Why don't we assume more housing will not simply bring more non-homeless from elsewhere? The homeless are certainly not the most competitive home buyers.
California’s housing crisis: how a bureaucrat pushed to build
371–380 of 645 posts
Re: California’s housing crisis: how a bureaucrat pushed to build
#372Fun Fact: if three cities(San Jose, San Francisco, NYC) in America were to loosen up housing planning rules, America's GDP would be 4% higher, that is incredible in of itself, source: (paywall - https://www.economist.com/leaders/2020/01/16/the-wests-bigge... ) Although I think California especially needs new housing, the bay area in particular has a housing issue which is somewhat artificially created due to a number…
Re: California’s housing crisis: how a bureaucrat pushed to build
#373Earlier quoted context omitted.
There's no need to assume this. Even if you treat land & housing as a private good, you're entitled to decide what you do with your own land . You're not entitled to decide what other people do with their land. Zoning laws, development restrictions, and HOAs violate this principle - they give existing homeowners a collective power to decide what other homeowners can do with their private property. This makes housing…
You are oversimplifying. Are you OK with someone opening hog farms all around your house? Setting up fracking rigs? Building a factory and running heavy industry?
I would hope I would have the common sense to sell my land at that point as well, so I could cash in on the sweet moolah the developers were paying.
Re: California’s housing crisis: how a bureaucrat pushed to build
#374Earlier quoted context omitted.
That analogy isn't exactly accurate. To make it accurate, the kids sitting in the current seats would have to have paid a significant amount to purchase those seats. Also, throw in some kids who, for neurological reasons, become extremely distressed if they're forced to sit next to very loud kids. Because of this, they (or their parents) made a big sacrifice to secure single seats for them at great expense.
You're right, and I feel like this is something that is frequently either downplayed or willfully ignored. If I live in California where home prices are sky-high, and I've saved up for nearly a decade for a house, why would I be willing to allow legislation that would likely devalue my biggest asset (by far) that I saved and sacrificed so diligently for? This is a legitimate question, not trying to be a jerk. I'm gen…
Rezoning would not devalue your house. You'd get more money for it in the long run. Better yet, you'd be able to instantly become a landlord (convert your house into a plex) and move somewhere else that satisfied your desire for a single-family home. Or you'd be able to market to a developer.
Plus, if you just kept living in your house, the value would go up anyway, as it always does.
Re: California’s housing crisis: how a bureaucrat pushed to build
#375Earlier quoted context omitted.
You're right, and I feel like this is something that is frequently either downplayed or willfully ignored. If I live in California where home prices are sky-high, and I've saved up for nearly a decade for a house, why would I be willing to allow legislation that would likely devalue my biggest asset (by far) that I saved and sacrificed so diligently for? This is a legitimate question, not trying to be a jerk. I'm gen…
The tough thing is of course you are right. It's obviously in your best interest to vote against new housing if you own a house. But it's not in society's best interest.
Re: California’s housing crisis: how a bureaucrat pushed to build
#376Let me the ask the YIMBY crowd this...what is stopping 2 dozen do you to pool funds together to build a community where land is affordable and have tailored amenities. And you can literally have your own transport to anywhere. Co-Own your shared vacation paradises. Private schools. Incorporated communities. Invest in farms and automation. You can grow your own food and use economics instead of govt bureaucracy to mak…
Re: California’s housing crisis: how a bureaucrat pushed to build
#377What happens when more people move into the area from the rest of the country and start driving to work from their newly built housing units? Silicon Valley has, at best, poor coverage of Caltrain and no coverage for BART in South Bay. If let’s say 10,000 more families move to San Jose into new housing units and they all need to commute to Palo Alto for work, how exactly would they do that without choking up the alre…
This is the most common argument I hear against building, but I am firmly convinced that the reason you have the commute problem in the Bay area isn't because of the number of people, but because the resistance to building has forced development further and further out. Consider that there is still housing growth, but its in South San Jose, Morgan Hill, and Gilroy. Those people all have to drive past Los Gatos, Cambe…
Re: California’s housing crisis: how a bureaucrat pushed to build
#378I have been asking someone..anyone..to give me an example of how building more housing leads to affordable housing. Like in real life.. Every high density over crowded over built city ..and this is global..is unaffordable. It has expensive utilities, higher taxes and bad declining infrastructure that the government can’t seem to replace or upgrade. We have pestilence, rodent infestations, higher crime, big government…
I don't know if this holds water. Boomers who "bought in" during the 70s-80s (when prices were a much lower multiple of the median income) didn't have to make a public discussion of housing, because it was readily available to them. Had in not been affordable to those boomers, would have the silent generation said the boomers didn't deserve housing? As a public policy, it seems prudent to have home prices target some…
Wealth is a construct built upon the notion of scarcity. One has wealth BECAUSE another doesn’t have it. If everyone had one million dollars, then a million has no value.
Imagine I inherited a diamond necklace from my grandmother who inherited it from her mother and so on. The original price of it was $200 and today it is worth a million dollars.
Yes, I inherited it. It’s mine. It’s valuable. Because someone else covets such a diamond necklace doesn’t mean that it is unfair that I inherited it.
Most of the YIMBY arguments seems to be based on ‘unfairness’. How is it unfair to hold something of value that others covet? To be punitively taxed on an asset that one owns free and clear just because someone younger doesn’t own it is a gross violation of property rights. It’s also ignorant and misleading. Most of all, it’s immoral and petty.
Re: California’s housing crisis: how a bureaucrat pushed to build
#379Go ahead and build, but make damn sure you are being rational about people's behavior when it comes to driving and transit. My ex moved into a condominium complex that has exactly zero parking spots or loading docks for visitors, and no parking for half a mile in either direction. It's an absolute total fail. Neighbors rat on each other to get each other's cars towed because they get so upset. It's literally impossib…
Re: California’s housing crisis: how a bureaucrat pushed to build
#380Here are NYC ones, the biggest prjects are 1000-2000 units each https://en.wikipedia.org/wiki/List_of_New_York_City_Housing_...