State regulations and taxes are the problem. The people who can afford to build apartments are big money. Reduce zoning regulations, property taxes and get rid of Urban Growth Boundaries to expand land use and create competition. Then rents would go down. Government over reach is the problem period.
We moved to Bend, after our town of Paradise, ca. Burned down to buy a home and got priced out immediately! We are now "Apartment Dwellers", that feel somewhat without a stake in this "Great Community!"
Trump is agitating the situation. If Gov Newsom had thought it necessary he would have called them in. It was not Trump’s decision to make. Trump is merely trying to take over California because it is a mainly democratic state and he considers its citizens enemies
And RENT CONTROL!!
ReplyState regulations and taxes are the problem. The people who can afford to build apartments are big money. Reduce zoning regulations, property taxes and get rid of Urban Growth Boundaries to expand land use and create competition. Then rents would go down. Government over reach is the problem period.
ReplyWe moved to Bend, after our town of Paradise, ca. Burned down to buy a home and got priced out immediately! We are now "Apartment Dwellers", that feel somewhat without a stake in this "Great Community!"
ReplyAnd Bideneconomics
Reply