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by swsdsailor 1030 days ago
This comes up so much it's like a pathological condition. If the voting population want's more houses the solution is not to tax people out of their homes - that just swaps house occupants - the solution is to build more houses. There is plenty of land and room to do this, but the GOVERNMENT - again the ~GOVERNMENT~ implements restrictions on the building process. The restrictions are so onerous in CA that new properties are expensive. You want more houses, scale back the government control over building and building costs. Easy.
1 comments

Taxing people out of their homes would help resolve the problem because homes in prime areas for development are often held for an extremely long time, especially in California, due to distortionary tax incentives.

This is politically impossible to say because it usually amounts to pricing out old people from places that could use an apartment building.

The main thing requires zoning reform, agreed - but higher land taxes would absolutely help.