CA Cities to Lose All Zoning Powers in 2 Days

Re:CA Cities to Lose All Zoning Powers in 2 Days by nine_k on Tuesday January 31, 2023 @12:12PM (#34597977)

If housing ceases to be a relatively safe investment vehicle, what will become it?

I dislike the idea of home-as-investment as much as the next guy, but I'd like to think about some consequences of houses stopping to be an investment, Japan-style.

[ Parent | on HN ]

Re:CA Cities to Lose All Zoning Powers in 2 Days by olifante on Tuesday January 31, 2023 @01:55PM (#34599938)

If houses were no longer an investment but rather just poaces to live, the result might be that more and better housing would be constantly being built. This is one of the points of this article that was posted here the other day: https://noahpinion.substack.com/p/actually-japan-has-changed...

[ Parent | on HN ]

Re:CA Cities to Lose All Zoning Powers in 2 Days by nine_k on Tuesday January 31, 2023 @04:51PM (#34602771)

That's fair and understandable.

I wonder where the investment of the "nest egg" investments would go.

[ Parent | on HN ]