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Politics : Politics for Pros- moderated
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From: TimF6/2/2022 3:27:11 PM
3 Recommendations  Read Replies (2) of 793955
 
This was from a few years ago, but the overall direction of policy hasn't changed since and the negative results are even more clear now.

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Restrict Supply, Subsidize Demand
Posted on March 30, 2017
The Los Angeles Times reports,
Home builders are not keeping up with demand for homes in California. There just aren’t enough homes being built relative to the growing number of households in California.
What is the “solution” to this supply problem? Subsidize demand:
a lot of local municipalities have first-time home buyer-assistance programs, and people should look at those programs in their area. You also may be able to qualify for additional assistance as a first-time home buyer based on your occupation, for folks like teachers, firefighters and law enforcement.
And people wonder why housing in California keeps getting less affordable.

arnoldkling.com
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