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A comment on California lawmakers have tried for 50 years to fix the state’s housing crisis. Parent comment

Re:California lawmakers have tried for 50 years to fix the s... by austenallred on Monday December 25, 2017 @01:12AM (#16002950)
The reason prices are so high in the area you live is that so few people want to leave, so the available housing is a tiny percentage of the total housing that is being bid on, compounded by the fact that you can rent out your house for 4x you’re mortgage, so why sell? Adding more housing alleviates that pressure significantly.

It’s been years and next to nothing has been built in the vast majority of the Bay Area - housing has decreased in some parts. It’s not a rapid development concern, it’s a no development concern.

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Re:California lawmakers have tried for 50 years to fix the s... by Nuzzerino on Monday December 25, 2017 @12:57PM (#16005015)
I saw a recent figure that around half of residents want to leave. Where did you get the idea that few people want to leave?
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Re:California lawmakers have tried for 50 years to fix the s... by austenallred on Monday December 25, 2017 @01:51PM (#16005236)
The reason they want to leave is because they can’t afford to stay. The number of homes for sale is orders of magnitude lower than comparable areas.
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