Gavin Newsom: “In the state of California. We're simply not building enough…”

“I completely agree. This notion of the supply demand imbalance, I mean, you're making an Econ 101 argument and that supply demand imbalance is next level. In the state of California. We're simply not building enough housing. And that goes to. I mean, and you correctly identify NIMBYism and people, you know, incumbent protection rackets, so to speak, not just from a corporate perspective, but someone who's very satisfied with their backyard and their views and their home and their community.” (06:05–08:22)

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