California Housing Regulations
California Governor Gavin Newsom acknowledges regulatory issues with building housing in the state, blaming misuse of regulations and lawfare by both political parties. He highlights progress on high-speed rail and emphasizes the need to address the supply-demand imbalance to tackle the affordability crisis.
Key Points
- Progress on high-speed rail
- Challenges related to eminent domain and environmental issues
- Historical context of regulations established in the 1970s by Republicans
Pros
- Acknowledgment of regulatory issues with building housing in California
- Recognition of the need to address supply-demand imbalance for affordability
Cons
- Blaming misuse of regulations and lawfare on both political parties