Wednesday, May 16, 2018

Heating Up a Housing Crisis

The state's latest response to the housing crunch: a mandate that builders install solar panels on every new home in the Golden State.

It's tough to overstate the high cost of housing in California, even relative to the state's high incomes.

Reason illustrated the absurdity of California's building rules when it profiled a laundromat owner in San Francisco who has spent four years and $1 million trying to develop apartments on the site of his one-story, non-historic building in a city starving for new housing.

Beyond the zoning and regulatory barriers, mandates that raise prices are an underreported part of the housing price challenge in California.

Building more housing that lets more people live in California, even at current energy-efficiency levels, would have a positive effect on emissions.

California's environmentalist-NIMBY axis has been highly effective in driving housing costs to unsustainable levels.

The failure to build new housing in America's most climate-friendly locales suggests that the underlying rationale for California's rules is not climate, but exclusion.

https://www.city-journal.org/html/heating-housing-crisis-15905.html

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