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There's a quiet housing fix spreading across California (www.sfgate.com)
submitted 1 year ago by to c/california@lemmy.world
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TLDR: Cities are allowing developers to re-zone retail units that go un-leased. They can then be converted into live-work studios so people can run businesses from home ie. an artist running a home studio, a massage therapist taking clients, a home daycare, etc. Seems this could really help with California’s chronic housing crisis.

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[–] 2 points 1 year ago

The rates only go up if there’s a scarcity. So building more results in cheaper rent, and housing and property prices will fall, thus negating any investment opportunity.

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