The great Thomas Sowell explains the facts of economic life to the “environmentalist” left in California:
Nowhere has there been so much hand-wringing over a lack of “affordable housing,” as among politicians and others in coastal California. And nobody has done more to make housing unaffordable than those same politicians and their supporters. A recent survey showed that the average monthly rent for a one-bedroom apartment in San Francisco was just over $3,500. Some people are paying $1,800 a month just to rent a bunk bed in a San Francisco apartment. It is not just in San Francisco that putting a roof over your head can take a big chunk out of your pay check. The whole Bay Area is like that. Thirty miles away, Palo Alto home prices are similarly unbelievable.
Another city in the Bay Area with astronomical housing prices, San Mateo, recently held a public meeting and appointed a task force to look into the issue of “affordable housing.” Public meetings, task forces, and political hand-wringing about a need for “affordable housing” occur all up and down the San Francisco peninsula, because this is supposed to be such a “complex” issue.
Someone once told President Ronald Reagan that a solution to some controversial issue was “complex.” President Reagan replied that the issue was in fact simple, “but it is not easy.”
As Dr. Sowell points out, the problem is simple supply and demand; as California fell into the hands of the Crazy Left in the 1970s, it began restricting land use ever more draconianly, in order to placate the Mother Gaia crew who simply cannot ever correlate their “well-meaning” policies and the inevitable results.
One of the first things taught in an introductory economics course is supply and demand. When a growing population creates a growing demand for housing, and the government blocks housing from being built, the price of existing housing goes up… However simple the answer, it will not be easy to go against the organized, self-righteous activists for whom “open space” is a sacred cause, automatically overriding the interests of everybody else.
Of course, for some, that’s a feature, not a bug. We’ve given these people half a century and more to wreck the fundamentals of our nation and our culture. It’s really time to stop.