California’s Housing Crisis
12/6/19
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from TPPF,
11/15/19:
What to Know: What has caused California’s housing crisis? Bad government, a new analysis for Bloomberg reports.
The TPPF Take: Public policy mistakes have all helped make California housing unaffordable.
“California’s new housing stock has been severely restricted by the state’s myriad web of development fees, restrictive zoning rules, environmental laws—including greenhouse gas restrictions—and lawsuits,” says TPPF’s Chuck DeVore. “Now it’s about to get much worse, with statewide rent control further discouraging new investment in the state.”
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