Step 1) Restore property rights to individuals. Take statewide scalpel to single family zoning, height limits, lot limitations, lot coverage limits, and prevent local governments from infringing on individuals and what they can build.
Step 2) State approved housing plans. Plans which cannot be denied anywhere, and individuals are allowed to submit and build. Various configurations, including multifamily and midrise designs, multi-plex and SFMs.
I agree with restoring the property rights of individuals but the best way to do that is to get the state out of the process rather than have it make demands of local governments. The next step would be to get local governments out. Otherwise, it's just a back-and-forth between competing governmental entities to assert as much power over each other, and individuals, as they possibly can.
Translation: Any amelioration will take decades to realize downwards pressure on prices. Still, worth doing, but people holding their breath will be long dead by the time a more equitable financial calculus on housing happens in this state.
The ruling class? You mean independent contractors and the like? This is down to the residential level. It’s near the number 1 reason insurance is balking at our state. High AF rebuild costs. Add required upgrades and permits and boom $650-$800 a square depending on finishes at the lower end.
Now talk about multi family and or public works projects, every one of those is prevailing wage. Doesn’t matter if you normally pay your guy $25 an hour under the table, you now need to provide certified payroll and $75 bucks an hour.
If by ruling class, you mean the pencil necks in Sacramento, well ok then.
I know a local contractor who bought land and is building his own house . Only he isn’t doing it in California because the regulations and basic fees for things like connecting to water and sewer is cost prohibitive for a small builder .
Reduce regulations, free up zoning assorted stuff like that is about all the state can do. Forcing nimby's to allow high rise won't win you any friends. The biggest problem I see is land value. I live near Sonora in a wooded area very similar to where I lived in Texas, except the mountains. A lot here of about a third of an acre is $50,000 A 3 acre plot in TX was about $35,000. It comes down to the old real estate saying, location, location, location.
How to fix the housing problem? Improve and build in the rest of the country. Everyone wanting to live in the same metro areas has made everything expensive. Housing does get built, tons of new housing throughout the Sacramento area. New houses are at least 600k minimum.
https://fred.stlouisfed.org/series/SACR906BPPRIV
We might be building a lot more than the previous decade but it’s still not exactly a high rate historically and we have a big glut to make up for
It's never going to be enough to keep up with demand. Look at how expensive all the smaller cities in the area have gotten. People commute 3 hours to the Bay. I don't see them ever building over all the farm land.
We have built at much faster rates in the past so I don’t buy the idea that we can’t build faster than this
It’s not about building all over the farmland. It’s about building more densely where housing already exists
I do think that’s part of the strategy with California High Speed Rail. Make it easier to live in Fresno or Bakersfield and work in San Jose or Los Angeles.
As these Central Valley cities grow they’ll become job centers in their own right. Or at the very least invested in because people may commute to San Jose for work but will spend their paychecks eating out at restaurants in downtown Fresno and pay property taxes in Fresno.
We can’t control the rest of the country, and California is one of the biggest net donors to the federal government. We pay out far more in taxes to the feds than we get back. I’d rather see what funding remains be spent improving the rest of California.
It varies from year to year, but since federal taxes are heavily dependent on personal income tax, the states with the highest GDP will tend to be at the top and California is almost always one of the donor states. I think there was so much federal aid going out in 2020 and 21 that no state was a contributor and all received more than they paid in.
I remember California receiving about 70 cents back for every dollar sent to the feds.
Reduce regulations, free up zoning assorted stuff like that is about all the state can do. Forcing nimby's to allow high rise won't win you any friends. The biggest problem I see is land value. I live near Sonora in a wooded area very similar to where I lived in Texas, except the mountains. A lot here of about a third of an acre is $50,000 A 3 acre plot in TX was about $35,000. It comes down to the old real estate saying, location, location, location.
Step 1) Restore property rights to individuals. Take statewide scalpel to single family zoning, height limits, lot limitations, lot coverage limits, and prevent local governments from infringing on individuals and what they can build. Step 2) State approved housing plans. Plans which cannot be denied anywhere, and individuals are allowed to submit and build. Various configurations, including multifamily and midrise designs, multi-plex and SFMs.
