$154,120: Minimum income needed to afford median-priced OC SFR (San Diego, San Francisco: condo, house)

[man4857]

Originally Posted by payutenyodagimas

unless you are going to tear down existing houses and commercial center, that's the only way to find lands for hi density housing

Yes and that's the only way to do it. When I say high density housing, it doesn't require much land to fit over 1000 people into a skyscraper. A small amount of land that SFRs sit on will give you that. The only problem is: investors are against this and NIMBYs.

Increasing the supply of housing lowers housing prices and investors (which include a few in this thread) will hate it. So the people will have to decide politically how to craft the laws and rules to decide who's interests has priority.

[expatCA]

Originally Posted by man4857

Yes and that's the only way to do it. When I say high density housing, it doesn't require much land to fit over 1000 people into a skyscraper. A small amount of land that SFRs sit on will give you that. The only problem is: investors are against this and NIMBYs.

Increasing the supply of housing lowers housing prices and investors (which include a few in this thread) will hate it. So the people will have to decide politically how to craft the laws and rules to decide who's interests has priority.

Won't lower the price. The ones being built are expensive and there are people willing to pay.

[man4857]

Originally Posted by expatCA

Won't lower the price. The ones being built are expensive and there are people willing to pay.

The prices will go down once you build enough. It just won't happen in your or my lifetime. It'll take decades to see a difference if the policies to encourage building higher densities stays the same throughout those years.

[Electrician4you]

Originally Posted by man4857

The prices will go down once you build enough. It just won't happen in your or my lifetime. It'll take decades to see a difference if the policies to encourage building higher densities stays the same throughout those years.

You would need to build not only enough to meet demand but also push past that to actually create a surplus.
ITS NEVER GOOOOINNNGGG TO HAAAAAAAPPEN. It just isn't. You CANNOT just build all these "high rises" without the need to expand the ibfrastructire of utilities, streets and freeways. You can't just build all this housing but have no way to get people to and from. Not to mention the services required to support that amount of people (cops firefighters doctors, hospitals, restaurants etc)
You can't just build something threw a extra 40,000 people and not expand the support infrastructure. All this **** costs money. A lot of it

Ok here is a fact. To build a 200/250/300 unit multi use building takes (on a fast accelerated schedule) 5-6 months to build that complex. That's a balls out 10 sometimes 12 hour 6 days a week schedule. And there are always setbacks. Always. And believe me the quality of work suffers greatly. You can only build stuff so fast. The problem gets compounded when you do not have the experienced labor pool to draw from. Contrary to popular belief you need trained and experienced people to build a structure. It's not fast food

[LuvSouthOC]

Originally Posted by Electrician4you

You would need to build not only enough to meet demand but also push past that to actually create a surplus.
ITS NEVER GOOOOINNNGGG TO HAAAAAAAPPEN. It just isn't. You CANNOT just build all these "high rises" without the need to expand the ibfrastructire of utilities, streets and freeways. You can't just build all this housing but have no way to get people to and from. Not to mention the services required to support that amount of people (cops firefighters doctors, hospitals, restaurants etc)
You can't just build something threw a extra 40,000 people and not expand the support infrastructure. All this **** costs money. A lot of it

Ok here is a fact. To build a 200/250/300 unit multi use building takes (on a fast accelerated schedule) 5-6 months to build that complex. That's a balls out 10 sometimes 12 hour 6 days a week schedule. And there are always setbacks. Always. And believe me the quality of work suffers greatly. You can only build stuff so fast. The problem gets compounded when you do not have the experienced labor pool to draw from. Contrary to popular belief you need trained and experienced people to build a structure. It's not fast food

They think they can bulldoze everything there is. That's the HUD Obama era mindset and it is what they planned. We must not allow it to happen.

[FirebirdCamaro1220]

Originally Posted by LuvSouthOC

They think they can bulldoze everything there is. That's the HUD Obama era mindset and it is what they planned. We must not allow it to happen.

How do you think Manhattan got to look like it does today? Do you think that every building there now was always there?!?

Btw, your NIMBY mindset is what causes the high prices in the first place

[Electrician4you]

Originally Posted by LuvSouthOC

They think they can bulldoze everything there is. That's the HUD Obama era mindset and it is what they planned. We must not allow it to happen.

