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by pitaj 2574 days ago
> Wages are too low.

Compared to costs

We know mainly why costs are too high in the Bay Area, and it's mostly housing. Which is a solvable problem, if only the market was able to expand housing supply.

1 comments

> if only the market was able to expand housing supply.

If only.. there was more land. Building houses is not the bottleneck. Land is. You'd have to create a 'second floor' of land to mitigate the problem.

> You'd have to create a 'second floor' of land to mitigate the problem

Or -- stay with me on this -- allow a 'second floor' on top of the current single-floor buildings.

Seriously, NIMBY zoning that doesn't allow for higher-density 5-6-floor townhouse-style development is the issue.