Re:Oracle Moving HQ to Austin
by somethoughts on Saturday December 12, 2020 @04:07AM
(#25396918)
My take is that its because Texas at least has no natural barriers to contain sprawl, so its just sprawls outward as far as the eye can see. I suspect Minneapolis has similar geography.
Both Northern California and Southern California on the other hand have hills/mountain terrain which constrains suburban development.
"They responded to rising housing prices by liberalizing their zoning code in the hopes of attracting more construction."
Yes, that is what I was referring to when I spoke of an "anti-zoning housing movement". That is a political movement that, I believe, has its roots in California.
And yes, I agree with you that it has progressed further in Minneapolis than it has in, for instance, the Bay Area.
California today is, for practical analytical purposes, a state with a fixed number of houses. This means we're currently operating in a regime where only the most successful and luckiest people can remain here. Unless we restart our housing production, this will continue.