Nearly everything is downstream of housing.
Housing isn't one problem among many, but the one sitting beneath most of the others.
The Housing Theory of Everything [1] proposes that housing shortages meaningfully contribute to low productivity growth, economic inequality, and falling fertility rates.
Local entitlement barriers have hampered housing supply and product diversity throughout the San Francisco Peninsula.
We believe that the housing deficit will cause decreases in all aspects of quality of life at an exponential rate without change.
[1] The housing theory of everything by John Myers, Sam Bowman, and Ben Southwood
Housing prices have outpaced every other category.
The cost of a home relative to income has exponentially outpaced the cost of all other durable goods over the past 50 years.
This divergence is driven entirely by the limit on supply driven by geographic and entitlement barriers.
We have fewer housing options than ever before.
Entitlement barriers are the main driver of limited housing product diversity. Nationally, 34% of new housing supply is in large apartment buildings, as pictured above. This figure was just 10% in 2005.
On the San Francisco Peninsula, the diversity is even worse — 88% of Peninsula housing supply in the last 10 years is in large apartment buildings.
Ramsay is building opportunities for families.
Ramsay Land Company is a new platform to deliver more diverse housing solutions for families on the San Francisco Peninsula. This is part of our goal to meaningfully add new housing supply to many communities in California.
We believe that housing policy in California has made great strides toward allowing diverse and impactful in-fill developments. Our platform is positioned to turn advancements in technology, construction, and regulation into thriving housing developments.
Housing deficits carry far-reaching consequences.
