Marxist, communists and socialists don’t need homes. They can sleep in their vans.
Who did they vote for?
As a quality engineer, I sometimes explained to non-engineers that my job often basically involved me acting like a toddler. You know, at the stage where they follow someone around asking "Why?" over and over again to every response. :-)
If one does “5 why’s” on house prices but doesn’t hit on immigration as part of it, then like the author of this article, they are part of the problem.
That's backwards. How can wages possibly keep up with housing prices that are kept artificially high?
Just for fun, I looked up the modest house that I grew up in, in Sonoma County, CA. Modest... 3 bedrooms, 1 bath, small kitchen, living/dining room, 2112 square feet. My stepdad built it in 1957. Its estimated worth is around $1 million. Which is ridiculous. My bigger and newer house in Texas is "only" worth about $330K.
Sadly, what is lacking among so many Californians is a basic understanding of supply and demand. They vote for policies that prevent construction of new housing at the same time they vote for policies that try to force builders to build "affordable" housing. So, what do they actually want?
It's a sad situation. I would love to go back to California, but the CA of today is not the CA where I grew up.
I laugh out loud every time I see one of these commercials promoting apps that tell you that you are paying for subscriptions that you did not know you had.
Who raises a kid that needs an app to tell him he is paying for stuff he didn’t realize he was paying for?
As a seventy-something I review transactions made on my bank card every time I log into to my bank account and there are never any surprises.
How hard is that?
I grew up in So.CA, Lived in the Seattle area for 20 some years , and now live in Hawaii( for the last 25 years)
I understand expensive real estate!
The problem is not “forced” affordable housing,
it is government. They won’t allow use
of open land.
Government run by mostly Democrats.
They want everyone to live in Prison like conditions.
as opposed to letting us be free,
I don’t want to wait for bus to go to the store I want to go there when I want to go there!
even if the store is 3 miles away.
As an adult in CA I did 140 miles per day just for work.
In WA State I did about 60,000 miles per year work and recreational commuting in MY car!. In Hawaii my wife and I
do about 15,000 miles per year as we can’t stand waiting for a broken bus.
What is my point? I lived in areas, I could afford, they all required a long commute.
Democrats want a 15 minute walk or bike ride to where
you shop, work, go to school, or recreate in the politically
correct way.
Give people options, they are very innovative,
Democrats are NOT!
I’ll stick to my 5 Acres, with animals, fruit trees and a real garden and a drive to the store over an Apartment and taking a bus any day.
move
When you have the best weather in the world, 1.25 % property taxes, no hurricanes, very few tornadoes, no fire ants, no chiggers, and rich people from all over the world come here and buy homes, the value goes up much faster!
Yes. As a Nation and Civilization itself, WE are “Dying from Complexity”.
The stupid Internet and the networks that make it work have totally strangled the last hope for sanity.
The gatekeepers are totally clueless.
If I am correct, none of the replacement homes would be eligible for grandfathered property taxes. Nor would they bypass the undoubtedly lengthy license/permit process. Couple that then with enormous insurance costs for the home you’re talking APARTMENTS to replace all those single family homes.
Too many illegals?
Wait a minute
The example couple make 270,000 annual
That’s 22,500 PER MONTH.
their current rent is 2,500 per month. About 10% of their monthly net.
They cannot afford a mortgage?
When you drive around California, you can easily notice huge swaths of empty spaces, right next to crowded cities.
They could be easily developed and the prices of CA real estate will go town to reasonable levels.
Why they do not do that? Politics!
“Four-year-old Jerrik’s toy monster trucks are everywhere”
If they’re on the 2nd floor, I shudder to think what that would sound like to any downstairs neighbor.
$270K per year is a lot of money. How much have they saved up for a down payment?
One of the advantages of being a professional, i.e. a chiropractor, or a dental hygienist, is that you can get a job anywhere. These two should give a serious look at many states where they might not earn as much, but could afford a nice home nonetheless.
We have plenty of land. The democrats block new home building.
Look at what they will do for the Pacific Palisades and Eaton area where approx. 17,000 homes were destroyed. They will slow walk any rebuilding and raise the costs.