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E92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more
All-In with Chamath, Jason, Sacks & Friedberg
California Housing Is Too Hard to Construct in California
The permitting process is Byzantine. It takes years. All those delays cost money. The tenant rights movement has gone so far that landlords basically can't, you know, it's almost impossible to evict anybody. No one wants to build these multifamily buildings or buy them in the state of California. So there's a lot of reasons why people don't want to invest in more housing in California.
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