We should be building at least 250,000 housing units a year and we’re producing fewer than 100,000. Hertzberg blamed California’s tax system for local governments’ ignoring housing in land use decisions. That’s why local governments “say yes to auto malls, say yes to big-bucks retail stores, but say no to housing,” the senator asserted. We’ve approved thousands of new housing [units], but it’s not being built.”Dan Dunmoyer, president of the California Building Industry Assn., confirms that 550,000 housing units have been approved across the state, but so far they’re just vacant lots. There’s still time to produce a major housing bill this year.

Source: Los Angeles Times February 03, 2020 07:52 UTC