CALIFORNIA CLIMATE POLICIES CHILLING HOUSING GROWTH: State Supreme Court ruling will make California housing even pricier.
Exhibit A in the Drawbridge Effect. As James Delingpole wrote last year, “You’ve made your money. Now the very last thing you want is for all those trashy middle class people below you to have a fair shot at getting as rich as you are.”
By the way, you know what else is also pricier?