Comments on: Despite new laws, state housing crisis may be worsening

By: Richard

Richard — Tue, 10 Sep 2019 23:43:29 +0000

Not a surprise since the feel good laws that get passed like rent control along with the high level of regulations on development make things worse not better.

By: deweaver

deweaver — Tue, 10 Sep 2019 21:00:09 +0000

Note that the governor did file suit against Huntington Beach, Ca and not against Atherton or Palos Verdes. Could it be that Huntington is less politically connected and more Republican than the other areas?

Huntington Beach just got off of a massive building spree of 4 story large complexes. This was a complete shift from the gated high-end communities of a few decades ago. Of course, it had a massive impact on traffic adding about 30% to the time from the beach to the 405. They even added a massive Pacific City complex (516 units 3 and 4 stories) next to the beach and downtown.

By: Standing Fast

Standing Fast — Tue, 10 Sep 2019 20:55:36 +0000

Does it not occur to you that California cannot be having a real, honest-to-gosh housing crisis. People are leaving the State faster than they are coming in. That means there is more living space available than before.

The prices of rentals are high because it costs a fortune to buy and maintain rental property, especially since many tenants like to tear the place up before they leave.

The real estate industry is full of sharks who talk their clients into pricing their homes higher than they are really worth. It used to be they would lower the price if a house didn’t sell in a reasonable time, thus allowing the market to work out values according to demand. Not now. For some reason, the prices of homes that don’t sell don’t come down, either ever or for up to a year or more. That means properties don’t turn over like they used to. Duh.

The construction industry thinks this is a hot market. But they are building stuff nobody wants to buy or rent.

Folks. California has long since reached its limit on how many people can live here without outstripping our natural resources. If we have to build a pipeline to bring water from Northern California to Southern California, then there is something wrong.

Local government officials should be replacing their “boom-town” land use policies to “conservation” policies. That means, take good care of what you’ve got, don’t depend on economic development to fill the public treasury (doesn’t work, anyway), and stop with the big talk about being ready for the future.

Give me a break.