03/29/2024

State Blames NIMBYs for Soaring Housing Costs

The San Francisco metro area – where the $952,162 median home price is more than twice the state median – seems to have all the symptoms that the state’s legislative analyst office says causes a housing sickness across California’s coastal cities. High housing costs in those cities are caused by insufficient supply, which are in turn caused by community resistance, environmental objections and scarce land.

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