Matt Mahan

to do that.

And if you try to change it, another highly organized interest in Sacramento, the trial lawyers will push back on that.

That's right.

And California is very much at one end of the spectrum.

I mean, I've talked to municipal leaders in cities that are settling at such a high amount for a trip and fall that now they can't afford to maintain the rest of the sidewalks in the city for the next few years.

So they're going to have more trip and fall cases.

We are at risk of allowing travelers to sue the state into oblivion.

So it is a major issue.

And on condos, it may seem like a peripheral issue, but traditionally,

That has been how young people get some equity in society, become a homeowner for the first time and build that nest egg to eventually perhaps trade up into a townhome or a single family home.

We've essentially taken that rung of the ladder away by making it cost prohibitive to build.

Good luck getting financing or insurance to build a new condo building in California right now.

I think that's fair.

I think regulation, bureaucracy, a set of codes and laws that don't work for people and work for the special interests in Sacramento.

I interviewed this guy, Adam Carolla.

Because otherwise you'll get sued.

the gender content out of it.

But I think the deeper point that we suffer from safetyism, it's actually easier to add one more rule, one more process.

I see this play out every day with our city council at the local level.

And I think it's even a greater temptation at the state level where you're not able to point to a concrete service that you're delivering.