Anonymous
Anonymous asked in Business & FinanceRenting & Real Estate · 2 months ago

Why is there not enough housing in California? ?

7 Answers

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  • 2 months ago

    Demand is higher than supply.

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  • 2 months ago

    The question shouldn't be why isn't there enough housing in California.  There is plenty of housing in California and everywhere else if you have the money to pay for it.  

    The question is why is housing so expensive in California (and lots of other places) that so many people can't afford it and are thus homeless or living with friends/ family, or overcrowding small places, etc?  I guess the answer is that if you have a society where 3 people have as much wealth as the bottom 50% of the population (or whatever the exact numbers are) then the society is broken and this is just one side effect of many.

    • Dustbindiva
      Lv 7
      2 months agoReport

      There are many regions of California that are less expensive, comparable to other states.

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  • 2 months ago

    There is more housing in California than any other state, so that's not the reason.

    The reason is that there are also more jobs in California than any other state, so workers who can't get jobs in their own states keep moving to California to get jobs.

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  • Scott
    Lv 6
    2 months ago

    California doesn't have a shortage of housing, especially with as many people leave California every day. California does have an AFFORDABLE housing shortage.

    • Dustbindiva
      Lv 7
      2 months agoReport

      There is less expensive housing in areas that transients and relocators dont usually hit or dont find jobs.

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  • 2 months ago

    There is you just have to find it

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  • 2 months ago

    There's plenty of it. Just expensive. Why? Realestate taxes

    • A Hunch
      Lv 7
      2 months agoReport

      Real estate taxes in California are DIRT CHEAP as long as you purchased your home before 2002, which is sort of one of our issues.  My gramps house is worth somewhere around $750K, I paid his taxes this past week - $1300 FOR THE YEAR. 

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  • Anonymous
    2 months ago

    They’re shipping in open land from Wyoming. 

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