>Obviously, increasing the number of people within a system without commensurately increasing housing will result in upward pressure on housing prices.
That was the explicit intent of prop 13. Triggering the NIMBYtastrophe and privatizing commensurate increases in rents and land values was an entirely deliberate and cynical wealth grab that drove millions into poverty in California.
I get that we're supposed to be more angry at immigrants than Howard Jarvis and his friends though.
Just as we're supposed to be upset at "AI taking jobs" rather than deliberate trade policy.
That was the explicit intent of prop 13. Triggering the NIMBYtastrophe and privatizing commensurate increases in rents and land values was an entirely deliberate and cynical wealth grab that drove millions into poverty in California.
I get that we're supposed to be more angry at immigrants than Howard Jarvis and his friends though.
Just as we're supposed to be upset at "AI taking jobs" rather than deliberate trade policy.
Scapegoats have gotta goat.