[WalterBright]

High housing prices are the result of a housing shortage. The shortage is the result of government zoning, regulation, and slow-walking building permits.

(Apparently California has only issued 4 permits so far for people to rebuild after the fires.)

[sien]

Which worth comparing to Texas where building is allowed.

Texas's population has also gone from ~20M in 2000 to ~30M today.

With no zoning a place like Houston has shown what can be done by encouraging building.

Austin recently has also done well with allowing more building.

[kiba]

Luxuries are cheap and getting cheaper. Basic necessities like housing are increasingly expensive. That's where most of the inequality is being felt by people.

That's why we're in this predicament.