Yes but it’s more than just housing. Cost of doing business factors in as well. Of course, with the LA County fires the State of California is certainly having its hands tied. Costs this, costs that, it all ties up together.
I’d rather Democrats not be singular on this agenda. Let initiatives like AI regulation be done at the federal level while the state level be laser focused on addressing the costs of running a business and housing. Both Main Street businesses and corporations factor in.
California does have to prioritize, but I think that its tradition of being the first to push pro-consumer or environmental regulation is great and a fine thing to maintain.
Business operating expenses are going to have a high correlation with housing expenses. It's not a 100% overlap in the venn diagram but it's rather substantial. The higher housing costs, the higher salaries need to be to attract employees. Higher housing costs also strongly imply that land and construction will be more expensive.
Housing costs are driven up in a good portion because of demand. Then there’s also limited space to build housing as well as other factors such as limitation of single-family housing.
Business operations are completely separate from residential housing. This particularly applies to taxes, some of which btw cities like San Francisco are trying to lower or outright eliminate. If there’s correlation with housing, it’s because of salaries and investment the business owners/CEOs/founders make in the business. Otherwise, no correlation.
Residential businesses on the other hand most certainly have correlation with housing. Naturally, it’s all dependent on the salaries and flexibility residents have in paying for rent.
You hit on the most urgent problem California needs to tackle: the housing crisis. That and the ravages of global warming, especially fires.
Yes but it’s more than just housing. Cost of doing business factors in as well. Of course, with the LA County fires the State of California is certainly having its hands tied. Costs this, costs that, it all ties up together.
I’d rather Democrats not be singular on this agenda. Let initiatives like AI regulation be done at the federal level while the state level be laser focused on addressing the costs of running a business and housing. Both Main Street businesses and corporations factor in.
California does have to prioritize, but I think that its tradition of being the first to push pro-consumer or environmental regulation is great and a fine thing to maintain.
The good regulations need to be kept and the bad need to be repealed.
That's always the case everywhere, right? The debates will be about which regulations are good or bad.
Sure. I agree.
Business operating expenses are going to have a high correlation with housing expenses. It's not a 100% overlap in the venn diagram but it's rather substantial. The higher housing costs, the higher salaries need to be to attract employees. Higher housing costs also strongly imply that land and construction will be more expensive.
It all loops back to housing costs.
It also has a huge effect on rents, which can be a tremendous business expense!
Not always.
Housing costs are driven up in a good portion because of demand. Then there’s also limited space to build housing as well as other factors such as limitation of single-family housing.
Business operations are completely separate from residential housing. This particularly applies to taxes, some of which btw cities like San Francisco are trying to lower or outright eliminate. If there’s correlation with housing, it’s because of salaries and investment the business owners/CEOs/founders make in the business. Otherwise, no correlation.
Residential businesses on the other hand most certainly have correlation with housing. Naturally, it’s all dependent on the salaries and flexibility residents have in paying for rent.