Recently we’ve been talking about California’s Proposition 13 and how it may be creating a disincentive for longtime homeowners to move. They’re enjoying below market property taxes, and so they stay put, even if they may have too much house. But this concept of “overhousing” isn’t… Read More
I was out for drinks recently with a friend of mine who is a developer in California and she mentioned a few things to me that I thought were really interesting. First, she talked about how virtually nothing gets built in the Bay Area “as of… Read More
I am a big fan of Malcolm Gladwell, and not just because he’s Canadian and went to the University of Toronto (my alma mater), although those facts certainly don’t hurt. I’m late to his podcast, Revisionist History, so in case some of you are as… Read More
