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- KommentarHousing Supply
Federal policy cannot raise housing supply and should pay for authorisations instead
Idaho authorised 0.98 new private housing units per thousand residents in July 2026 and California 0.21, a ratio of 4.66, under the same federal tax code and the same policy rate. Idaho's house-price index has still multiplied 8.78 times since 1980 against California's 9.75, so authorising more has not by itself held appreciation down.
- KommentarRegional Development
A house price index is not a house price
Maine's house price index stands at 1044.11 and California's at 974.97. Each state's index is anchored at 100 in the first quarter of 1980, which means the ranking measures appreciation since then and says nothing at all about what a house costs.
- KommentarInfrastructure
Three flat years of housing starts is a result, not a pause
Starts have run at 1.42, 1.37 and 1.36 million units since 2023, below where the window opened in 2020. The dollars going into construction rose through the same period, and the dollars are what gets quoted.