The most important thing I learned is that cities and counties in California get more revenue from commercial use of land than residential use of land. Because of this, there has been disproportionate investment rates leading to an imbalance. So if you want to solve the problem on a smaller region basis, the imbalance needs to be corrected. Ways to solve the problem include:
1) drive out business
2) build more housing
3) a combination of the two
4) or push the solution out to the broader
But until the underlying incentive bias is corrected, the problem will persist. There seemed to be very little political will to correct this revenue bias. Ergo, there will be no solution until the system collapses under it's own weight.
March 17 2008, 18:00:58 UTC 4 years ago
What is the "problem" that "solve the problem" refers to? More commerical spaces than housing spaces? Why do I care about that?
March 17 2008, 18:05:29 UTC 4 years ago
March 17 2008, 20:39:18 UTC 4 years ago
March 20 2008, 22:39:09 UTC 4 years ago
new icon = great
:)
March 18 2008, 15:53:04 UTC 4 years ago
March 19 2008, 00:53:52 UTC 4 years ago