California suffers from over population. There really isn’t enough resources to support people as well as industry(including tech) in California. Resource opti

California suffers from over population. There really isn’t enough resources to support people as well as industry(including tech) in California. Resource optimization can only occur with automation. For a tech paradise, we are woefully outdated compared to other global tech centers. We don’t even compare favourably with places like Asia. The housing situation in CA is because we have been brainwashed into home ownership. It’s not for everyone. Only a few can afford it truly. Renting is the best economic choice. Unaffordable housing in California is due to the speculative frenzy for home ownership and also partly due to foreign ownership of speculative assets. There will always be the landed gentry and they are necessary for the stability of an economy because they already own the land. When people ‘own’ their little homes splintered only to give them the satisfaction of ‘home ownership’, it is a lie. What happens is instead of land owning citizens collecting rent, banks collect interest on mortgage. It is a macro economic move. It means that the state is leaking $$$ and there is Big Govt that needs revenue for its bloated departments. It also means that interest rates are being manipulated. It has nothing to do with home ownership. I would rather pay rent than pay interest. My controversial take is that I prefer the landed gentry who are rent seekers than be sucked into a fake ownership agenda that is really the govt with the central banks milking interest and more taxes. It’s usury. It only benefits banks and governments. Not tax paying citizens. If anything, California suffers from the wokeness curse. It’s debilitating when rational thought is sacrificed at the altar of political correctness. I am on the side of giving the govt as little powers as possible to operate. Their essential functions should law and order, infrastructure maintenance and social services to bring the marginals up to the center. If they have to be involved in housing, it should be like in Singapore. The govt builds high income, medium income, low income homes in high density townships and offer them at 99 year leases. This would guarantee homes without participating in the speculative home market. But this would never happen in America because the real problem is interest rate fixing and a tap called property taxes that can never be turned off. They are playing us and turning us against each other.