Newsom just took a page from Trump. But there’s more to do to keep California a golden state
Fox News
Newsom's update to California's Environmental Quality Act streamlines review processes, yet leaves lawsuit abuse loopholes and single-family housing regulations untouched
Michael Feuz is a key member of ITR Economics’ team of expert economists and consultants. Michael majored in business administration at Franciscan University of Steubenville and earned his master’s degree in economics from George Mason University.
Critics and the homebuilding industry have long blamed this cumbersome policy for California’s long-running housing shortage, sky-high real estate prices, and even the state’s infamous homelessness problem. As a free-market economist, I applaud Newsom for defanging some of his state’s most burdensome measures – but he should go much further to a) help his constituents and b) shore up his national moderate bona fides as he likely runs for president in 2028.
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