[greenie_beans]

what about the massive amount of housing starts that dropped off after the financial crisis and took a while to recover, and never got back to the same level? that seems like a big part of the problem too. https://fred.stlouisfed.org/series/HOUST

[zbrozek]

How many of those are in California?

[greenie_beans]

idk, i'm curious but ain't got time to look for that. you should look it up if you're curious, or are you trying to make a point?

[zbrozek]

The article is about California and I would suspect that relatively few entitled projects are abandoned there. If you know where to get the relevant data, please share.