing all that space used for recreation, the bay area will become a less desirable place to live, and demand will also go down. According to basic economics, it's a win-win!