Transportation and land use, transportation and housing. Of course. It's intimately linked. The effect that we're talking about where transit increases the land use value is amplified in a place where you have low supply overall. And because at least in California, we've done a pretty poor job of building adequate housing overall, that effect is even more distorted. So if people we build enough supply, then we're not going to get there.
Seleta Reynolds, General Manager of the LADOT joins Adam this week to talk about Elon Musk's boring tunnel, the "vomit rule" and induced demand. Plus, learning from The Lord of the Rings, the issues with Uber and Lyft and being a subway boy vs a bus boy.
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