If you’re looking to block new development, drive up the cost of housing, and appear “progressive” all at the same time, one generally effective technique is to do it under the guise of historic preservation. San Francisco is really good at this, as are many… Read More
All posts tagged “california”
Turquoise for autonomy
One of the realities that we will have to face in, oh I don’t know, 5 or so years, is that there will be a mixture of different cars on the road. Some will operate with drivers. And some will operate with no drivers. Assuming… Read More
Silicon Valley wants to build a new city about 60 miles northeast of San Francisco
We talk a lot about housing supply on this blog. And most of the time it is about creating more and better infill housing, In other words, housing that leverages existing infrastructure and uses previously developed land as efficiently possible. But I suppose there are… Read More
Income migration across the US between 2020-2021
Between 2020 and 2021, so right when the pandemic hit, Manhattan alone lost $16 billion of federally-taxable income, according to this recent study by Economic Innovation Group. And San Francisco saw net migration that reduced its federal income tax base by more than $8 billion.… Read More
California has a plan for 2 million new homes
On July 1 of this year, a new California bill, called the “Affordable Housing and High Road Jobs Act of 2022”, will go into effect. And the goal of this legislation is to significantly increase the supply of new homes in the state by allowing… Read More
A place for everything
Housing is expensive in California: In 2021, San Jose had the least affordable housing among the 92 major US housing markets, with a median multiple of 12.6. San Francisco had a median multiple of 11.8, Los Angeles was at 10.7, followed by San Diego, at… Read More
California is set to ban gasoline cars by 2035
According to this recent New York Times article, California is set to put into effect a new mandate that would require 100% of passenger vehicle sales in the state to be fully electric by 2035. Included within this mandate are also interim targets: 35% of… Read More
Income vs. wealth in California’s housing market
Here is a chart from MetroSight that compares housing tenure in California in 2000 and then between 2015-2019: Two things you might notice immediately are that the number of renter-occupied households has generally increased and that the number of owner-occupied households without a mortgage (i.e.… Read More
Artificially low property taxes
A blog reader responded to yesterday’s post about rent controls (and inclusionary zoning) with an excellent point: If you’re against rent controls, then you must also be against artificially low property taxes for homeowners. And I would agree with this. One of the points I… Read More
I was here first
Connor Dougherty published this thoughtful piece about NIMBYs over the weekend in the New York Times. And it has been making the rounds online ever since. It is thoughtful in that Connor tries to understand what makes NIMBYs tick. And he does this by interviewing… Read More