Personal musings on history, housing, technology, society and finance... Not necessarily in that order.
Friday, January 31, 2020
California falls short again (in housing reform)
As a follow-up to a recent post, California's Senate Bill 50, which would "dramatically increase homebuilding," falls short for the third year in the row, “opposed by state senators who said the measure took too much power away from local governments and failed to sufficiently address low-income housing needs.” In other words, Scott Wiener's bill fell victim to a toxic stew of regulatory capture by entrenched interests and idealists making good the enemy of great.
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