Billionaire Candidate for California Governor Criticizes Cities for Housing Resistance
Tom Steyer, a billionaire and Democratic candidate for California governor, has criticized cities in the state for resisting new housing developments. During a televised gubernatorial debate, Steyer highlighted the housing crisis as California's primary issue, arguing that local opposition to new housing is a significant barrier. He proposed closing corporate tax loopholes to generate revenue for municipalities to support new residents. Steyer's comments came amid a debate with other candidates, including San Jose Mayor Matt Mahan and former Los Angeles Mayor Antonio Villaraigosa, who discussed their records on housing. The debate also featured Republican candidates like Steve Hilton, who emphasized reducing regulations to lower construction costs. 
