Is America Finally Waking Up to Its Government-Created Housing Crisis?
The people in San Francisco (for instance) don’t want new housing. New housing means new people and it also means that the relative value of their homes could fall.
Even The New York Times Editorial Board—hardly a friend of unfettered free markets—is on board with this narrative. “The United States is suffering from an acute shortage of affordable places to live,”… “perhaps the most important reason is that local governments are preventing construction.”