Can Anything Kick-Start the U.S. Housing Market?

A.M. Edition for June 26. California’s proposed billionaire’s tax heads to November's ballot, teeing up a fight among Democrats over wealth, affordability and the future of their party. Plus, a New York City board approves Mayor Mamdani's rent freeze. And WSJ real estate bureau chief Craig Karmin answers listener questions about the U.S. housing shortage in the final episode of our special series. Luke Vargas hosts. Listen to all episodes in our series on ideas for fixing the housing crisis. Sign up for the WSJ’s free What’s News newsletter.