Across the United States, we hear we’re facing an affordable housing crisis. Little children, like three-year-old Ethan Wood, are living in tent cities with their parents, some of whom are seeking a fresh start after extensive battles with drug abuse. Then there are others, such as Emilee Broll, who has a full-time job with the federal government yet is still…
California governor Gavin Newsom recently signed into law a sweeping measure that limits rent increases to 5% plus inflation per year and also restricts landlords’ ability to terminate lease agreements. Leaving aside the ethic of property right curtailment, the new law represents a doubling-down on demonstrably failed policy. More than ever, the answer to California’s housing shortage is freer markets,…