Morgan Housel

I wonder if, I agree with every word you said, but I wonder if you and I, and I don't think we ever will, were suddenly the governor of California or the mayor of LA.

I never will too.

But I wonder if you and I would say, I get it now.

So no, I would still believe the principles.

I just would never get elected.

Oh, yes.

Let's say we are magic wand.

I anoint you the mayor of LA tomorrow and you say, I'm going to eliminate all zoning laws.

There's probably a lot of brick walls that you and I don't know about.

I don't want Ferris wheels next to my backyard.

It should drive everybody mad.

I'll give you a devil's advocate.

Please.

And it is a devil's advocate because I think you and I are in firm agreement.

We moved houses, my family, about a year, year and a half ago.

And our old house, which we loved, it was awesome.

The backyard was this big green belt backed up to a forest, beautiful trees, awesome, loved it.

Very soon after we sold that house, we learned that a developer is putting up 28 homes just behind what used to be our backyard.

Now I am a YIMBY, build, we need millions of homes.

And so there's half my brain that says, good, we need more homes.