That would somehow actually make things worse. As it is, at least in unaffordable California real estate areas, the cost of construction is far higher than the

That would somehow actually make things worse. As it is, at least in unaffordable California real estate areas, the cost of construction is far higher than the price of a comparable house. We need permitting and zoning reforms and also need to train more construction workers. That would lower the price of new construction to below the price of existing houses, which would make it economically rational to build houses. I’m not speaking hypothetically. The temporary house price collapse in 2008 caused a lot of tradespeople to move to other fields. That is directly responsible for the current construction labor shortage.