> I don't know what you would call this system but LA's problem is that the folks that have the power to fix housing have zero interest in doing because it woul

> I don't know what you would call this system but LA's problem is that the folks that have the power to fix housing have zero interest in doing because it would hurt their self interest. This is generally referred to as NIMBYism. And yeah, it’s a problem, but particularly in California where property values have skyrocketed to the point homeowners can’t afford to give up their nest egg because then they’d have nowhere to live.