Two interesting articles
Thomas Sowell, Senior Fellow at Stanford University’s Hoover Institution recently published two articles focusing on San Mateo County and its restrictions on development.
A Relic of the Recent Past, while focusing on Foster City, says while Foster City is something of a triumph—a beautifully laid out community of attractive homes and condominiums, with parks and lovely lagoons on which boats sail, and miles of bicycle paths—it is also a reminder of the tragedy that no such community can be created today in many places, including the county in which it is located.
Again, using Foster City as its primary example, Who Can Afford It? states that it is the land, rather than the houses that are built on it, which has become astronomically expensive in places with extreme “open space” laws and other severe restriction on the use of land. In some places without such laws, a house can be bought for a fraction of what that same house would cost in parts of California.
Read A Relic of the Recent Past
Read Who Can Afford It?