On: California’s population shrinks for third straight...

[mensetmanusman]

The CA government has a budget the size of Finland’s GDP ($250B), if they wanted to fix the housing issue, they could.

But not enough people do want it fixed because they are trapped with their real estate investment which they can’t adored to have decrease in value.

[dmix → mensetmanusman]

The housing problem isn't a money problem, it's almost entirely laws/policy issues.

There's already a mountain of private capital ready and consumer demand that the moment laws let them build they will, regardless of gov $ investment.

[danny_codes → dmix]

100%. Land use policy in CA (and the US more generally) is insane. Suburbia/car-dependency is a terrifically bad policy decision that CA _heavily_ bought into. We may need to wait for the boomers to die out a bit more before we can fix it.

[10x_contrarian → mensetmanusman]

San Francisco's budget for homelessness is over 500 million per year. If that isn't enough money to address the problem in one city we clearly need radically different solutions.