Yeah even if you bulldozed everything what are you going to do with the people already there?

Originally Posted by FirebirdCamaro1220

How do you think Manhattan got to look like it does today? Do you think that every building there now was always there?!?

Btw, your NIMBY mindset is what causes the high prices in the first place

Absolutely the nimby mindset caused high prices. And that's fine. I'm sure in some people's dream world people would want get to live in a beach house and buy it or rent it for the same price you would pay for a little house on the prairie. Yeah it doesn't work that way. If someone wants to move to a highly sought after area you're going to simply pay to live there. Cant afford it? Don't nowcwhatvto tell you. Life's not fair?

Even if they could build the housing to meet the demand, the demand isn't just going to stop. The demand will always be there. So let's assume we can meet housing construction as fast as the demand for it. That means that every portion of the infrastructure grows fast enough to keep up to demand. It's just not happening.
I built a hospital tower a few years back. It was a one year project. Cost was 21 million dollars.
School buildings take 6-8 months.

You guys think you can just throw up some buildings and costs are going to go down now and things will be affordable. You're dreaming.

[expatCA]

Originally Posted by FirebirdCamaro1220

How do you think Manhattan got to look like it does today? Do you think that every building there now was always there?!?

Btw, your NIMBY mindset is what causes the high prices in the first place

Well it only took a hundred years or so for that to happen, so maybe your great grand kids will see it.

Before you bulldoze you have to buy the property and that ends the issue right there. Not enough money available. Then as pointed out the infrastructure and more cost an astronomical amount. Plus permitting would take a few more decades. NIMBYism has nothing to do with it.

[Electrician4you]

Originally Posted by expatCA

Well it only took a hundred years or so for that to happen, so maybe your great grand kids will see it.

Before you bulldoze you have to buy the property and that ends the issue right there. Not enough money available. Then as pointed out the infrastructure and more cost an astronomical amount. Plus permitting would take a few more decades. NIMBYism has nothing to do with it.

The initial start up cost to build a new house in California runs a average of 100,000. Per house. We're already overcrowded. High rent and property prices is what keeps us from being overrun in people. Looks like people want low rent, high wages and perfect locations. Don't we all

[man4857]

Originally Posted by Electrician4you

You would need to build not only enough to meet demand but also push past that to actually create a surplus.
ITS NEVER GOOOOINNNGGG TO HAAAAAAAPPEN. It just isn't. You CANNOT just build all these "high rises" without the need to expand the ibfrastructire of utilities, streets and freeways. You can't just build all this housing but have no way to get people to and from. Not to mention the services required to support that amount of people (cops firefighters doctors, hospitals, restaurants etc)
You can't just build something threw a extra 40,000 people and not expand the support infrastructure. All this **** costs money. A lot of it

Ok here is a fact. To build a 200/250/300 unit multi use building takes (on a fast accelerated schedule) 5-6 months to build that complex. That's a balls out 10 sometimes 12 hour 6 days a week schedule. And there are always setbacks. Always. And believe me the quality of work suffers greatly. You can only build stuff so fast. The problem gets compounded when you do not have the experienced labor pool to draw from. Contrary to popular belief you need trained and experienced people to build a structure. It's not fast food

It's never going to happen if people like you don't want it to happen. There's nothing in the law that prevents the market from building high-rises. Only laws, regulations set at the state and local levels. If that's the case, don't post articles or start threads like this because housing prices will OBVIOUSLY rise to ridiculous levels. Next thing you'll see, is you need an average income of 200K to buy a median priced home in OC. Surprise surprise?

Somehow the infrastructure in San Francisco and NYC functions pretty well aside from no freeways and tiny streets. What infrastructure are you talking about again? Again, I told you it's a slow process. Slow meaning DECADES. Not months or years.

Face it, it's YOUR way of life that's the issue. You think you can maintain the car-dependent culture in a high density area? Go ahead and keep spending useless tax money on more freeway widening projects which solves nothing as it currently is, let alone without any high density buildings yet. (How did those billions spent on the 91 freeway widening project go?)