Re:Home Price to Income Ratio
by asdff on Monday September 20, 2021 @03:20PM
(#28597663)
California being terrible is only a recent phenomenom. It used to be common to convert your sfh into an apartment complex. There are 5 story single lot brick apartments on my block that are still illegal to build on a neighboring lot today with SB9 and 10.
Even just straight up rolling back to zoning codes that existed in 1960 without much further change would do a lot for supply. Los Angeles in 2010 had a population of 4 million and was zoned for 4.3 million homes. Los Angeles in 1960 on the other hand had a population of 2.5 million and was actually zoned for 10 million homes.
Even just straight up rolling back to zoning codes that existed in 1960 without much further change would do a lot for supply. Los Angeles in 2010 had a population of 4 million and was zoned for 4.3 million homes. Los Angeles in 1960 on the other hand had a population of 2.5 million and was actually zoned for 10 million homes.