Globally known economics prof at UCLA, Michael Storper, in today’s online issue of Planning Report published in Los Angeles and widely read by government officials and planners, says blanket upzoning won’t solve the affordable housing crisis and will fail. This is just one example of the many unintended consequences that proponents of blanket upzoning don’t take into account, and that is why it will fail

To quote Prof Storper: “Even with so-called affordability set-asides, the trickle down effect will be small and could even be negative in the highly-desirable areas, if the set-aside(in the range of 15-25% in current legislative proposals) is lower (or income thresh-holds higher) than the current pattern of lower-income, lower-cost housing in those areas compared to the new housing profile.”…….More