though, and im not going to say the trend is good, census data doesn't count ADUs, which california (basically only them) is using to supplement their housing production
While that is true. The downside for the USA as a whole is that this is just another wealth transfer mechanism. For most Americans historically, the equity in their home is the biggest asset they have. If we are all renters, who’s gaining equity. The already rich. So once again the $$$ trickles up
It would be to nice to see a more detailed break, in particular, what fraction of the cost is the cost of land (which will be very high in a city) and high-density housing alleviates
Probably didn't have to do with NIMBYs. That was a once in a generation housing crash that caused a lot of real estate businesses to go under for better or worse
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And even then, California still puts the UK to shame lmfao
I guess what I am getting at, is why did other states recover construction capabilities but California didn’t?