By John-Michael Seibler at The Daily Signal
March 16, 2018
Thomas Mahon never thought it would take 20 years to build two houses in California. But that’s exactly how long it’s taken—and his legal fight isn’t even over.
His fight shows how overregulation is driving the state’s current housing crisis. And some state politicians are promising to make things worse. The upshot is that other states can learn from California’s big-government failures and welcome ex-Californians with open housing markets.
State politicians know that building new homes is too costly, but they disagree over policy solutions. Some offer less regulation, while others promise more (including new housing quotas, more subsidized units, and reviving “redevelopment agencies” that the state eliminated in 2011 to save money). Less regulation would likely attract more investment for affordable housing, but a better bet would involve changing the state’s approach to property rights.
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