California’s new housing bills are about to become law — but not everyone in real estate is happy about it

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While indicators of the economy seem to be doing well, the homeownership rate in California is telling a different story. The unemployment rate looks healthy, the stock market is still very high even with the recent correction, and people seem to be spending beyond their means once again with credit card debt solidly above $1 trillion.

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California affordable housing bills get their final sign-off. signed into law a package of bills aimed at tackling California’s affordable housing crisis.. (Home and commercial real estate.

The elephant in the housing legislation room is S.B. 827, authored by Senator Scott Wiener (D-San Francisco). This bill, which has sparked furious debate among housing and economic justice advocates since it was introduced in February, will get its first committee hearing Tuesday when it goes before the State Senate’s Transportation and Housing Committee.

California’s New ‘By-Right’ Housing Law: Will it Make a Difference?. "One of the bills signed by Governor Jerry Brown Friday as part of a larger housing package could fast-track certain affordable housing projects in Los. 150 Acres of Undeveloped Land to Become 2,350 Homes Outside Denver;

Why did California’s major housing bill fail so quickly?. have said that legislation of this scope can take years to become law. "This is just not the sort of bill that you can introduce in.

California’s new housing bills are about to become law – but not everyone in real estate is happy about it. BOMA-GLA called SB-2 tax "regressive"

Two Housing Bills Will Exacerbate California’s Housing Shortage. SB 35 (Wiener) and AB 199 (Chu) make it more costly to build housing by requiring prevailing wages where applicable, pleasing construction unions but making affordable housing less affordable, opines CALmatters political columnist.

At no time in recent history has the California Legislature passed more housing-related bills than it did late last month. On September 29, 2017, Governor Jerry Brown signed a package of 15 housing bills intended to bring some relief to the State’s current housing crisis. This effort should be viewed as a first step in correcting a number of impediments to producing adequate housing, but.

Real Estate Wars: Inside the class and culture battle that's tearing San Francisco apart California’s Governor Brown signed into law a package of bills on September 29, 2017, intended to increase the development of affordable housing. The state is deep in the middle of an affordable housing crisis and has been searching for solutions. Some major california cities passed ordinances in recent years, such as San Francisco’s new density bonus programs, to stimulate affordable.