Progressive politicians in NYC and LA are pushing a "housing socialism" platform that promises rent freezes alongside new construction — but developers say the math is impossible, since frozen rents make new buildings financially unviable. Meanwhile, investigations into San Francisco's affordable housing nonprofit complex reveal a web of undisclosed LLCs, ballot harvesting, and millions in city contracts flowing to organizations that produce little housing. The same NIMBY forces blocking homes are now killing data center projects, with 25 canceled in 2025 alone, representing an estimated $1 trillion in lost AI infrastructure value.
NYC and LA progressives promise rent freezes plus new construction. Every city that's tried gets ghost apartments instead.
They are accused of harvesting grandma's ballot, pocket $777K salaries, and wield incredible political power in San Francisco. All on your tax dollars.
While virtue signaling politicians and their donors sip champagne, real builders walk the fire rubble of Pacific Palisades and work with startup founders to create jobs
Fareed Zakaria just said the quiet part out loud: blue cities are out of control. But San Francisco might actually be charting a different course.
Housing NIMBYs already took 36% of GDP. Now the same playbook is blocking the AI economy. The states that figure out how to share the upside will win the future.
Zohran Mamdani will increase net spending to defend 3 core policy pillars that are destined for failure
Cities skim $300 million a year in fees from affordable housing projects, then wonder why we can't house families.
San Jose built ZERO market rate homes in 2024. Then Matt Mahan cut the fees, and everything changed.
Berkeley economists calculated the exact cost of housing cartels. The receipts are in—and they're devastating.
San Jose's mayor reduced homelessness by a quarter while Sacramento fumbled. Now he's bringing receipts to the governor's race.