Re:High housing costs may be California's biggest problem
by supportengineer on Tuesday May 14, 2024 @12:16AM
(#40351558)
Homebuyers and developers want construction. Governments and NIMBY's don't want it.
Re:High housing costs may be California's biggest problem
by fragmede on Tuesday May 14, 2024 @02:43AM
(#40352303)
but they're not. They're building luxury condos because they pay out the most and they need to do that because the cost of construction is so high. if the cost of construction was lower, then it would be affordable to do non-luxury non-condo
construction.
Re:High housing costs may be California's biggest problem
by ars on Tuesday May 14, 2024 @05:36AM
(#40353267)
If that's even true it's only because they are so limited in what they can build.
Remember there's a limit to how many of those can be sold. Once you've sold them all they'll build sometime else
But only if the government lets.
All that's necessary is for the government to get out of the way. i.e. dramatically reduce zoning and permitting requirements.