If people had "skin in the game" with regards to the housing market you'd see a lot more people out ensuring an adequate supply of houses are constructed. Inste

If people had "skin in the game" with regards to the housing market you'd see a lot more people out ensuring an adequate supply of houses are constructed. Instead, you have large amounts of people living off of Prop. 13 and rent control "subsidies" who are actively opposing new housing construction. We need to slowly phase out these "subsidies" to ensure that people making the policy decisions also live with the consequences (whether they be positive or negative). There are many other metro areas in the U.S. that don't have Prop. 13-style controls or rent control, and have a much larger supply of affordable houses.