Earlier quoted context omitted.
> Make it legal to build homes where people live (looking at you California, specifically LA, SF, SV) People keep saying this, but it's just a flavor of trickle-down economics. The idea that if we just let developers build out more (sure, yes they should) that then housing prices would drop and cascade down to where homeless people could afford a place to live. That's such a huge stretch, especially in those areas yo…
> The idea that if we just let developers build out more (sure, yes they should) that then housing prices would drop and cascade down to where homeless people could afford a place to live Its obviously not true. Its a working theory - the more housing available, the lower the cost - is true. But SF has such a high demand you can probably double housing in SF and demand would not satiate. That said, seattle has built…
I ballparked the housing gap a while back by comparing the ratio of employment/residents with 30 years ago and came up with ~80,000 missing homes. That's in a city of 400,000 homes right now.
An imperfect measure for sure, but I think affordability is achievable if we stop prohibiting the solutions.