Your intuitions are right, so let me save you some homework on the housing issue. Either we have to embrace policies that encourage more building (and potentially clog our roads, pollute our air and overrun our infrastructure), or we have to accept the fact that not everybody is entitled to live at the beach. It might seem unfair, but capitalism has always been the best arbitrator of who should live where — not mistaken government policies that unfairly deprive property owners and future renters of their rights to be rewarded for their hard work.

Source: Los Angeles Times January 04, 2019 01:52 UTC