Housing prices.

Amused

Elite Member
Apr 14, 2001
56,554
16,394
146
Why is it every time I read aloud the price of a house I feel like I should be putting the tip of my pinky to the corner of my mouth?

Oh, you want a 3 bedroom 1.5 bath home 1000SF with virtually no yard built in 1950 and never updated on the shitty side of Pasadena?

 
Dec 10, 2005
25,061
8,351
136
Blame shitty municipal governments that have for decades enforced de facto bans on any type of density. Minimum lot sizes have grown, parking mandates, excessive set backs, only one unit per plot, height limits, etc...

Anyone that managed to buy early is pretty much a guaranteed winner (at the expense of society) because those prices are just going to continue rising as people continue wanting to move to desirable areas with economic opportunities.
 

Fenixgoon

Lifer
Jun 30, 2003
32,127
10,971
136
Blame shitty municipal governments that have for decades enforced de facto bans on any type of density. Minimum lot sizes have grown, parking mandates, excessive set backs, only one unit per plot, height limits, etc...

Anyone that managed to buy early is pretty much a guaranteed winner (at the expense of society) because those prices are just going to continue rising as people continue wanting to move to desirable areas with economic opportunities.
bingo
What does this say about the price of houses in Mississippi?
shhhhhhh
 

zzyzxroad

Diamond Member
Jan 29, 2017
3,255
2,272
136
Worst parts of Pasadena are still nice and you need to bump that up to 1.5 m+. $900k for a condo.
 

BoomerD

No Lifer
Feb 26, 2006
64,234
12,562
136
Blame shitty municipal governments that have for decades enforced de facto bans on any type of density. Minimum lot sizes have grown, parking mandates, excessive set backs, only one unit per plot, height limits, etc...

Anyone that managed to buy early is pretty much a guaranteed winner (at the expense of society) because those prices are just going to continue rising as people continue wanting to move to desirable areas with economic opportunities.

Fuck people who think we have to have India-like housing density.
 
Dec 10, 2005
25,061
8,351
136
Popular areas are popular.
The first rule of tautology club is the first rule of tautology club.

If areas, as exhibited by prices, are popular, we should let density increase to allow supply to attempt to meet demand, instead of trying to micromanage our communities like SimCity.
 
Reactions: SteveGrabowski

BoomerD

No Lifer
Feb 26, 2006
64,234
12,562
136
Who says anything about India-like housing density? It could be allowing duplexes, or just splitting lots and letting more "starter sized" homes go up. It's about private property rights. I thought this is America.
Now you sound like the people who bought TV lots here, knowing the city limits them to 90 days per year. They still have to pay property tax and utilities, (if they're hooked up) and even buying multiple lots doesn't get them more than 90 days per year.
Those ordinances have been in place for decades...yet there's a constant cry of "Why can't I do what I want with my property?"
 
Dec 10, 2005
25,061
8,351
136
Now you sound like the people who bought TV lots here, knowing the city limits them to 90 days per year. They still have to pay property tax and utilities, (if they're hooked up) and even buying multiple lots doesn't get them more than 90 days per year.
Those ordinances have been in place for decades...yet there's a constant cry of "Why can't I do what I want with my property?"
Arbitrary ordinances that have been in place for years are still arbitrary.

Many single family zoning rules and lot size requirements came explicitly as a way to keep minorities out of suburbs, but in a facially neutral sort of way. Now they just stifle economic growth: high housing costs due to limited supply and crumbling infrastructure with high costs to maintain thanks to the inherent combination in road-centric sprawl (higher costs per capita thanks to all that lower density).
 

Saylick

Diamond Member
Sep 10, 2012
3,513
7,776
136
Blame shitty municipal governments that have for decades enforced de facto bans on any type of density. Minimum lot sizes have grown, parking mandates, excessive set backs, only one unit per plot, height limits, etc...

Anyone that managed to buy early is pretty much a guaranteed winner (at the expense of society) because those prices are just going to continue rising as people continue wanting to move to desirable areas with economic opportunities.
Yep, pretty much this. NIMBYism doesn't help either, especially in California where everyone understands that self-made home ownership is a becoming rarer and rarer, so people would rather vote down efforts to combat rising housing prices for the sake of self-interest. It just feels like FYGM, to be honest.
 

brycejones

Lifer
Oct 18, 2005
27,673
26,795
136
Now you sound like the people who bought TV lots here, knowing the city limits them to 90 days per year. They still have to pay property tax and utilities, (if they're hooked up) and even buying multiple lots doesn't get them more than 90 days per year.
Those ordinances have been in place for decades...yet there's a constant cry of "Why can't I do what I want with my property?"
Because people are finally understanding the impacts of those ordinances and how it breaks the fucking housing market.
Seriously, this kind "of we've always done it this way" argument is fucking stupid. Extract your head from your ass.
 
