It is quite funny that so much of the wealth created by the world's most technologically advanced companies ultimately flows into the pockets of Boomer Californians who happen to own Victorian and pre-war era housing stock
@YIMBYLAND It’s an issue of allocation of public goods. It’s easier to restrict access than to build more access, especially in american cities built for the automobile
338 homes (including single family homes, apartment units, & plexes, but not ADUs) were permitted in the City of Los Angeles in January 2025
To meet our state housing goals, we're supposed to be permitting ~7,000 homes a month
In case you're wondering how far behind the USA is on infrastructure, France is building 120 miles of automated subway lines with 65 stations for $45 billion in 17 years.
@SinaiLawFirm@Leeo2680 Also this already exists on small scale, for example in Carthay Square there are some historic duplex and quad plexes.
However, most of the city zoned this out of existence some time ago. Which is why 72% of land is SFR zoned in LA city.
@SinaiLawFirm@Leeo2680 I think this is the point. We can still have nice suburban neighborhoods with multimillion $ homes… but need to densify commercial centers tied to transit. In the LA context that means changing zoning in nice SFR neighborhoods, e.g. Westwood, Culver City, and Mid-Wilshire
@SinaiLawFirm Your critic on the frivolous spending is fair, but raising the professor’s salary to 200 k would allow him to rent an apartment. Which altho isn’t the american dream, it would make him a housed individual.
How do you think we can make owning a home or rent more affordable?
🚨A potential civil war in Venezuela? 🚨
President Maduro: "The fate of Venezuela in the 21st century depends on our victory on the 28th of July. If you don't want Venezuela to fall into a bloodbath... let's guarantee the greatest success in the history of our people."
🧐The larger the value, the easier it is to pinpoint which country... comment your score below
@OECtoday#Tradle #872 2/6
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https://t.co/ptPWblkL81
8/ Will Malaysia become the lynchpin for next-gen industries or just one of many options for multinational companies to set up shop?
Dive in deeper by watching my latest video essay on the topic: https://t.co/OXpJyJGtuQ
Sources:
[1]: https://t.co/JJdQ1A6CU1