I hope the current era ends. Ukraine/Russia and China/Taiwan is resolved (relatively) peacefully in a way that maintains the norm of wars-of-conquest-don’t-work. And we get a resurgence of immigration and trade. I am heartened that a big cause of inflation, housing prices in the US (particularly California) may be addressed by recent reforms.
California is broadening its housing crisis to the rest of the United States via remote working NIMBYs. It's a national problem now and it deserves a federal response. A century of property rights erosion has made it extremely difficult to erect the wide variety and large quantity of residential structures needed to serve demand. Congress needs to legislate away the Euclid v. Ambler decision pronto.
Ffs, if housing demand increases by epsilon due to a handful of relocating SF people, your housing market has bigger problems to begin with...
55k people left SF during the pandemic, 20% of whom stayed in the Bay Area, with many more moving as far away as Sacramento. New York was the largest destination outside California, with 1.7% of SF evacuees landing there.
CA is much bigger than SF and is estimated to be short 3-4 million homes[0]. The state's population has been in net decline for the last two years, primarily resulting in domestic outmigration[1]. The entire US had around 142 million homes in 2021[2]. Based on jobs/housing starts it looks like much of the US is in the hole, but the west coast as a region is far, far worse[3].
We need to be automating way more. We’re behind.