David Sacks

Absolutely nuts to me.

Let's get into the housing question.

I mean, what is the core of the housing affordability problem in California?

Is it that we don't have enough houses?

If I see a lot of homes for lease, a lot of houses for sale, a lot of houses for rent, or is it that we have regulation that makes it hard to maintain a house and it's expensive?

Or is there something else going on that's making housing unaffordable in California?

Like what's the core here?

I think this is so important.

People don't understand how expensive.

Someone told me it was like a sizable percentage of GDP in the United States.

is spent on litigation and trial lawyers.

And that they are the largest donor in certain state elections all over the country to try and create a legal framework that allows them to pursue litigation and earn significant fees.

I mean, it's a multi, multi, multi-billion dollar industry.

Right.

Is it fair to say we have a regulation crisis, not a housing crisis in California?

I mean, is there a way to kind of reframe this?

You know him?

I know of him.

Yeah, Dr. Drew.

What was the term he used?