Newsom Blames ‘Supply Demand Imbalance’ for Building Homes in Texas Being Much Easier than in California

‘That supply demand imbalance is next level in California’

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    EXCERPT:

    NEWSOM: “And that supply 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 racket, 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. They don't want density. They don't want other people moving in. They don't want any infrastructure built around it as it relates to transportation.”