Like I said in an earlier comment, there are things about the Texas property tax system I like. But we can't really compare Texas housing to the Bay Area. Texas is flat with low-value land in all directions. The Bay Area is incredibly space-constrained in an earthquake zone.
I'm not defending the largely single-family home zoning of SF here. I'm simply saying that any affordability you get in Austin (which itself isn't really that affordable) is mostly by spreading in all directions, something simply not possible in SF.
If regulation was the core problem, wouldn't Houston [1] defy housing price trends having no zoning regulation? It does not (eg Austin [2]).
> It's the left-wing parties and politicians that stand against supply-side policies informed by this reality.
No, they don't. I'm sorry but you are uninformed here. You are either confusing liberal policies with leftist policies or simply haven't seen a leftist policy or you're confusing opposition to deregulation as being a NIMBY and not understanding why.
I'm not defending the largely single-family home zoning of SF here. I'm simply saying that any affordability you get in Austin (which itself isn't really that affordable) is mostly by spreading in all directions, something simply not possible in SF.
If regulation was the core problem, wouldn't Houston [1] defy housing price trends having no zoning regulation? It does not (eg Austin [2]).
> It's the left-wing parties and politicians that stand against supply-side policies informed by this reality.
No, they don't. I'm sorry but you are uninformed here. You are either confusing liberal policies with leftist policies or simply haven't seen a leftist policy or you're confusing opposition to deregulation as being a NIMBY and not understanding why.
[1]: https://fred.stlouisfed.org/series/ATNHPIUS26420Q
[2]: https://fred.stlouisfed.org/series/ATNHPIUS12420Q