Ben Christopher
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Oct 14, 2026
POLITICO’s California Playbook | Tax Propositions 101 | Insight Studio Sessions: Jakhari Smith
20:59
21:06
21:11

Ben ChristopherGUEST
Yeah, these are all, I mean, it's helpful, I think, for voters just to think of these as all answering the same question in different ways.

Ben ChristopherGUEST
So Prop 40 is vote on that if you like the wealth tax, vote no if you don't.

Ben ChristopherGUEST
And Prop 41 and Prop 42 are what folks are calling countermeasures to Prop 40.
Housing on the Ballot
20:42
21:01
21:20
21:37
23:09
Mike BoninHOST
But as you said, there's a lot else in there, you know, Given that the sort of YIMBY movement has sort of taken a neutral position on it, is there a concern being articulated by some that housing isn't the real reason that this is being pushed?

Ben ChristopherGUEST
It does seem like Cal Chamber has come to the determination that there is a lot of political sympathy right now, political momentum behind removing some of the restrictions, the regulatory restrictions on housing development in particular.

Ben ChristopherGUEST
And again, like this would uncork a lot of, presumably, potentially uncork a lot of the construction of a lot of greenfield development, which a lot of housing developers are excited about.

Ben ChristopherGUEST
But there is a bit of an awkward tension between the EMB movement in general and the arguments being made in favor of this development.
Mike BoninHOST
Assuming these three things pass, what do you see as being sort of the next frontier of the fight for housing in Sacramento? And I'll say that noting that one of the biggest advocates for swinging big on housing, Scott Wiener, is not going to be there next year.
Why California isn't building enough housing
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Ben ChristopherGUEST
The state's housing department, HCD, comes up with a sort of a formula for determining how many new homes broken down by affordability level are required of each region.

Ben ChristopherGUEST
And so at the end of the day, Each city is given sort of an eight-year window to plan for its designated number of homes.

Ben ChristopherGUEST
And this is supposed to represent basically the state's best guess of what the state needs to both accommodate a growing population.
7 MINS LATER

Andrew BowenHOST
Can you talk about some of the reforms in state law that have been made to this process of allocating different numbers of how many housing units each region needs to plan for? And, you know, what was the what was the problem with the process that was seen before? And how did those legislation how did those laws change the process?
