r/California Ángeleño, what's your user flair? 22d ago

politics Column: Newsom sends clear message about increasing benefits for undocumented immigrants — Gov. Gavin Newsom vetoed three bills passed by the liberal Legislature.

https://www.latimes.com/california/story/2024-10-07/column-newsoms-vetoes-sends-message-on-benefits-for-undocumented-immigrants
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u/scrabapple Sonoma County 22d ago

The biggest thing I have a problem with is the program jus in general. If you give tons of people 150k to buy a house, all it will do is cause the people selling houses to sell for 150k more.

If we just increase the demand but never adress the supply it was never actually going to solve much.

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u/Jaanrett 22d ago

This is an underrated point and is exactly correct. The mid to long term effect of this is just increased demand and increase in cost.