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Builder's Remedy goes into effect in many California cities tomorrow

darrellowens.substack.com

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Re: Builder's Remedy goes into effect in many California cities tomorrow

#61
post #2

This seems like a way to reduce homelessness and fix the housing market in one fell swoop.

> reduce homelessness Is the homeless problem due to the cost of housing? Or is it moreso due to fentanyl?

Why not both? And if the law fixes the prior, it will reduce overall homelessness. I'll take the progress and we can deal with the fentanyl issue in parallel for its own reasons.

Re: Builder's Remedy goes into effect in many California cities tomorrow

#62
post #43
post #39

Earlier quoted context omitted.

As a property owner, I've always found this to be remarkably short sighted. If the city booms, land value goes up. E.g. Manhattan. Trying to keep your small suburb a small suburb isn't maximizing investor value. edit: to responders, yes I'm aware houses have other value. My comment is in response the parent comment that specifically addresses investment value protection aspect.

Some people just want to live in a small suburb

Well some other people have decided that that's not allowed.

Re: Builder's Remedy goes into effect in many California cities tomorrow

#63
post #24

Earlier quoted context omitted.

Well, we are going to find out. Something tells me everyone who's homeless isn't a fentanyl addict. Especially given housing costs.

> Something tells me everyone who's homeless isn't a fentanyl addict. Especially given housing costs SF/LA has numerous programs that will give you housing if you're homeless. The issue is that many of the homeless refuse to take up these programs and insist on staying in their tents.... because they're mentally ill.... because of drugs.

Okay, correct me if I'm wrong:

- They're homeless

- Because they're mentally ill

- Because they're on drugs

- Because they're mentally ill

- Because they're homeless

Re: Builder's Remedy goes into effect in many California cities tomorrow

#64

So when and if this takes effect, what do self proclaimed YIMBYs think is going to happen to everything in these cities that aren’t housing? Schools, roads, grocery stores, public transit, parks, etc. Is the thinking that they’re just going to magically be expanded to meet the massively higher density than these areas were ever planned to built for?

The cities will have increased property taxes (at full rate, not 1978 rates) which they can use to expand services. It'll take a few years of pain, but that's the price cities like Santa Monica get to pay for trying to avoid doing their fair share.

Re: Builder's Remedy goes into effect in many California cities tomorrow

#65
post #48

How would the builder's remedy work in a place like Atherton if the homeowners form a pact and refuse to sell to any developers? E.g. if Marc Andreessen ( https://www.theatlantic.com/ideas/archive/2022/08/marc-andre... ) and Steph Curry ( https://therealdeal.com/2023/01/29/steph-curry-shoots-his-ni... ) form a coalition with other residents then they can effectively keep the city down zoned even if builder's remedy i…

I am excited to see how well a coalition of rich people performs once they start getting massive bids.

Re: Builder's Remedy goes into effect in many California cities tomorrow

#66
post #39

Earlier quoted context omitted.

For what it's worth, most zoning is created by property owners, too. Gotta preserve their investment at the expense of our nation's growth.

As a property owner, I've always found this to be remarkably short sighted. If the city booms, land value goes up. E.g. Manhattan. Trying to keep your small suburb a small suburb isn't maximizing investor value. edit: to responders, yes I'm aware houses have other value. My comment is in response the parent comment that specifically addresses investment value protection aspect.

Value can be non-monetary, particularly for owner-occupied non-investment property.

Re: Builder's Remedy goes into effect in many California cities tomorrow

#67

From my observation, these new housing developments are built without adequate parking and without improvements to the streets, leading to congested messes and worsening already bad traffic. How people can see this as a positive is unknown to me.

One of the problems with new construction in some places (eg LA county) is that new construction has a requirement of too many parking spaces, not too few.

Re: Builder's Remedy goes into effect in many California cities tomorrow

#68

So when and if this takes effect, what do self proclaimed YIMBYs think is going to happen to everything in these cities that aren’t housing? Schools, roads, grocery stores, public transit, parks, etc. Is the thinking that they’re just going to magically be expanded to meet the massively higher density than these areas were ever planned to built for?

Eventually, yes. More housing will certainly create a reason for other services to expand where there was no reason to change before.

Re: Builder's Remedy goes into effect in many California cities tomorrow

#69
post #48

How would the builder's remedy work in a place like Atherton if the homeowners form a pact and refuse to sell to any developers? E.g. if Marc Andreessen ( https://www.theatlantic.com/ideas/archive/2022/08/marc-andre... ) and Steph Curry ( https://therealdeal.com/2023/01/29/steph-curry-shoots-his-ni... ) form a coalition with other residents then they can effectively keep the city down zoned even if builder's remedy i…

When it's a mall, factory or highway, eminent domain is never off the table. Curious to see if the pols would be so itchy for housing.

Re: Builder's Remedy goes into effect in many California cities tomorrow

#70
I strongly recommend Darrell Owens' substack (and Twitter). He's a young guy who got involved in housing politics in Berkeley back in high school and is studying data analytics. The blog has real data analysis of housing issues, not just polemics or the latest gossip (though there is a bit of that).
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