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Podcast: News For Reasonable People
Episode: EXPOSED: Why SF's $1M Housing Units Won't Drop Prices
Description: Here we go again with another brilliant progressive solution that defies basic economics! A new San Francisco study just confirmed what anyone with common sense already knew: building more expensive housing won't magically make housing affordable. We're diving into how the "Yes In My Backyard" crowd's grand plan to solve the housing crisis with $750,000 cereal box apartments is about as effective as using a Band-Aid on a gunshot wound. When your base construction cost is three-quarters of a million dollars per unit—thanks to layers of bureaucratic red tape, sky-high labor costs, and environmental virtue signaling—how exactly does buil...