What the billionaires planning a new Bay Area city can teach us about California housing

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The Bay Area tech titans' plan to create a utopia in Solano County contains a kernel of wisdom about the kind of suburban growth the state wants and needs.

The state still suffers from high rents and a disproportionate homeless population. But there are signs of progress in Los Angeles, San Diego and other cities.To encourage growth where it’s happening naturally, the state could create a “Housing Opportunity Area” comprising the Central Valley and Inland Empire, subject to more liberal rules than the coast. Land costs are far lower in the interior of the state than in metropolitan Los Angeles, San Francisco, San Diego and San José.

The rise of remote work means development away from urban centers is far more plausible and less environmentally toxic than in the past. Indeed, thesuggests that if everybody able to work from home worldwide were to do so just one day a week, it would save around 1% of global oil consumption for road transport per year. That would prevent 24 million metric tons of annual carbon dioxide pollution, equivalent to the bulk of greater London’s emissions.

 

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