Price controls won't build homes in L.A.

Summary

Nutrition label

70% Informative

California Gov. Gavin Newsom waived burdensome California Environmental Quality Act reviews and Coastal Act requirements for properties damaged and destroyed by the fires.

Newsom also declared a state of emergency that triggered various provisions of California 's anti-price-gouging law.

Market-clearing prices for goods and services are not determined by input costs, they are driven by supply and demand.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

https://laist.com/news/housing-homelessness/los-angeles-housing-rent-control-increase-caps-rso-limits-economic-roundtable-report https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PEN&sectionNum=396 https://www.gov.ca.gov/2025/01/12/governor-newsom-signs-executive-order-to-help-los-angeles-rebuild-faster-and-stronger/https://www.caloes.ca.gov/office-of-the-director/policy-administration/legal-affairs/price-gouging/https://www.chicagobooth.edu/review/in-praise-of-price-gouging https://www.grumpy-economist.com/https://www.hud.gov/program_offices/comm_planning/affordable_housing_barriers https://www.bbc.com/news/articles/cz0l4pkrrm9o

Source diversity

laist.com leginfo.legislature.ca.gov www.gov.ca.gov www.caloes.ca.gov www.chicagobooth.edu www.grumpy-economist.com www.hud.gov www.bbc.com

Affiliate links

https://www.amazon.com/gp/browse.html/ref=as_li_ss_tl?node=283155&ref_=nav_em_T1_0_4_26_1__bo_t3&linkCode=ll2&tag=reasonmagazinea-20&linkId=b3be9c8cbe1d97db00ace57b40ed8993&language=en_US

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Price controls won't build homes in L.A.

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