Why is California expensive for living if there is a lot of land to build upon?
- ANDRE LLv 78 months ago
Considering that a quarter of the land in California is desert, no one wants to build there or live there. The amount of land where the land and climate is suitable for creating towns and cities is pretty much already built upon.
Thus, with little room to grow housing, combined with a demand for more housing, prices go up on the simple principle of supply and demand.
- SlickterpLv 78 months ago
Demand and current supply of housing.
- Anonymous8 months ago
Supply & demand. Lots of people want to live there apparently. Plus, jobs pay more.
Whereas, Mississippi, you don't have that problem.
- KISS MY GRITSLv 68 months ago
People want to live there. It is the law of supply and demand.
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- curtisports2Lv 78 months ago
The land is not where people want to be. There's very little open land near the ocean. There's plenty of open desert.
- fireflyfliesbyLv 78 months ago
Having a lot of land doesn't mean people want to live where the land is. Think about it another way. If you work in San Francisco, having land to build up on 60 miles away doesn't help you. At all. You'll be in the car longer than you're at work. You probably want to live at least somewhat close to work so your commute doesn't suck. You know who else feels that way? Every other person working in San Francisco.
Affordable homes do exist in California. Bakersfield, Chico, Clovis, and other areas located more in-land/further from the coast have way cheaper homes. But that doesn't really help if you work in Palo Alto or LA. Location, location, location.
- Anonymous8 months ago
Rent control that now will prevent more housing from being built. It will be worse now.
- StephenWeinsteinLv 78 months ago
Because there's not a lot of land where the jobs are. Most of the land is too far away.
- linkus86Lv 78 months ago
Supply and demand economics. Having land to build upon further from city centers doesn't mean there is a demand to have it developed. There is a point where the commute to work becomes too far, making all housing at that point and progressively closer, in higher demand.
- 8 months ago
Democrats and extreme regulation for property development.