One of the biggest obstacles to building new housing in California has now vanished (calmatters.org)

submitted 2 months ago by [email protected] to c/[email protected]

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[-] [email protected] 5 points 2 months ago

We're fucking doomed, if this is the only solution we could come up with.

[+] [email protected] 4 points 2 months ago* (last edited 2 months ago)

[deleted]

[-] [email protected] 3 points 2 months ago

So...unregulated Capitalism to the rescue, then? You know that's not actually going to solve the affordability problem...right? You're just going to have a lot more, really expensive housing, that only the wealthy can afford...and a fucked up environmental mess to clean up, on top of that.

[+] [email protected] 4 points 2 months ago* (last edited 2 months ago)

[deleted]

[-] [email protected] -1 points 2 months ago

The housing crisis is a supply and demand problem.

No. It isn't. Not in any practical sense of the concept, anyway.

The only way real estate would be subject to the rules of supply and demand, is if you could find a way to build so many new properties, that demand was overshot to the point that you literally could not sell your property for any asking prices. Only then would people be forced to lower that price. That is an impossible goal.

Real estate will only get cheaper by regulating the price. It needs to be treated as a regulated commodity, and sold for an agreed upon asking price. Allowing the market to dictate that price, will always lead to a lack of affordability, regardless of supply.

[-] [email protected] 1 points 2 months ago

Good now the yimbys and the "abundance" guys can shut up. Hopefully now they'll see any of these quick fixes and "cutting the red tape" won't meaningfully effect the housing supply and we can start to realize letting the developers do whatever they want won't solve this crisis.

this post was submitted on 01 Jul 2025

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