Xavier Becerra

And all it takes is for us to work together to make sure we are dropping costs.

It's far more than just labor.

There are a lot of things that are involved here, and we would tackle those.

Well, if we could get rid of the Trump taxes, the tariffs that are now being found illegal, that would help us reduce the cost of building materials.

If we could stop going to war in foreign countries.

It was high, but not as high as it is now.

And we can lower those costs.

Transportation and building materials is very expensive.

And so let's not disregard that we need Washington, D.C.

to be helping us.

But to your point, and remember, again, labor costs for most homes that are going to be built,

will not be based on simply the highest rates that you have in the large megaprojects.

The legislation that was passed by Assemblymember Wicks provided different ways to do this, which would make the labor costs affordable for developers.

We also have to deal with financing.

We have to have a stable source of financing.

We can't just do it one time.

I think the measure that Assemblymember Wicks is going to try to put on the ballot is good.

I think the measure that former Assembly Speaker- Can you describe what that measure is just for people not following?

$10 billion of bonding financing so that you could start building affordable housing.

The 40,000 units that Tom mentioned that are ready to go, except the financing, that $10 billion would be readily available to get those shovel-ready projects up and running, which helps give confidence to the California families that are looking to get into a place.