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RE: LeoThread 2025-11-11 01-10

in LeoFinance9 days ago

Part 6/14:

Furthermore, opponents argue that SB79 will not produce the affordable housing essential to addressing economic disparities. Instead, it is expected to facilitate luxury rentals and mid-tier housing that remains out of reach for most working-class Californians. The promise that increased supply will trickle down to lower prices is seen as naively optimistic; historical and economic evidence suggest that housing prices in California continue to soar regardless of increased density.

The Reality of Housing Costs and Development Economics