Goodbye, New York, California and Illinois

Re:Goodbye, New York, California and Illinois – Hello where? by ttwwmm on Friday January 17, 2020 @06:30PM (#22080784)

Weird is certainly the word for it. The SF real estate catastrophe is pushing up prices here, particularly the south end of the county, while (in the small tech scene at least) salaries haven't adjusted. I've lived here since 2011 but I don't think I would start here today. But of course, anyone who bought a house 20 years ago is just fine since their costs are fixed. Renters and recent buyers pick up the tax bill. Thanks a lot, Howard Jarvis Taxpayers Association!

(Seriously, Prop 13 is awful policy.)

[ Parent | on HN ]

Re:Goodbye, New York, California and Illinois – Hello where? by inferiorhuman on Friday January 17, 2020 @09:34PM (#22081809)

Housing prices are going up in Sonoma because nobody is building houses (in SF, Sonoma, or any of the other counties in the 9-county Bay Area). Sonoma needs to build as much (well, more thanks to PG&E) as anywhere else out here.

[ Parent | on HN ]

Re:Goodbye, New York, California and Illinois – Hello where? by ttwwmm on Saturday January 18, 2020 @03:10PM (#22086793)

Yes, absolutely. I'd add that this area loves its urban growth boundaries, so the only way to add lots of housing is to build up. This makes the carve-out in SB-50 for counties with a population under 600,000 problematic, in my view.

[ Parent | on HN ]