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Upzone the coastal elites @aboutdave.bsky.social · 1m

"I know what's easier than fighting capital, fighting capital."

Upzone the coastal elites @aboutdave.bsky.social · 15m

I'm not willing to give up on improving the amount of housing available while we wait for a socialist revolution. Even then, there's a structural deficiency of homes. We'd be trading prices for wait-lists.

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Upzone the coastal elites @aboutdave.bsky.social · 34m

That's not at all how abundance works.

Density should be apartments and condos.

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Upzone the coastal elites @aboutdave.bsky.social · 1h

I answered this.

bsky.app/profile/abou...

Upzone the coastal elites @aboutdave.bsky.social · 1h

I am not a renter right now. I may be in the future. I don't want to be forced into either being an owner or a rental.

choice through abundance

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Upzone the coastal elites @aboutdave.bsky.social · 1h

I am not a renter right now. I may be in the future. I don't want to be forced into either being an owner or a rental.

choice through abundance

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Upzone the coastal elites @aboutdave.bsky.social · 1h

I wouldn't want whether I can afford a home to come about because it was illegal for that home to be a rental.

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Upzone the coastal elites @aboutdave.bsky.social · 1h

Not everyone wants to buy every home they're going to live in during their life.

I own my current home, although I genuinely think that's irrelevant to this discussion.

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Upzone the coastal elites @aboutdave.bsky.social · 1h

I'm saying that aspect of your approach is zero sum.

I want people to be able to afford either option. Both renting and owning can be cheaper with abundance.

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Upzone the coastal elites @aboutdave.bsky.social · 1h

I want to reduce housing costs for all, not in the zero sum sense of hurting renters to benefit owner occupiers.

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Upzone the coastal elites @aboutdave.bsky.social · 1h

What happens to renters there?

What happens when a neighborhood only allows owner-occupiers?

Higher rents in the remaining locations and an inability for renters to live in certain neighborhoods. Bad!

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Upzone the coastal elites @aboutdave.bsky.social · 5h

I get that it helps people buy homes, at the expense of having less rental homes. So that's bad.

But I think it also hurts builders, because now they can't sell to some entities. Double bad.

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Upzone the coastal elites @aboutdave.bsky.social · 5h

So let's circle back.

How does blocking private equity help build housing?

bsky.app/profile/eiko...

Daniel 🦁 @eikonos.bsky.social · 22h

private equity should not be allowed to own residential at all

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Upzone the coastal elites @aboutdave.bsky.social · 5h

We still need to reform the pro-housing designation, but the clean CEQA bill was awesome. And now we have sb79.

Oh yeah.

patrick star from spongebob says oh yeah in white letters

ALT: patrick star from spongebob says oh yeah in white letters

media.tenor.com

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Upzone the coastal elites @aboutdave.bsky.social · 5h

HCD enforcement on the issue started strong, with a technical assistant letter confirming they had just 30 days under CEQA law to make exemption determinations.

Then went to shit as HCD ignored continued violations, and even violated HCD's own rules to hand them a pro-housing designation.

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Upzone the coastal elites @aboutdave.bsky.social · 5h

I started my housing advocacy by showing up to Berkeley zoning boards, highlighting their staff reports included a CEQA exemption determination, but they had blown by the PSA deadlines that triggered.

They illegally stopped giving those determinations to avoid the consequences.

That's over now.

Jordan Grimes @cafedujord.bsky.social · 7h

Important to remember that not only did we pass #SB79, the biggest transit-oriented upzoning bill ever, we also passed a clean CEQA exemption for new multifamily infill housing.

This is, bar none, the biggest year in state action on housing policy reform in California history. Not even close.

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Upzone the coastal elites @aboutdave.bsky.social · 6h

Builders will come out of the woodwork if we let them.

Upzone the coastal elites @aboutdave.bsky.social · 6h

I don't care, it's an existential crisis.

Thankfully, Newsom signed sb79.

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Upzone the coastal elites @aboutdave.bsky.social · 6h

Bingo. Private equity is powerless in the face of the homeowner cartel.

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Upzone the coastal elites @aboutdave.bsky.social · 6h

Yeah, and that particular purpose was segregation and exclusion.

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Upzone the coastal elites @aboutdave.bsky.social · 6h

Ok, your first said we were building, which implied we'd taken significant steps, or even as many steps as possible, to make housing legal.

And we haven't. Just barely started reforms.

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Upzone the coastal elites @aboutdave.bsky.social · 6h

Private equity has basically zero control over zoning in our cities.

Private equity didn't make the LA city council oppose sb79.

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Upzone the coastal elites @aboutdave.bsky.social · 6h

False.

www.latimes.com/business/sto...

Almost no one is building new apartments in Los Angeles. Here's why

The supply of fresh rental units, which make up the bulk of new housing in Los Angeles, is petering out despite robust demand.

www.latimes.com

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Reposted by Upzone the coastal elites

Jake Berman @lostsubways.com · 9h

One note about SB79: the tiny, NIMBY-est cities in California got hit the hardest, since it's much harder to play with the zoning. SB79 allows cities to reallocate their zoning "budget" to other stations, but that's not much help when you only have 1-2 stations! It's clever jujitsu.

Thread: 1/

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Reposted by Upzone the coastal elites

Stan Oklobdzija @stano.bsky.social · 11h

Not exaggerating when I say that SB 79, a bill making it easier to build housing near mass transit, is the most consequential piece of legislation that the Democratic Party has passed all year. Saying no to the worst people in our coalition proves we're serious about the future.

Joe Cohen @cohenhouse.bsky.social · 11h

WE DID IT!!!

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Upzone the coastal elites @aboutdave.bsky.social · 10h

We have a housing shortage and you're not approaching it seriously.

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