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We’reTexas

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  1. Oh, I think we are in complete agreement. Prices will not decrease in the long term. They obviously shouldn’t. But they should not rise - and given the OP’s article, I’m referring to California - as astronomically as they had been over the past 15 years. I live in San Francisco. It’s basically an existential issue. No one deserves to live here, but I don’t like having my daughter’s elementary school close and paying firefighters $200k to drive in two hours from Gilroy.
  2. It’s definitely an unspoken problem in the housing debate. YIMBYs took control of the narrative in CA, NY, etc with “Housing supply goes up, rent goes down!”, and while supply shock has had successful short term cases (Austin, Minneapolis) but the reality is the best case scenario is to open up supply to put downward pressure on pricing while trying to address the demand side through increased progressive taxation. But that’s not nearly as catchy as “Freeze the rent!”. It’s difficult, but, like climate change, still in my view worth fighting for. And the private market is best positioned to provide supply. With 100% affordable projects costing well over $1M per unit in VHCOL cities, no state government can feasibly spend its way entirely out of this.
  3. While I share your pessimism for the Sisyphean task of addressing California’s housing crisis, I note, for the sake of arguing on an internet message board on a slow Friday, that the entire point of the article is about the state’s decision in 2022 to actually begin enforcing housing elements (ie, the builder’s remedy) and subsequent legislation to chip away at CEQA.
  4. That’s exactly what we are working on! This summer was a huge one for CEQA reform in Sacramento. I actually think project in question in the article was the result of legislation giving the builder’s remedy teeth through CEQA streamlining.
  5. You are wrong. The “induced demand” theory of housing supply has been repeatedly debunked. Supply benefits ultimately outweigh any localized induced demand (Meta study on the subject ). That’s the first thing you do, because in California the Bay Area and Southern California have stymied housing production for almost 50 years. And with regards to the “Dream For All” plan - subsidizing demand just further increases prices. And in any event funding for that program was oversubscribed, like, immediately.
  6. Finally finished it and does a diplomatic job of conveying the absolute insanity of California housing politics, but he was too gentle.
  7. Conor Dougherty has done fantastic work covering the housing crisis (highly recommend his book, “Golden Gates”). Also this piece:
  8. What was interesting was the emergence of progressives embracing YIMBY rhetoric (NYC, Seattle and LA off the top of my head) and its seeming success as a political platform (Minneapolis with the notable traditional left NIMBY failure).
  9. I’ve noticed they’ve become more aggressive, and apparently it’s a thing.
  10. They are pretty much all I take now if I can help it. Highways will be great but airports will be the game changer.
  11. California cool kids, IMO. Seriously, these are aging well.
  12. That’s the new Melissa Martin concept, right? Totally forgot about. Damn, holiday dining list is getting full.
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