Gavin Newsom: “A little less than 150,000, you're right, about 111, 100,000…”

“And then, then we created a legal framework of two and a half million. And it will come up. It's like 20, 30 and what is it, about 100, 150,000 units that are being created? A little less than 150,000, you're right, about 111, 100,000 [housing units]. And this isn't, this isn't rip on you. I mean, because. No, it's been a major national issue. No. And the macroeconomics of this, with interest rate environment, sort of post covet environment, made this housing crisis across.” (30:39–30:44)

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