Good morning.

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Today’s introduction comes from Conor Dougherty, who reports on economics from the Bay Area.

Last week Gov. Jerry Brown’s Office of Housing and Community Development released a much-anticipated list of cities that will be subject to a new streamlining law that will essentially force those places to approve new housing, especially low-income housing, by removing the city government’s ability to block certain kinds of building permits.

The report showed that pretty much all California cities — and especially those in the coastal job centers around San Francisco, Los Angeles and San Diego — haven’t built nearly as much low and moderately priced housing as they were supposed to. That wasn’t very surprising, given that California is in a dire housing crisis and has the highest real estate costs in the country.

What was surprising, even shocking, was the city that topped the very short list of places that are meeting their goal of affordable new residences: Beverly Hills. How could that be? Are Beverly Hills’s residents feeling guilty about income inequality and mass building low-income housing as a result?