According to The Atlantic, "California Senate Bill 50, winding its way through the state legislature again this month, could generate tens of thousands of new jobs and billions of dollars of new investment, reshaping the geography of the biggest state and solving a large chunk of the cost-of-living crisis the Trump administration has assiduously avoided addressing by, essentially, forcing California communities to allow more construction."
"Based on the housing-unit-to-population ratio in similarly wealthy and urban states, such as New York and New Jersey, California is short 2 million to 3.5 million housing units. (California has 358 homes per 1,000 people, whereas New York and New Jersey each have more than 400.) Right now, the state ranks 49th in units per capita, behind only Utah."
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