Housing crisis?

By Mark Fernwood

“Housing Crisis” Myth

The left has been pushing onerous laws to densify suburbia. Local zoning control has been stolen with such new laws as SB9 & SB10. Local control has been replaced with Soviet style central planning. Google “average vacancy in (Your community).” The Bay Area is 4.2%, which is very normal and healthy. If there was a crisis of shortage there should be nothing available, but only long desperate waiting lines.

Further, apartments are represented by web sites, like: hotpads.com, apartments.com & apartmentfinder.com. If one goes to one of these sites and enters a location you will find hundreds of vacant waiting units. If there was a “crisis” of availability, there should be only long dessperate waiting lines.

CA has been losing net population for years. In the last Census, we even lost one Congressional seat due to population decline since the previous census. Estimates are that we might lose 400,000 next year. With an average of 4 per household, that means about 100,000 units will become available.

We are also told “there is a crisis of affordability.” Any builder will confirm, the most expensive construction will be the newest, as this will be with the highest cost of land, materials and labor.

The simple fact is that there is no housing shortage and we cannot build our way to cheap.

https://www.cbsnews.com/sanfrancisco/news/california-population-drain-state-is-hemorrhaging-residents-texas-arizona/

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