We talk with Lincoln Mitchell, who has written extensively about San Francisco, including a biography of Mayor Mosconi, about the recent recall of three members of the San Francisco School Board. It is often interpreted as a rebuke to progressives. However, the city governed by the business community and moderate Democrats. The latest vote had a 25% turnout, though there were mail-in votes. The issues in San Francisco are the housing issues, though 40,000 housing units stand vacant. This needs to be addressed, because profiteers are buying housing units, rather than actual residents.
We talk with Robert Hockett and Bill Curry about inflation and the lack of affordable housing nationwide, again to attribute this to profiteers who buy housing stock, making it unaffordable for the general populace. Many more speculators are becoming absentee landlords. This is kind of a feudalism, and calls for more stability for these markets is needed.