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Gavin Newsom: “They want more housing so that the cost of that housing goes…”

Featuring: Gavin Newsom, Democratic | Governor of California

In-Studio Discussion with Ezra Klein and Gavin Newsom on 'Abundance' and Democratic Governance

Published March 26, 2025 | Video Starts at 1:04:52

Because I mean, if I have another press conference about how much money we're spending on homelessness, they're going to take my head off. They want to see encampments off the damn street. That's what they're measuring by. They want more housing so that the cost of that housing goes down because there's more supply. They don't give a damn about the process. They don't know what a NOFA is or a no fo. They don't care about any of that stuff. (1:04:52–1:04:58)

CLAIM

Asserts that increasing housing supply is a public demand to reduce housing costs.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Gavin Newsom

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“We had the i10 which we got done in eight days.”
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“18% of the world's R and D is in this state.”
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“Only two countries have more R and D and that's Germany and China.”
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“This is a state with 41% more manufacturing output than the state that tends to get a lot of credit in Texas.”
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“Texas, by the way, takes $71.1 billion of federal money from taxpayers. We give $83.1 billion.”
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“Half of the unicorn companies in the country are in California.”
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“16 states tax their poorest residents more than we tax our top 1%.”
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“If you can build a sports stadium with these new rules and fast track a judicial process... it should work for homelessness, it should work…”
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“I announced that day an effort to sue up to 47 cities.”
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“We started with one, Huntington Beach, California.”
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“In the state of California. We're simply not building enough housing.”
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“Here is the legally binding goal, 2.5 million units by 2030.”
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“We've taken 800 actions, that's why we've unlocked 7,500 units and that's why we have advanced 42 CEQA reforms.”
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“I don't think there's been a more YIMBY governor in California's history.”
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“We are, as a state, finally intervening in ways the state has never intervened in the past.”
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“775,000 manufacturing jobs, just the job growth generally.”
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“The fact that Chips and Science act is producing real results as it relates to private sector investment.”
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“We finally have an industrial policy that is worker centric.”
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“I have been as critical or more than you have about [high speed rail].”
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“The original vision [for high-speed rail] was not Obama. It wasn't even necessarily Jerry Brown.”
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“Arnold Schwarzenegger, Republican, puts a bond on the ballot in 2008 and the voters approve it.”
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“There was a lot of promotion of promise, $33.6 billion, two hours and 20 minutes downtown by 2020.”
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“There's scarcity of resources, there's an abundance of delay, there's an abundance of cost overruns.”
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“The Central Valley...was stipulated as a requirement under the Obama grant, the $3 billion.”
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“The entire environmental clearance is now 100% done. L A to San Francisco.”
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“We're just announced, we're doing railhead, we're finally laying the tracks.”
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“Governor Ronald Reagan established the California Air Resources Board.”
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“Richard Nixon affording California a waiver so that we can address the unique air quality concerns.”
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“I have a 270 day judicial review process that we pushed, we worked it for its first use case was the first above ground storage facility in…”
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“The second quite literally a week ago for 300 megawatt solar, large scale solar facility which we are testing it, hardly perfect, but that…”
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“We did full electrification of Caltran. $714 million, 51 miles. We got all the environmental work done.”
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“We're finally getting that first 119 miles done. We'll get to 171.”
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“It's a $6.5 billion gap. We have a strategy to address that.”
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“A lot of innovation happened during COVID, including on land use.”
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“40% of our residents pay lower taxes than in Florida and Texas.”
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“This notion that everyone's leaving is complete bs.”
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“We're going to get the damn thing [high-speed rail] done.”
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“The affordability issue is the core of 90% of California's real and structural problems.”
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