6 ms·

This is what happens when you outlaw building new homes, and especially when you outlaw building apartments.

bobthepanda 2y ago
the land would be expensive still in high demand areas. the purchase price has everything to do with the land and nothing to do with the house itself
- tshaddox 2y ago
  I bet the land would be less expensive if more of the surrounding land contained higher-density housing.
  - fragmede 2y ago
    wouldn't that make it more expensive?
    - beaeglebeachh 2y ago
      Counterintuitively, no. People by and large are buying a token for a build site. Look at any zoning area for SFH and a massive portion buy the least acreage they have to. By creating far more tokens the price spirals down, even though utility rises. The utility of land actually has a pretty weak link to its price. Take at the extreme of housing fitting into a pinpoint. No one even needs to buy your land even though it now has infinite housing utility -- even though essential it is abundant so it becomes cheap like water.
- beaeglebeachh 2y ago
  300 sq ft of land and a used RV to park on it might be affordable. People might not like some the implications but it's probably cheaper and more sanitary than the alternative of those people in tents.
turtlebits 2y ago
You can absolutely build a new hone. The conundrum is that the land value is so high that you have to build as big as possible with finishes to match the neighborhood, even if you don't need the square footage. I'm waiting for my area to allow multifamily and or detached ADU before I build.
- jonathankoren 2y ago
  Cupertino is being sued for violating state law for not rezoning for housing. In fact, Cupertino spent funds allocated for affordable housing on lawyers to fight against affordable housing. Thank Scott Weiner for the builder’s remedy. https://sanjosespotlight.com/cupertino-spent-affordable-housing-funds-on-lawsuit/ https://sanjosespotlight.com/cupertino-spent-affordable-hous...
  - yonran 2y ago
    > Thank Scott Weiner for the builder’s remedy. Scott Wiener did not create the builder’s remedy; it was created in 1990 and rediscovered by Chris Elmendorf https://twitter.com/CSElmendorf/status/1474286606982934528 https://twitter.com/CSElmendorf/status/1474286606982934528 https://escholarship.org/uc/item/38x5760j https://escholarship.org/uc/item/38x5760j. But Wiener did make the builder’s remedy apply to more jurisdictions by increasing the RHNA quota (SB 828).
- beaeglebeachh 2y ago
  I live in a place with no building codes (and barely any zoning regs) and raw plots i looked at asshole boomers encumbered their title with irrevocable CC&Rs preventing small starter homes before they croked. Most the properties I looked at were poisoned this way making it totally impossible for young starting families to stake down, it was quite infuriating. You'd be surprised even in rural undeveloped areas how hard it can be to build, it's all gotten much worse in the past 50 years. In the city they damn you with onerous permit and utility connection requirements, in the country they slit the throat with ever more onerous septic and well environmental restrictions which of course were voted in by people who grandfathered their own property in.
- 2y ago

the land would be expensive still in high demand areas. the purchase price has everything to do with the land and nothing to do with the house itself

tshaddox 2y ago
I bet the land would be less expensive if more of the surrounding land contained higher-density housing.
- fragmede 2y ago
  wouldn't that make it more expensive?
  - beaeglebeachh 2y ago
    Counterintuitively, no. People by and large are buying a token for a build site. Look at any zoning area for SFH and a massive portion buy the least acreage they have to. By creating far more tokens the price spirals down, even though utility rises. The utility of land actually has a pretty weak link to its price. Take at the extreme of housing fitting into a pinpoint. No one even needs to buy your land even though it now has infinite housing utility -- even though essential it is abundant so it becomes cheap like water.
beaeglebeachh 2y ago
300 sq ft of land and a used RV to park on it might be affordable. People might not like some the implications but it's probably cheaper and more sanitary than the alternative of those people in tents.

turtlebits 2y ago

You can absolutely build a new hone. The conundrum is that the land value is so high that you have to build as big as possible with finishes to match the neighborhood, even if you don't need the square footage. I'm waiting for my area to allow multifamily and or detached ADU before I build.

jonathankoren 2y ago
Cupertino is being sued for violating state law for not rezoning for housing. In fact, Cupertino spent funds allocated for affordable housing on lawyers to fight against affordable housing. Thank Scott Weiner for the builder’s remedy. https://sanjosespotlight.com/cupertino-spent-affordable-housing-funds-on-lawsuit/ https://sanjosespotlight.com/cupertino-spent-affordable-hous...
- yonran 2y ago
  > Thank Scott Weiner for the builder’s remedy. Scott Wiener did not create the builder’s remedy; it was created in 1990 and rediscovered by Chris Elmendorf https://twitter.com/CSElmendorf/status/1474286606982934528 https://twitter.com/CSElmendorf/status/1474286606982934528 https://escholarship.org/uc/item/38x5760j https://escholarship.org/uc/item/38x5760j. But Wiener did make the builder’s remedy apply to more jurisdictions by increasing the RHNA quota (SB 828).
beaeglebeachh 2y ago
I live in a place with no building codes (and barely any zoning regs) and raw plots i looked at asshole boomers encumbered their title with irrevocable CC&Rs preventing small starter homes before they croked. Most the properties I looked at were poisoned this way making it totally impossible for young starting families to stake down, it was quite infuriating. You'd be surprised even in rural undeveloped areas how hard it can be to build, it's all gotten much worse in the past 50 years. In the city they damn you with onerous permit and utility connection requirements, in the country they slit the throat with ever more onerous septic and well environmental restrictions which of course were voted in by people who grandfathered their own property in.
2y ago