US Politics
The California Housing Catastrophe: How Good Intentions Built a Wall of Poverty
California's severe housing shortage and exorbitant building costs, averaging $430,000 per unit, are a primary driver of poverty for millions, yet a new study reveals that inclusionary zoning policies intended to help have backfired catastrophically. It is a heart-wrenching betrayal of the people's trust when well-intentioned government mandates, celebrated by politicians, are proven to strangle the very supply of housing they claim to champion, imposing a hidden $800,000 tax on struggling renters for every affordable unit created.
