Quote:
Originally Posted by Caliplanner1
Oh the self destructive ironies /contradictions of untethered/unregulated capitalism.....
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Unregulated capitalism, where the central planners have deemed that 81% of the city should be off-limits to residential redevelopment, and much of the remaining 19% is already built to the arbitrary density cap (ie. maximum quota on homes) set by the planners.
As LeftCoaster pointed out, a rapidly growing population + record job growth are rather interesting symptoms of "self destruction".
Oh and here's a quote from the report, which hammered this point many times: "Without exception, severely unaffordable markets have severe land use restrictions."