4 ms·
Do you have any data or facts to back up your argument that there is no zoning issues in central valley? Legislators seem to disagree with you and passed a bil
by asabjorn 9y ago
Do you have any data or facts to back up your argument that there is no zoning issues in central valley?
Legislators seem to disagree with you and passed a bill to require relevant cities to zone for farmworker housing https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201720180SB530 https://leginfo.legislature.ca.gov/faces/billTextClient.xhtm... and there is another one proposed this year.
Everything I read attribute this to a lack of housing supply. https://www.mercurynews.com/2017/09/19/housing-affordability-is-a-growing-statewide-crisis-and-bay-area-prices-are-soaring-again/ https://www.mercurynews.com/2017/09/19/housing-affordability... and http://capitolweekly.net/crisis-affordable-housing-grips-california/ http://capitolweekly.net/crisis-affordable-housing-grips-cal...
For instance, Stockton leads California rent increases with a 10.4 percent increase in rental price between July 2016 and July 2017 and their home prices have increased 92% in the last 5 years. In a supply balanced market this would not happen as the landlors do not have leverage to increase rent this much, and developers/owners don't have the leverage to sell housing for this much more.