Thursday, January 7, 2016

OCHN: Restricted supply and improving economy boost sky-high California rents

What do you get when you combine a strengthening economy with a chronic shortages of housing? Sky-high rents.

California began restricting growth in the 1970s with regulations like CEQA. Local opposition groups sprang up ostensibly to protect their quality of life. What started as a reaction to...
Restricted supply and improving economy boost sky-high California rents

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