This is one of those things that sounds nice at first - especially as a soundbite. But, it's clearly a NIMBY move to protect existing home owners financial asset. It's a clever trick to protect existing home owners even more by making new development even more difficult and expensive while making it look like it's an environmental move. Tack on $30k in expense to any new home development and (probably) some lovely legislation about how it has to be installed. On top of this, now they're "encouraging" all-electric homes. What does that mean?! No gas range?! Please, god, no. Why not enforce this legislation on existing home owners, raising the property tax to fund solar farms, enforce better building standards on existing homes, or /something/ that would actually have a substantial effect on the environment? Cause, that ain't helping existing home owners or helping push their home prices even higher.
As a renter who wishes to have a home /somewhere/ in the bay area, this is killing me inside. The existing home owner lobby is so ridiculously strong here. California has the Superman of home owner lobbies. Each day, it's nailed into me that Prop 13 will never go away and home prices are just gonna keep climbing so that non-1% income outsiders cannot get them. Meanwhile, estates will be passed down generation by generation tax free and with no reassessment.
As a renter who wishes to have a home /somewhere/ in the bay area, this is killing me inside. The existing home owner lobby is so ridiculously strong here. California has the Superman of home owner lobbies. Each day, it's nailed into me that Prop 13 will never go away and home prices are just gonna keep climbing so that non-1% income outsiders cannot get them. Meanwhile, estates will be passed down generation by generation tax free and with no reassessment.