Probably because I'm advocating for government owned or at least heavily regulated infrastructure.

> The risk is that the monopoly gets fat and lazy, but there are many examples of failures from both approaches.

Agreed (and California is a perfect example)... with a monopoly situation (and in "captive market" situations such as housing where people can't go without the services of the market) regulation agencys need teeth. Basically you want pitbulls, not poodles.