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Not really "a lot of people" so much as economic leftists, who are a minority in real life but disproportionately represented on BlueSky. They tend to hate the rich more than they love the poor.

“The number of construction firms peaked at 896,000 in the third quarter of 2007, and bottomed out at 738,000—a figure that was not reached until the first quarter of 2013.”

thanks for sharing btw, not in cali, you just popped up on the feed.

i mean, this was vetoed, but i don't mind conceding in part. looks like there's a newer version in committee too, AB-11. shout out alex lee. maybe delaying for after newsom's out in the hopes of not getting vetoed? cool stuff. wouldn't class this as standard u.s. liberal moves though, honestly.

Everybody should make exactly one of their products to maximize profits

Ok, but there's a lot of anti-capitalist people who need to get on board with that definition

This

no, im not saying we need to dismantle capitalism and make housing development public. if that's what the other poster is saying.

i am literally making this point to local electeds. Rent control bad, tenant support good, progressive income tax to fund rent relief directly (pay someones rent who is in need) is equitable

And it's made things a lot shittier because my wife has family there and AirBnBs are a lot more expensive when we visit. There's a way to do this without enshittifying services people actually use. Build more housing.

My point is that a model of housing stock that doesn't take into account housing that is lost from the housing stock doesn't accurately reflect what is going on. If we want to increase housing stock, then that is about maintaining existing housing as residences as well as adding new housing.

We have to look at comparables and the relative change. Plus there are confounding variables which makes any causation analysis arguably speculative. Sorry I should pull the data but won't get to that timely unfortunately.

Precisely. What we tax and how we tax it matters!

Or start a nonprofit to build the affordable housing they say it's so easy to do

i yearn for the day when we decide it's good to pay taxes, and it's good for rich people to pay more taxes. rich people are acting so weird because no one wants to make them pay taxes.

For some reason, homeowners doing absolutely nothing to make tons of money due to low supply is not as tough a pill for left NIMBYs to swallow

It’s actually great when people can make money doing things that benefit society.