As a housing supplier, it is in my financial interest for the government to continue to block development of new housing at a scale commensurate with demand.
However, as an American who loves cities, in general, and Los Angeles, in particular, I am strongly in favor of loosening restrictions on development. More housing equals lower rents, which means more people can afford to live in cities, where their hours will be spend more productively, etc.
So it was with great pleasure that I read about Scott Weiner’s proposed state legislation to forbid municipalities from restricting development around mass transit.
This is the kind of revolutionary change required to address CA’s housing crisis. And it won’t cost the state anything.