Industry: Construction
Aug. 25, 2015
The increase was greater than the 4.5% year-over-year pop seen nationally and represents a slight pick-up from May’s reading, when prices rose 6.2% in the two counties, the Standard & Poor's/Case-Shiller index showed.
Aug. 15, 2015
Interaction between SB 32 and CEQA would likely, at a minimum, result in the immediate imposition of a Zero Net Energy (ZNE) standard on new construction in California. The initial effect would be a sharp reduction in new construction activity, which would persist until developers and contractors acquired a sufficient level of expertise and capacity to satisfy the stringent new ZNE requirements. Such a slowdown would have ripple effects throughout the entire economy, potentially reducing gross state product by $18 billion, and employment by 285,000 jobs.
Aug. 8, 2015
During the 2010-14 period, for example, Los Angeles County’s population grew by nearly a quarter-million, but it added fewer than 40,000 housing units. During the same period, San Francisco, despite its geographic limitations, grew by nearly 50,000, but built fewer than 10,000 housing units.
June 15, 2015
In a decision that could impact developers across the state, the California Supreme Court ruled unanimously Monday to allow Los Angeles and other cities to require that developers provide affordable housing as a condition of getting building permits.
May 26, 2015
Neither “smart growth” nor public subsidies have solved California’s housing crisis because the solution does not arise from more regulations or wealth transfers. The shortest path to more supply and affordability is to redirect public investment into public works and drain the litigation and regulatory swamps that provide the institutional support for the exclusive enclaves created in coastal California.
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