If the owner of a single-family home rented to an immigrant family of six kicks them all out to put the house on the market for sale, and then a rich family of two empty-nesters buys it, the population of that lot has dropped by two-thirds. So clearly it doesn’t need any more housing.
Reposted from
Senator Scott Wiener
There’s a narrative that because California experienced a small population loss — which is now turning around — that means we don’t need to build new homes.
False.
California dug a big hole for decades & has a huge housing shortage. Prices are higher than 5 years ago.
We need many more homes.
False.
California dug a big hole for decades & has a huge housing shortage. Prices are higher than 5 years ago.
We need many more homes.
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