Saagar

They have never seen government help them make their life be better.

That is an absolutely critical point, and it's true.

There's no question about that, that people feel like – and I think you were talking about the train to nowhere.

People know that.

People think they'll never be able to afford a house in California, the average first-time home –

Buyers' age has gone from 28 to 42.

Young people think they'll never buy a house.

They don't think this state can work for them.

Why can't we build here?

I think people think there's this battle between the state government and local city governments.

How are you going to force building?

So let me say this.

As I know you've spent lots of time on my website, I don't have to go through every detail.

One of the things that I'm doing really differently about housing is I'm saying on day one,

I will call a special election to close a corporate tax loophole that's worth $20 billion, and that money will go to the states, to the counties and the cities.

And the reason that's important is there is a tussle between the state and the cities and the counties because the state wants there to be building of houses, but the cities and counties are responsible for the people who live in those houses, and they don't have the money for it.

And therefore, as a result of old tax rules,

they push back because they don't want to get stuck in an unfunded mandate or they put in an upfront fee that's up to 20% of the cost of the house.

What I'm saying is, okay, here's $20 billion around this state.

Now you can afford to have housing.