California’s Bay Area, home to major tech companies, is among the most expensive housing markets in the country. There is a divide over how to address the affordable housing crisis, and whether denser housing options, which are restricted by zoning laws, could help.
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#NightlyNews #HousingCrisis #California
Goodbye to suburbs… The places are so expensive because of Democrat spending. "Greater Good"= Communism.
Obey the law and DEPORT the 40 MILLION illegal aliens…..Housing crisis over. Trash like Pelosi and Newsom have manufactured every crisis we face today….housing crisis, C-19 crisis, water crisis, power crisis, supply chain crisis, job crisis. If they get to perpetrate bans on R-1 zoning, every place in the state will become a h3llhole. Try living in high density housing areas. When you come home from work or grocery store, you have to drive around for an hour to find a place to park, often forcing you to carry all your groceries 2 – 3 blocks to your unit. Kaliforniastan is already unable to support its current population. What do you think will happen when they pack the entire latin-american hemisphere into one over crowded state? FOAD, Gayvin.
This is why I moved to buy a detached home with a good-sized lot six years ago. Get these properties while you still can!
I wanna see 3-6 story condos with some having local shops on the bottom. Whats wrong with that?
Why don't you stop foreign investment and purchase of US residential property? Oh wait am I not supposed to mention that?
Now do a story about crappy neighbors and rapists who live in the some complex as you.
People be like "but i dont wanna skyscrapers!" No fam. It's not even skyscrapers. We're literally asking for buildings that's not even 10 stories high. We only want housing to be reached by the average workers, we only want to be able to go do groceries without needing a car. We just want to be able to bike through the streets without bothering drivers. We just want to be able to go to work at downtown, see our family at the coty nextdoor, and feast in the near chinatown without even stepping on a car because there's affordable transit.
We want an America where people can freely live in a detached house, a condo, a rowhouse, an apartment, a duplex, a triplex, and other variety of houses that fit our needs. We want an America where people can freely choose how they go to places they need to go and not just stuck with the option of riding a big clunck of steel with wheels. We want an America where people can have the freedom of being able to be close to what they need without having to cross a 6 lane Stroads, driving an overly expensive car, or fearing to die from a crash.
We want a free America, that gives their people the freedom to live comfortably.
C'mon guys, we always say that we're the best at stuff. Now, we don't wanna to lose to the europeans do we?
Let's show them we can compete with them and be the best country in the world that we always said we do.
Now, in Housing Options, walkable neigborhoods, and Transit Options.
Although coming up with a single family zoning was racist of Berkeley to do in the early 1900, it was no different from the kind of stuff going on in the US in those days . There are clauses in the San Francisco neighborhoods which prohibited sale of properties to Asians, Blacks and JEWS in those days. And let's not forget the Chinese Exclusion Act of 1892 .
What the mayor of Berkeley did not tell us was that for years the city resisted increasing development of their city, it was the developers who wanted denser housing but not Berkeley residents because the traffic, water, sewage just won't handle more people , this is after all a university town and UC is always expanding.
This passed. It’s official, single family zoning is gone in CA. Nobody is talking about the unprecedented opportunity this creates to build wealth if you live in CA. My first property was a duplex that I lived in and rented out the other unit. Buy a house, build a duplex in the backyard. Let it pay your mortgage. Buy another house, repeat.
I find this hard to beleive
Did that guy just say that supply will never influence demand? 😂
The plan is to flood every white neighborhood with hood joggers.
Democrats view joggers as a bioweapon.
Jessie wont be moving in a apartment.
Great. You'll end up with the same problems you left in the city.
How about people stop having so many children
The united states a BIG country why don't people just MOVE
Packum and stackum.
6 million trump voters in California why did you not show up to recall a very stupid man
How about affordable rent?
They will be driving up prices
The real problem is minimum parking requirements. If you remove this you'll get more human spaces built. Buildings instead of parking lots and parking structures, taller buildings as developers are no longer constrained by the need to provide parking per floor, more walkable neighborhoods, less need for car infrastructure.
I just like most people just want a rowhouse or a condo in a nice low or mid rise structure. I hate having to do yard maintenance and my kids prefer public green spaces or inside playing on their ps4 console. The sweet middle is missing.
This is going to sound strange but it might actually be time to stop job growth in some spots… Its a crazy idea but what cost dose it come to is the city going to pay those home owners the cost to move so their block of 50 families can become a block of 1000 families… Why not recommend new companies to move down the road to areas that need the job growth and population boost…
Baby boom-era generations in the past were spoiled rotten with low-priced single family homes on seemingly-endless swaths of land as the nation suburbanized. Now that supply is reaching its limits, and unless these 1950s-era zoning restrictions are reversed, people will be priced out of their hometowns, home prices will continue to skyrocket out of control to where they're being used as investments rather than necessity, and the homeless problem will grow even worse. Getting rid of single-family zoning won't solve the affordability crisis overnight, but it's a start.
Build high rise. Obviously.
This idea started during Obama’s presidency, just another attack on family values and hope for a better life.
Framing this as a good thing, for American families is hilarious. Large Investment firms are going to buy single family houses, sub divide them, and rent them back at huge markups. This is just going to make the rich richer, and cancel private home ownership. Thanks democrats!!!! I love how they are using racism to sell this. LOL What a hustle.
Democrats are allowing 200,000 illegals a month cross our southern border. Their houses should be the first to be occupied.
Affordable housing is not possible with high taxation state.. To mention, price of commodity, lumber and building materials, wages of worker to build house and combine with high property tax all together.. Its ignorant to say its all about supply and demand, you have to look at the entire picture whats driving this high cost
nope
If you can't afford to live in the Bay Area then move. And Big Tech needs to spread its offices out across the country instead of concentrating everything in such a small area.
California's BIGGEST PROBLEM is overpopulation.
Another Democrat plan to corral all the people, please don’t fall for this nonsense.
If you think single family homes are not ecologically sustainable, Dense housing is not emotionally or psychologically sustainable, People are not supposed to live like sardines. Bad. Cramming people into small spaces is not even necessary. A home with grass may require water, but is 10 degrees cooler than concrete monstrosities and absorbs water instead of runoff wasted. This agenda to smash people together for affordability and " the environment" is a hideous plan to disenfranchise single(not corporate)home owners and the opportunity to build equity. Renters get nothing and are subject to enormous increases in rent as we are seeing . Homes go up in price too but at least the owner gets appreciation. Only the corporations that own rental properties and sell them multiple times see the profit while the new owner increases rent to cover the purchase. Yes there are advantages of not being responsible for the property you live in but you have nothing. The mantra globally is "you will own nothing and be happy" Notice they only say YOU…not WE ALL. I cannot see zukerberg or bezos with nothing..they will own everything.