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Berkeley's a Very Regulated Area
i believe almost everything we do in our society is nothing but a thinly veiled transfer of wealth from young people to old people. We talk about income and equality, the generational inequality is really the epi centre of a lot of our problems. It's still a fantastic en ramp into a great middle or upper income life style if you take advantage of higher education. And while we've been able to scale Google 24% a year, we can't seem to scale our great public universities more than one % a year. I'm sorry, e no people who don't know the area, i taught at berkeleyto journalism class there one samester, just once. But housing prices have gone