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Watch out when people say "There ought to be a law/rule/regulation!". That's how CA got to where it is. One small rule at a time.

The speculators are here (in Austin) - houses are being sold within 24 hours of being listed, with offers $10k above the asking price. Just crazy.



> Watch out when people say "There ought to be a law/rule/regulation!". That's how CA got to where it is.

#12 out of 38 states by per capita income and GSP per capita, and #10 by median household income. Not exactly a bad place to be. (And, as that would suggest, much better than the US as a whole at all those measures.)




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