After months of debate, California lawmakers on Friday passed SB 79, a housing bill that overrides local zoning laws to bring high-density housing up to nine stories tall to transit hubs.
Or you know, you can work to fix the source of some of the existing issues. Like limit the number of single family dwellings a company or corporation can own. Hedge funds and banks shouldn’t be able to hoard houses as real estate. Tax unoccupied housing at a higher rate, increasing based on vacancy time to incentivize usage instead of leaving them empty. Use that increased tax revenue to fund building public housing.
Or you know, you can work to fix the source of some of the existing issues. Like limit the number of single family dwellings a company or corporation can own. Hedge funds and banks shouldn’t be able to hoard houses as real estate. Tax unoccupied housing at a higher rate, increasing based on vacancy time to incentivize usage instead of leaving them empty. Use that increased tax revenue to fund building public housing.