This tweet caught my eye:
I like the glass half full (or more precisely a quarter full) interpretation. Especially if the glass is very large. And LA is a very large piece of land, covering 502 square miles of land. That means there’s about 125 square miles of non-residentially zoned land, more than five times the size of Manhattan (which is 23 square miles.) While I’m not into zoning at all, I’m actually quite happy to hear both candidates are heavily in non-residential parts of LA. Supports housing.
Residential zoning is a huge problem, but it’s far from the only problem with housing construction in California. Overly restrictive regulations are almost as important when it comes to new housing construction anywhere In cities, that makes building new housing much more expensive than in the free market, even a less tightly regulated market like Chicago.
Consider the following two cases:
1. In recent years, California has experienced a net out-migration of residents
2. Most regions of California are governed by progressive governments with highly ineffective policies in areas such as taxation, business regulation, crime, and education.
You can guess that these events are closely related. In fact, almost entirely net Population outflow is due to poor housing policies. If California simply deregulated housing, its population could grow as fast as Texas and Florida. Given the extremely high prices here, new housing construction would be highly profitable if not restricted by regulations.
I live in Orange County, one of the few places in California that isn’t poorly run. It has an excellent climate. And yet the county is now actually losing population. Irvine is the only Orange County community still experiencing rapid growth. That’s not because it’s better managed than other OC cities, but because it’s one of the few that still allows substantial housing.
Republicans like to criticize the largely dysfunctional progressive administration in this state. And yet, even if all the problems they rightly cite are fixed — if California becomes more business-friendly like Texas and Florida — it will do little to stem the population outflow from coastal California (although it will help the Central Valley. ) Unfortunately, some Republicans deregulate housing. refuses to, and the GOP at the national level is slowly drifting toward a NIMBY.