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In large and growing metro areas, there has been an undersupply of housing. particularly in cities, i know, you know, affordable rental units particularly, but generally, supply has not expanded as much as it should, that pushes up prices. that s a structural issue. but what has happened in the past few months no make this happen now? because it seems to acute, so specific, and so sharp. it s not really the past few months. we ve been underbuilding, as you showed in your chart, for many years, because after the great housing crash, the subprime mortgage crisis when the builders just got slammed, they pulled back. they didn t want to build anything over than what they thought they could sell. they ve been slowly, very slowly, climbing back. you ask the question, if there s so much demand and builders are getting such demand, why aren t they building as many houses as they possibly can? go back to supply issues, labor issues, land issues, material costs. they cannot build the types of ....
Quote, sb9 essentially ends single family zoning. property owners now have the state s approval to convert any single family home in the state of california into a 4-unit apartment complex. how is this improving anyone s life? it won t. it means demolishing homes to put up rental units. at the behest of his donors gavin newsom is turning the state of california into a swamp. it s not just happening in california. recently oregon passed a statewide ban on single family zoning. this is insane. cities like minneapolis and sacramento have begun to to allow multifamily dwellings on single family lots. crowding a problem, anyone think? only the government of china, by the way, appears to be doing anything to raven in real estate developers. housing should be living and not for speculation said the president of china. woo hate to quote the president of china, but in this case he is right one of the largest and most leveraged real estate companies in the world is ....
California s suburbs. as the new york times put it, quote, sb9 essentially ends single family zoning. property owners now have the state s approval to convert any single family home in the state of california into a 4-unit apartment complex. how is this improving anyone s life? it won t. it means demolishing homes to put up rental units. at the behest of his donors gavin newsom is turning the state of california into a swamp. it s not just happening in california. recently oregon passed a statewide ban on single family zoning. this is insane. cities like minneapolis and sacramento have begun to to allow multifamily dwellings on single family lots. crowding a problem, anyone think? only the government of china, by the way, appears to be doing anything to reign in real estate developers. housing should be living and not for speculation said the president of china. woo hate to quote the president of china, but in this case he is right one of the largest and ....