[smsm42]

> In my 4 years at Santa Cruz I was not aware of one low-rent housing development being built.

So, there's a huge demand for housing for rent. But no housing is getting built. Does Santa Cruz have a Tokyo-level population density and there's literally nowhere to put more housing? Doesn't look like it last time I was there. Do hitech companies somehow use their nefarious influence to prevent housing from being built because they know how their workers enjoy long commutes in heavy traffic? Doesn't sound likely to me. So why there's no housing being built? Somehow I don't think it's Netflix's fault...

[Danieru]

FYI, Tokyo has tons of room to put more housing. Just knock over the old un-attractive houses and build something builder.

Anyone complaining how no new low market housing has been built is wishing for a short cut. California has strangled their housing supply for so long there is unmet demand at every market level. To somehow expect development to sneak through at the low end is silly.

Houses and apartments start new then get older. Older things are less valuable and thus naturally low end housing is best met by old less desired housing.

Wishing to see new development first happen at the low end before saturating the high end is like wishing car makers built brand new cars for the used car market.

[zamfi]

> Wishing to see new development first happen at the low end before saturating the high end

Development is basically not happening at any end, low-, high-, or middle-!

This is also not the fault of Netflix, et al.

[oehtXRwMkIs]

Why Tokyo? I'm not sure if you used it as an extreme example of density (because it's not), if it's the combination of density and lack of housing (which it's not a good example of), or some other reason.

[smsm42]

No special reason, just an example of a large pretty dense city.