To overcome its housing crisis, Calfornia needs YIMBY to become the new NIMBY

  • 📰 latimes
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 82%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

At a time when housing is so scarce, having vast swaths of Los Angeles off-limits to multi-family homes is difficult to justify. (via latimesopinion)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

opinion How clean around! Not a speck. Even on the rails! 👍

opinion There’s too many people here 1. Those that can afford it, live here and enjoy it. 2. Those who can’t find somewhere else where they can afford to live. Seems pretty clear cut

opinion Plenty of more affordable housing options inland.

opinion One note: SB50 doesn’t “incentivize” the construction of apartments. Rather, it places limits on the power of wealthier communities to ban them.

opinion Commuter Friendly lots available now

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

America's Housing Affordability Crisis Only Getting WorseA limited supply of homes for sale, a deepening construction labor shortage and high land costs continue to fuel the housing crisis, I agree with, some of the construction/cost/zoning/NIMBY-specific issues cited in this piece. But also consider an imp. macro issue: Asset-price-focused Fed/monetary policy. Easy money has been a (key) contributor to steep increases in almost ALL asset prices, housing included IOW, it hasn't just been housing prices rising much faster than incomes for half-decade-plus. It's prices of CRE, stocks, esoteric assets (think artwork, collectibles, etc.). Only thing that allows prices/incomes to re-align is unwind of easy $-fueled asset gains Because wages don't increase at the same rate housing costs do.
Source: Forbes - 🏆 394. / 53 Read more »

America's Housing Affordability Crisis Only Getting WorseA shortage of housing inventory, a deepening construction labor shortage and high land costs are fueling the housing affordability crisis I wonder how this is impacting the “flipping” markets. so, it's a sellers market 😀 Do illegal aliens effect the affordable housing market? I doubt those 20 million are living in luxury Housing, or buying property.
Source: Forbes - 🏆 394. / 53 Read more »