dajo9 said:
socaltownie said:
Well I will kick things off.
Has anyone read "Abundance" yet? I downloaded it on Audible yesterday and excited to make it part of my "go for a run" playlist.
It absolutely resonates with my feelings that a big challenge for the democratic party is how (and this maybe true of ALL long-standing political parties) gives way too many people "veto gates" that essentially preclude much of ANYTHING getting done. That becomes a real problem when a core message is that you are the party of change and progress.
And of course close to CMS we have a great example - the actions of the Panoramic Hill people (and the tree sitter) which arguably torpedoed the chances of the Bears for breaking through and really having a transformative set of seasons. Of course that is "just" football but you see it in so many cases.
And I might argue that these vetogates will ultimately cause the demise of the Trumpian project. The courts (acting on the law) have absolutely slowed his efforts and unless he keeps both houses it is likely that everything will grind to a halt.
I partly agree and disagree with you. I haven't read Abundance so I don't have a strong opinion about it. I do believe there are too many veto-gates. The courts have too much power in this country and legislate too much.
The Abundance talk I've heard is twofold. 1) rural broadband - My view on that is rural people want the rural broadband market to be private and don't want government funding for it so the govt should just stop.
2) Housing. I think housing should be viewed as another asset. All assets are expensive right now. Stocks, bonds, real estate. The answer to that is to tax wealth and probably put limitations on foreign / corporate / investor ownership of housing. I think residents of a community should be able to control the development of their community with regulation (zoning). I also think the state should fund affordable housing.
OMG! #2!!! You're the first I've seen suggest this. Thank you! I've asked why this isn't discussed. Well, I think I understand why, because it will be viewed as racist or nationalistic. Well, we simply have to ask ourselves, are homes for living or providing investment opportunities for the world? I think it's clear the answer is the former. Sure, we who own real estate love our equity. But that wealth has come at the cost of prohibiting our kids & grand kids from owning property.
This isn't the only issue however. Plus, I really feel "Abundance" is jumping to the wrong conclusion.
I also feel building in modern society involves much more than it did in the 40's & 50's. We simply cannot go back to no environmental review, rampant, ill-conceived sprawl, or just giving up on green space preservation. Responsible, efficient, and smart building is the way forward. More of the same only creates more traffic, congestion & pollution.
Plus, can you imagine trying to get around in the Bay Area, LA or any other urban metro area with TWICE the number of housing units? Impossible, unless we make DRASTIC changes to our habits.
Our "housing crisis" doesn't appear to have anything to do with shortage. This debunks their entire theory and solution to build.
Currently, this is the situation:
San Francisco has 8,300 homeless.
San Francisco has 40,000 empty housing units.
California has 187,000 homeless.
California has 1,200,000 empty housing units.
The United states has 650,000 homeless.
The United States has 16,000,000 empty housing units.
Additionally, Detroit alone has bulldozed 700,000+ homes.
Given these vacancy numbers, how will building more be a solution?
Plus, as a rental housing provider, I went TWO years with four units out of six vacant. By no means high-end, luxury units. Reasonable asking rents. But given rent control, couldn't drop prices precipitously. Basic housing stock at current market rents. Two years.
Oakland has had about 50,000 new housing units hit market. They're not filling. At all. Owners have been foreclosed on. Yes, these fall more into the "luxury" category, but not THAT outrageous.
How many homes must be built to really drop housing prices? Millions nationwide. Probably millions in CA too.
But honestly, would 2 million brand new homes in CA drastically drop housing prices?
If so, how much?
20%, 30%, 50%?
I highly doubt much over 20%.
And if that's the case, then that will do nothing to get struggling Americans into new homes.
I feel we have a SERIOUS wage problem. And it seems progressives won't even touch the issue.
Why is that?
60 years of declining worker wages have real consequences. Does "Abundance" even tackle this?
(I admit I haven't read it. But in their interviews, I have not heard them mention the lack of wage growth, not criticism of the free market and its abject failure to address the problems. Only bashing of our maligned government.)