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I am certainly not surprised to hear that California has already adopted this commie nonsense.
There are so many work arounds to these things. I've heard of key fees, extraordinary security deposits, ridiculous application fees. The market participants will find ways to approach the market price.
In the short-run, like you said, these policies don't increase supply. Even worse, in the medium-run they reduce the supply.
California passed a law limiting security deposits to one month but I agree with your main point.
Similar thing happened after the city passed a 'mansion tax' for any house sold for over 5 or 10 million (I forget the exact threshold). People found ways to circumvent restriction i.e. buy my furniture or my plants for 1 million.
If the place is furnished, you can increase rent on furniture etc
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Mainly I think it's a distraction from the bigger issues. A misallocation of attention, if you will. The attention should be focused on future mitigation/prevention and on rebuilding.
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I agree. The problem is that incentivizing rebuilding runs counter to the (stated) political priorities of those in power.
The best way to rebuild would be to repeal all the regulations that make providing housing unattractive currently. You'll know the specifics way better than me, but that's going to touch on tenants' rights, environmental protections, housing equity, zoning, etc.
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It's a mess. And, by the way, I mentioned to a colleague today that I was frustrated with the state because articles from the WSJ were warning about California's forest management years before this, and she said these are just conservative talking points to avoid talking about climate change.
I literally can't even.
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People whose only response is "conservative talking points" are by definition NPC
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So many people are just the NPC meme "Everything is due to climate change and the only solution is communism." Or however it goes, exactly.
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I'm not even a "climate denier" or whatever they want to call it.
I just think you can do two things at once. I don't understand why people can't grok that.
I also think liberals are at a point where they've internalized, "every criticism is a right-wing ploy"
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It's very cultish, which is why the members can't grok it.
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The problem is I don't think this person is part of the cult. I think they're just a normie. It's scary that normies are so brainwashed by the cult.
I have normie friends whose personal behaviors and attitudes are entirely conservative, but also repeat these left wing talking points about climate, race, Trump, etc.
I think they just all get their news from CNN and the New York Times.
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I'm going to propose that normie Californians are in the cult. To me, this cult is more about what ideas people are willing to entertain than how they conduct their personal affairs.
I call it the Cult of Respectability. Basically, it's an unwillingness to think about anything that hasn't been cleared by the NYT first.
The focus should be on shooting looters and arsonists
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