Meanwhile bureaucracy keeps raising construction costs. Green Building Mandates Will Increase the Cost of Housing in California - Pacific Research Institute
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haha. PG&E is dragging its feel interconnecting my friend’s solar in the south bay. what hot mess. and I work on this (my background is DER management/microgrids)
why does your friend want to push energy to PG&E’s grid? I think going solar was all about self sufficiency and going green - not interconnecting with PGE?
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It is expensive to go off the grid. Batteries are $20k, solar $20k, backup generator $20k. And most houses need two batteries. Total $60-$80k. Hooking up to PGE only $20k. Obviously a small house could be cheaper but not much. If your annual PGE bill is $10k maybe worth it. But $1k no way…
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Than can I say that my earlier assertion that all this solar thing is a ploy to extract money from others. A scam camouflaged as green.
A possible political objective is to shake off from oil which are controlled by those not so friendly with USA.
US was a net exporter of oil before Biden took office.
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If this indeed is a political agenda, it is so misguided and defies logic and facts. Like any market, oil market is also a pure business. Anyone is willing to sell to USA, but the problem is when USA brings non-business agenda into business dealing - like I will not buy your oil if you run a communist government. All these oil producing companies will supply cheap oil if we let them be who they are . Just like USA is finally accepting Afghanistan for what it is. it is good for American taxpayers that American left is now coming to senses.
Your house value is also more than 50% higher than last few years. What’s the problem?
For decades, America’s car-centric culture was powered by foreign oil, including imports from the volatile Middle East, as well as countries like Mexico, Canada, and Venezuela. Accordingly our foreign policy — including two wars with Iraq and an unwavering devotion to Saudi Arabia — was driven by the imperative to secure the steady crude flow of crude. In 2005, American net oil imports peaked at 12.5 million barrels a day.
The United States became a net oil exporter in 2020 — marking the first time in the 70 years the government has tracked the trade in petroleum that America shipped more oil abroad than it imported. This sea change, highlighted this week by the Department of Energy, marks America’s emergence as a petroleum superpower at just the moment when new leadership in the White House is attempting to convince the world to transition away from fossil fuels to curb runaway global warming.
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Looks like a decade-plus long trend.
Problem is no can afford to build. Wages up 50%, lumber up 50%. Wages for most buyers are mot up 50%. I am thinking about buying gold coins and silver bars. I heard Nevada Coin is a good place to buy. Gold is at $1800 still below ATH. Problem is the commission spread.
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US greenhouse gas emission peaked over a decade ago. They might want to start looking for a new root cause.
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Plenty of builders are still building new homes. Certainly not “nobody”. If not Lennar etc will all go out of business. They seem to be doing fine.
They are 5million homes behind. Name one new housing development in the BA? peninsula? South Bay?
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You sure the dearth of new homes in the Bay is due to lumber prices? I suspect it’s more like the NIMBYs suing them and keep heaping fees on them that drive them away?
Anyway, even in this difficult environment builders are still building. I posted not too long ago:
I couldn’t even get the primer paint I needed today, shortage…… I can’t imagine how difficult it is to get all the materials needed to build a house. Here are new homes. I wonder if any are actually available. Waiting list?
In Oakley, numerous new build communities are in progress. Max delay is 1 month in my community (planned to build 154 homes)
Could you be overstating? 5 million homes translate to 20 million people. It is half of California’s population. Do we have half of California’s population homeless?