Intractable Problems? Let’s Look at the Cost of Housing
Yesterday, I showed how California Government, currently under the control of Democrats, increases the cost of gasoline through taxes, fees, and regulation, all things that are under the control of the State Government. The majority in the Legislature and the Governor have created the high cost gasoline in California (all the while blaming oil companies for the actions of the politicians).
Today, we’ll talk about the cost of housing. Once again, the increasing cost of housing is created by massive housing shortages throughout the state, and those shortages are caused by government fees and regulations. So what is the majority blaming for the high cost of housing? Once again, they blame the private market, a market they have severely controlled and regulated.
I would like first to make this observation to put the housing issues in a context. The cost of housing plays only a minor role in the homelessness crisis in this state. The major causes of homelessness are mental illness and substance abuse. That is why the Democrats’ solutions to crisis, that is, to build homeless shelters and give the homeless money don’t work. The mentally ill… Read More