• Philharmonic3@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    8 months ago

    Ah so the real estate developers are finally ready to finish their gentrification efforts. They must’ve forced out the last remaining owners in the area so now they can crack down and turn it into overpriced bullshit

    • Cryophilia@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      edit-2
      8 months ago

      The individual homeowners in California have developers over a barrel lol

      Prop 13 gives all the power to home owners, as does the glut of local regulations and permits.

      It’s why we have a housing crisis. Can’t build any more homes.