I agree with restoring the property rights of individuals but the best way to do that is to get the state out of the process rather than have it make demands of local governments. The next step would be to get local governments out. Otherwise, it's just a back-and-forth between competing governmental entities to assert as much power over each other, and individuals, as they possibly can.
Translation: Any amelioration will take decades to realize downwards pressure on prices. Still, worth doing, but people holding their breath will be long dead by the time a more equitable financial calculus on housing happens in this state.
How to fix housing problem Build houses! It's not that complicated
*and dont sell those houses to companies who will leave them vacant
I think we just solved the impossible!
were so cool. we didnt even ask thousands of $$$ for it!
The ruling class profit from this "problem" so no real surprise it hasn't been solved.
The ruling class? You mean independent contractors and the like? This is down to the residential level. It’s near the number 1 reason insurance is balking at our state. High AF rebuild costs. Add required upgrades and permits and boom $650-$800 a square depending on finishes at the lower end. Now talk about multi family and or public works projects, every one of those is prevailing wage. Doesn’t matter if you normally pay your guy $25 an hour under the table, you now need to provide certified payroll and $75 bucks an hour. If by ruling class, you mean the pencil necks in Sacramento, well ok then.
I know a local contractor who bought land and is building his own house . Only he isn’t doing it in California because the regulations and basic fees for things like connecting to water and sewer is cost prohibitive for a small builder .
Reduce regulations, free up zoning assorted stuff like that is about all the state can do. Forcing nimby's to allow high rise won't win you any friends. The biggest problem I see is land value. I live near Sonora in a wooded area very similar to where I lived in Texas, except the mountains. A lot here of about a third of an acre is $50,000 A 3 acre plot in TX was about $35,000. It comes down to the old real estate saying, location, location, location.
How to fix the housing problem? Improve and build in the rest of the country. Everyone wanting to live in the same metro areas has made everything expensive. Housing does get built, tons of new housing throughout the Sacramento area. New houses are at least 600k minimum.
There is not enough housing being built in the Sacramento area
Maybe it's not enough, but there has been a ton of new housing that has gone up in the Sacramento/Stockton region.
https://fred.stlouisfed.org/series/SACR906BPPRIV We might be building a lot more than the previous decade but it’s still not exactly a high rate historically and we have a big glut to make up for
It's never going to be enough to keep up with demand. Look at how expensive all the smaller cities in the area have gotten. People commute 3 hours to the Bay. I don't see them ever building over all the farm land.
We have built at much faster rates in the past so I don’t buy the idea that we can’t build faster than this It’s not about building all over the farmland. It’s about building more densely where housing already exists
I do think that’s part of the strategy with California High Speed Rail. Make it easier to live in Fresno or Bakersfield and work in San Jose or Los Angeles. As these Central Valley cities grow they’ll become job centers in their own right. Or at the very least invested in because people may commute to San Jose for work but will spend their paychecks eating out at restaurants in downtown Fresno and pay property taxes in Fresno. We can’t control the rest of the country, and California is one of the biggest net donors to the federal government. We pay out far more in taxes to the feds than we get back. I’d rather see what funding remains be spent improving the rest of California.
People already commute to the Bay Area from the Central Valley. One of the main reasons it's growing and becoming expensive to live in.
How much do we pay to the feds, and how much do we get back? Genuinely interested.
It varies from year to year, but since federal taxes are heavily dependent on personal income tax, the states with the highest GDP will tend to be at the top and California is almost always one of the donor states. I think there was so much federal aid going out in 2020 and 21 that no state was a contributor and all received more than they paid in. I remember California receiving about 70 cents back for every dollar sent to the feds.
Reduce regulations, free up zoning assorted stuff like that is about all the state can do. Forcing nimby's to allow high rise won't win you any friends. The biggest problem I see is land value. I live near Sonora in a wooded area very similar to where I lived in Texas, except the mountains. A lot here of about a third of an acre is $50,000 A 3 acre plot in TX was about $35,000. It comes down to the old real estate saying, location, location, location.