EditorialA graphic provided by FRED shows soaring home prices in California compared to national figures. “There’s no great mystery about why this is happening: It’s because of housing. California is very much a NIMBY state, maybe even a banana (build absolutely nothing anywhere near anyone) state,” writes The New York Times opinion columnist Paul Krugman. (Federal Reserve Economic Data via The New York Times)
EditorialA graphic provided by FRED shows soaring home prices in California compared to national figures. “There’s no great mystery about why this is happening: It’s because of housing. California is very much a NIMBY state, maybe even a banana (build absolutely nothing anywhere near anyone) state,” writes The New York Times opinion columnist Paul Krugman. (Federal Reserve Economic Data via The New York Times)