amitym t1_j9ro0xf wrote
Reply to comment by atreyal in 95% of Bay Area Cities Lost Zoning Authority: In 105 jurisdictions of the Bay Area, anyone can build any residential projected at any height or density so long as 20% of the units are for low income. by dolphins3
>Wonder what qualifies as low income in Cali though.
It doesn't really matter. The Bay Area needs housing units en masse. After 300,000 new units have been built, we can assess whether there needs to be more targeted construction, but up until now a hyperfocus on whether the 20 new units of X project will be "low-income enough" has missed the point that 20 new units doesn't mean diddly squat, at any income level. It's the massive crushing scarcity of the entire market that's squeezing everyone.
Gatekeeping NIMBY crusaders have until now successfully derailed the conversation into the ditch of nitpicking over insignificant disputes. The real goal was to avoid large-scale changes in the housing market entirely. Fortunately it seems they have finally been thrown back.
Eswyft t1_j9tnli2 wrote
Vancouver has the same issue. They tried to go a large scale rezoning plan and there was a large push from rich residents to have it zoned like "Paris".
Paris, the thousand year old city with no real dt core and unlimited land with no geographical barriers.
Vancouver, a dt core where most business is that is a literal island and The broader area that has oceans or mountains on all 4 sides meaning it is very land restricted and there is an area that isn't even central, downtown, that is highly sought after . We've everyone river crossing requires a 15bn bridge because the rivers and ocean there are huge, unlike the over passes they have in Paris
Nimbys are cancer they got theirs, you can rot.
This from someone that lives in Paris and lives in the affected area and actually owns where that development was for, in other words I'm fine with you knocking down my neighborhood of low rises if it means fellow Canadians can actually own a home.
What nimbys have done is delay and deflect, first claiming it was foreign ownership, then landlords.
If there wasn't such scarcity, people wouldn't buy them to rent them out for profit but we're constantly at .2 percent vacancy.
Foreign ownership is taxed heavily and the money is put to affordable housing, their market share is tiny.
Also, even if you believe the first two points BUILD MORE AND FIND OUT, cuz the status quo of doing nothing isn't helping
atreyal t1_j9u7lkp wrote
Yeah the prices are so high because there is not enough supply. People bitch about the price of housing there. The people who all own don't want more houses though because it will tank the price of their own. Vicious cycle. Still change moves in small steps and hopefully this is the beginning. Dead right on there needing to be a lot of new houses built to have any real affect on price.
mtcwby t1_j9v82j0 wrote
Do you actually know how much it is to build a house? I think you're in for a bit of a shock and realize it's not all zoning.
atreyal t1_j9vq0im wrote
Considering I own one yeah. I also don't live in Cali anymore. You know you point isn't mute or anything but you could phrase it better to come off a little less condescending. Don't phrase your points in a question you are then gonna answer with no input back.
mtcwby t1_j9vtrst wrote
One of the big issues with our costs related to California housing versus other places is our code is rightly tougher seismic code and a lot of other code that isn't as necessary but adds on a lot of cost. The other part is the cost of permits, hookups and other fees. About 200k per house in my part of the Bay Area. That gets marked up. Single family house cost is over 800K now. They're not going to get cheaper.
atreyal t1_j9wrce7 wrote
That is insane cost wise, I dont see how a lot of people afford anything.
mtcwby t1_j9wsdlg wrote
It's worse than that with the current interest rates for mortgages and construction loans. The developers can't charge less than cost and their cost has gone up yet a huge portion of the population can't afford it either. So not much gets built because developer is also analyzing who is going to buy from them. Short of rates going down which I don't think will happen, only the state can step in and possibly take over some of the government associated cost. I don't think they will do it however.
atreyal t1_j9x61aq wrote
Yeah I think we are at a tipping point. Something has to give.
MS_125 t1_j9uebqh wrote
If they build enough, the prices will come down and the income requirements will become less significant.
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