For all the complaining I do about how New York politicians screw real estate and the city’s housing market, it could be worse. It could be like Los Angeles. In L.A., residents living near the Woodland Hills Country Club are treating a 398-home plan like the Angel of Death sweeping through to claim their firstborn sons. The level of community outrage at the idea of welcoming a few hundred renters to a single-family neighborhood of 80,000 residents is obscene. Fortunately, 380 miles north in Sacramento, the state Legislature had already reacted to the damage that not-in-my-back-yard opposition to housing was […]

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