02-01-2023, 02:06 PM
Not sure where I should post this, but I just read something very interesting:
https://darrellowens.substack.com/p/ca-c...ing-powers
Apparently recent changes to California state law have pretty much cancelled all zoning restrictions on residential construction. As a result, huge numbers of housing units are being approved through new procedures where the municipal planning departments only get to do some basic checking before approving. In particular, zoning rules relating to density and parking minima no longer exist.
Is California going to have a housing construction boom? Assuming I’m understanding correctly, we may be about to see a very interesting time in the California real estate market.
https://darrellowens.substack.com/p/ca-c...ing-powers
Apparently recent changes to California state law have pretty much cancelled all zoning restrictions on residential construction. As a result, huge numbers of housing units are being approved through new procedures where the municipal planning departments only get to do some basic checking before approving. In particular, zoning rules relating to density and parking minima no longer exist.
Is California going to have a housing construction boom? Assuming I’m understanding correctly, we may be about to see a very interesting time in the California real estate market.