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Santa Cruz is a Housing Nightmare

darrellowens.substack.com

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Re: Santa Cruz is a Housing Nightmare

#2
Santa Cruz is a tiny dot of land between the mountains and ocean. The only crisis is in overpopulation, brought about by the tiered UC/CSU credentialism.

Does anyone really think UCSC provides a better undergrad education than the average CSU? They literally have the exact same state mandated curriculum. But FAANG will hire someone with a UC degree over a CSU, thus the system is overflowing.

Re: Santa Cruz is a Housing Nightmare

#3
Sounds like looking for a place in Dublin/Berlin except instead of 24 applicant in 24 hours, a Berlin apartment gets like 200 applicants.

Also in the Netherlands, several collage towns have students sleep in tents and container buildings or with university staff.

Re: Santa Cruz is a Housing Nightmare

#4
post #2

Santa Cruz is a tiny dot of land between the mountains and ocean. The only crisis is in overpopulation, brought about by the tiered UC/CSU credentialism. Does anyone really think UCSC provides a better undergrad education than the average CSU? They literally have the exact same state mandated curriculum. But FAANG will hire someone with a UC degree over a CSU, thus the system is overflowing.

>Santa Cruz is a tiny dot of land between the mountains and ocean

Which is probably why so many people want to live there in the first place. Just like Vancouver or other such vibrant cities with great nature, pretty views and many amenities.

Re: Santa Cruz is a Housing Nightmare

#5
The thing I read in there that was disappointing was the administration response. However it is a state school so I imagine they don't have the same funding for development of housing on site / not to mention they are located between the SC mountains / protected forest and the ocean. It's a small area without much development space and that land is at a premium.

Feel for the students though.

Re: Santa Cruz is a Housing Nightmare

#6

Sounds like looking for a place in Dublin/Berlin except instead of 24 applicant in 24 hours, a Berlin apartment gets like 200 applicants. Also in the Netherlands, several collage towns have students sleep in tents and container buildings or with university staff.

https://www.tandfonline.com/doi/full/10.1080/19491247.2022.2...

Relevant:

Supply side effects of the Berlin rent freeze

Abstract - We find rent decreases accompanied by decreases in supply five times as large. We further investigate spillover effects on the purchase market, regionally heterogeneous effects as well as different effects by dwelling characteristics. We find the rent freeze did not have spillover effects on dwellings for sale which point to a ‘wait-and-see-attitude’ on the investors’ side. We make use of a rich dataset of real estate advertisements and employ hedonic difference-in-difference and triple-difference estimation strategies.

Re: Santa Cruz is a Housing Nightmare

#7
post #2

Santa Cruz is a tiny dot of land between the mountains and ocean. The only crisis is in overpopulation, brought about by the tiered UC/CSU credentialism. Does anyone really think UCSC provides a better undergrad education than the average CSU? They literally have the exact same state mandated curriculum. But FAANG will hire someone with a UC degree over a CSU, thus the system is overflowing.

>Santa Cruz is a tiny dot of land between the mountains and ocean Which is probably why so many people want to live there in the first place. Just like Vancouver or other such vibrant cities with great nature, pretty views and many amenities.

yeah, article sounds like my experience trying to rent in Kits a few years ago.

Re: Santa Cruz is a Housing Nightmare

#8
post #2

Santa Cruz is a tiny dot of land between the mountains and ocean. The only crisis is in overpopulation, brought about by the tiered UC/CSU credentialism. Does anyone really think UCSC provides a better undergrad education than the average CSU? They literally have the exact same state mandated curriculum. But FAANG will hire someone with a UC degree over a CSU, thus the system is overflowing.

>Santa Cruz is a tiny dot of land between the mountains and ocean Which is probably why so many people want to live there in the first place. Just like Vancouver or other such vibrant cities with great nature, pretty views and many amenities.

Santa Cruz is small. Vancouver is a large with significant land. Very different except they are both on the west coast.

Re: Santa Cruz is a Housing Nightmare

#9
post #2

Santa Cruz is a tiny dot of land between the mountains and ocean. The only crisis is in overpopulation, brought about by the tiered UC/CSU credentialism. Does anyone really think UCSC provides a better undergrad education than the average CSU? They literally have the exact same state mandated curriculum. But FAANG will hire someone with a UC degree over a CSU, thus the system is overflowing.

As someone who went to a CSU and works at a FAANG, I don't really agree about the credentialism thing, but I do agree about the overpopulation thing.

The only real solution IMO is just to build more housing in California. For that to happen though, we need increased density which requires relaxed zoning, but NIMBY's want to preserve their city in its exact state forever, so we end up with this craziness.

Re: Santa Cruz is a Housing Nightmare

#10
post #2

Santa Cruz is a tiny dot of land between the mountains and ocean. The only crisis is in overpopulation, brought about by the tiered UC/CSU credentialism. Does anyone really think UCSC provides a better undergrad education than the average CSU? They literally have the exact same state mandated curriculum. But FAANG will hire someone with a UC degree over a CSU, thus the system is overflowing.

I'm sympathetic to this viewpoint, but (a) Boomers aren't dying quickly enough and (b) we're talking about student housing. A litter fewer than 20k students attend UCSC:

https://www.ucsc.edu/about/facts-figures.html

Which suggests UCSC should either cut enrollment or build housing. They have suitable land for the latter. If they can't build housing due to legal restrictions, they could cut enrollment. Those are the realistic options.

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