The typical young family with, say, a 720 credit score can’t buy a home today. We won’t build more apartments as a substitute. I recently watched a large apartment building get blocked in the Phoenix area, and one of the big complaints was that if they allowed it, families would live there. This all happens quite explicitly. In every case, the obstructors just imagine that someone, somewhere, will be allowed to build something.

The cost of fire trucks has skyrocketed in recent years––going from around $300 -500,000 for a pumper truck and $750-900,000 for a ladder truck in the mid-2010s, to around $1 million for a pumper truck and $2 million for a ladder truck in the last couple years.