JPMorgan CEO Jamie Dimon says America’s affordable housing crisis is largely caused by government regulations… and fixing it wouldn’t require another dollar of government spending: “Good public policy is free.” 🇺🇸 “Good public policy is free. If we do a better job with schools, it’s free. If we improve our regulatory system, it’s free. I’m not just talking about banks, by the way. You could be a restaurant. You could be a small business. It’s terrible—federal, state, local permitting. The affordable housing problem? It’s all regulatory stuff. You can’t build a multifamily building. You can’t put this here. It doesn’t have enough parking. It’s got to have all these things. We can fix this stuff, and it’s free. The government doesn’t have to borrow more money to fix it. We already spend the money. We just need to fix the system. We should all get involved in fixing these policies that would make our country work far better. Deregulation is part of it.” Tough to argue with Jamie here, if you need an example, just look at Canada or Europe. The most unaffordable housing markets driven by over regulation and over permitting.