Dec 10, 2005
25,061
8,351
136
Yep, pretty much this. NIMBYism doesn't help either, especially in California where everyone understands that self-made home ownership is a becoming rarer and rarer, so people would rather vote down efforts to combat rising housing prices for the sake of self-interest. It just feels like FYGM, to be honest.
At least California's state government is taking steps to force municipal governments to allow more density. It's pretty crazy when you look at housing in the Bay Area - being the tech hub of the US, you might imagine some futuristic looking city or some density, but 90% of it is just ugly post-WW2 style detached single family homes that sell for millions of dollars each (and it's certainly not because the home quality is so good).
 
Reactions: Saylick

zzyzxroad

Diamond Member
Jan 29, 2017
3,255
2,272
136
Fuck people who think we have to have India-like housing density.
Yeah it is nuts. My kid pays almost 2500 a month for tiny single bedroom apartment. She has a good jobs and could not afford a house in the city she grew up in.
 

BoomerD

No Lifer
Feb 26, 2006
64,234
12,562
136
Because people are finally understanding the impacts of those ordinances and how it breaks the fucking housing market.
Seriously, this kind "of we've always done it this way" argument is fucking stupid. Extract your head from your ass.
Pretty much no one in this little beach town wants to see it turned into an RV park. Want to actually build a vacation home? Sure...glad to see it.
 

brycejones

Lifer
Oct 18, 2005
27,673
26,795
136
Pretty much no one in this little beach town wants to see it turned into an RV park. Want to actually build a vacation home? Sure...glad to see it.
And there it is......

From your earlier comment its clear the current zoning isn't meeting the needs of people but you just said you don't give a shit.
 

IronWing

No Lifer
Jul 20, 2001
70,229
28,939
136
I blame the hyper concentration of income at the top. People would have more money to spend on housing if the rich weren’t stealing the fruits of their labor. The zoning fetishizers are determined to champion the less well off by attacking the slightly better off. They would do better and find more allies if they would take on income inequality rather than trying to trash neighborhoods.
 

BoomerD

No Lifer
Feb 26, 2006
64,234
12,562
136
And there it is......

From your earlier comment its clear the current zoning isn't meeting the needs of people but you just said you don't give a shit.

People buy RV lots here for camping...knowing fully well that they're limited to 90 days of camping. (or 90 days of having an RV parked on their lot.) Then they start bitching about wanting to use it 120, 180, even 365 days per year. That's not what they agreed to when they bought their lot...and in most cases, that was carefully explained to them by their realtor and/or title company.
 
Dec 10, 2005
25,061
8,351
136
I blame the hyper concentration of income at the top. People would have more money to spend on housing if the rich weren’t stealing the fruits of their labor. The zoning fetishizers are determined to champion the less well off by attacking the slightly better off. They would do better and find more allies if they would take on income inequality rather than trying to trash neighborhoods.
At the end of the day, people need somewhere to live, and zoning creates a cap on the number of people in a given area. Fixing income inequality doesn't fix that fundamental issue.

And zoning reform doesn't hurt the people: no one is forcing the conversion of a property to a duplex or triplex or apartment building.
 

Saylick

Diamond Member
Sep 10, 2012
3,513
7,776
136
At least California's state government is taking steps to force municipal governments to allow more density. It's pretty crazy when you look at housing in the Bay Area - being the tech hub of the US, you might imagine some futuristic looking city or some density, but 90% of it is just ugly post-WW2 style detached single family homes that sell for millions of dollars each (and it's certainly not because the home quality is so good).
Yeah, it's a slow but correct walk in the right direction, but I still think that it's not quick enough. The few remaining ways to own property in a HCOL area in California is either through a big windfall from your parents, dual high income household, or have the property straight up gifted down to the next generation via inheritance. Good luck to future generations who didn't have parents who they themselves were able to obtain property via one of the aforementioned methods.

As for the Bay Area, I was born and raised in San Francisco, so I understand completely. The height restriction in all of the residential areas makes the City's aesthetic so unique but it's also what makes building more units so dang hard. Funny how this thread was started by someone complaining about the housing prices in Pasadena, and here I am today not more than a few minutes drive from Pasadena itself. I'm still not a homeowner, though, if it wasn't obvious.
 

BoomerD

No Lifer
Feb 26, 2006
64,234
12,562
136
Really want to make a dent in housing prices? Take the housing market away from the corporations who buy up everything they can in desirable areas...then jack the prices, whether for resale or rentals.
 
Reactions: Jaskalas

IronWing

No Lifer
Jul 20, 2001
70,229
28,939
136
At the end of the day, people need somewhere to live, and zoning creates a cap on the number of people in a given area. Fixing income inequality doesn't fix that fundamental issue.

And zoning reform doesn't hurt the people: no one is forcing the conversion of a property to a duplex or triplex or apartment building.
Of course changing zoning laws hurts people. That’s why it is wildly unpopular. When people buy property, they look at the surrounding property uses. Adding more density means more congestion and more noise. I know folks here love to waive away externalities but that doesn’t mean they don’t exist.
 
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