There's an element of tyranny and expropriation in the YIMBY movement.
Santa Monica has refused to do so for the past 10 years. This year they just had their entire zoning code essentially overturned by the state (again, per that law) until they were back in compliance. In the 3 months they were deemed noncompliant before they got their act together, applications for 4000 units were filed and now must be approved ministerially, which goes a long away to satisfying their 8000 unit shortage as determined by RHNA!
Beverly Hills and Pasadena just had their housing elements (zoning) thrown out for the same reason. San Francisco, Berkeley, and Palo Alto will be next unless they get their act together. No city itself is the source of the state's housing crisis. But Santa Monica is one part of it.
"Throwing seniors out of their homes" was effectively used to give incumbent homeowners a massive tax break. Worse, it gave Disney a massive decades-long tax break. What people often don't talk about with respect to Prop 13 is how it benefitted corporations.
Corporations end up owning property in LLCs and they simply buy and sell the LLCs. This doesn't technically count as a transfer (which would trigger a revaluation for tax purposes) so Disney in Anaheim is paying a tax rate for their theme park that was capped (with 1-2% max annual increases) in the 1960s.
The other horrible part is you can inherit a decades-old preferential tax rate. I mean, you wouldn't want to kick people out of their parents' home would you?
California needs to be more like Texas in this regard. Reassess for property tax frequently. Allow property tax deferral for seniors who don't want to move. And there's no beneficial tax rate to inherit.
Why do you think there's a chance?
Almost 80% of home-owners vote - and the CA home-ownership rate is above 55%. Usually less than 50% of renters vote.
Prop 13 is currently popular with both liberal politicians (think about the poor old ladies who'd have to move!) - and conservatives (we actually like regressive taxes).
I can't even see a path to start being hopeful in the next 10 years.
California and Texas both need to drop sales/income/property taxes entirely and replace them with land value taxes.
I was surprised it failed, but it cemented the idea for me that Prop 13 is untouchable.
The people who supported prop 15 are evil and racist (it would have put many minority businesses out of business). The only businesses left would be giant corporations who could make deals.
You have every right to want to see small businesses replaced by corporate megaliths, but don't pretend you're doing that out of "fairness." That's evil.
To dismiss this political reality is to "bring a knife to a gunfight."
Again, to property owners this is their biggest asset and they're not playing around.
Making large and single family homes more scarce will increase the market value of existing large single family homes.
Allowing more dense development increases land value.
YIMBY policies increase both the improvement and land value of existing real estate with single family homes.
For example, in most of the US, it is illegal to build anything other than single-family homes ("SFHs"). This is NIMBYism and intentionally exclusionary. If you have minimum lot sizes and can only build an SFH on it, you're creating an economic barrier to people living there, usually under the guise of preserving the "character" of that commu8nity.
Likewise, most places are completely car-dependent. This too is intentionally exclusionary.
Even in built up areas like Manhattan, a lot of units are bineg built but they're heavily weighted towards the ultra-luxury segment (>$3,000/sq ft). There were tax incentives to build this ultra-luxury property (ie J-51).
Pretty much every facet of US housing is designed to limit supply and be exclusionary at the policy level.
This is a false statement and mostly applies to the west coast.
Which also results in unsustainable neighbourhoods. https://www.youtube.com/watch?v=7IsMeKl-Sv0
> That’s essentially what Alameda County Superior Court Judge Brad Seligman ruled this week when he froze enrollment increases at UC Berkeley in response to a lawsuit by a local NIMBY group called Save Berkeley’s Neighborhoods. The judge found that the university failed to account for the impact of increased enrollment — including late-night parties and crowded parks — in its plans to add more student and faculty housing, in violation of the California Environmental Quality Act, known as CEQA.
Well-intentioned laws (ie environmental impact) are effectively being weaponized for the benefit of rich people.
There have been some victories in Newson's push. A notable example is Santa Monica. The city is quite famous for fighting development to going back decades. Now the state mandates cities have to have a "Housing Element", which is a plan for increasing affordable housing. Santa Monica fought this but got out of compliance. This allowed developed to bypass the city and get thousands of units approved. The city is now in compliance but is lookking at legal options for fighting the approvals.
Santa Monica, like many wealthy cities, also fought against the Westside rail extension into the city [2]. Why? "Crime" of course. What this really means is "undesirables", which itself means "poor people".
You really see the awful cruelty of some people in all this. Rampant NIMBYism and the impact it has on housing supply and affordability is a key contributor to homelessness, poverty and property crime. Oh well, I guess we'll ship everyone off to Martha's Vineyard. Problem solved.
[1]: https://www.sfchronicle.com/opinion/editorials/article/Edito...
[2]: https://la.curbed.com/2013/7/16/10219386/westside-nimbys-han...