A Quick Look At California's New Housing Bills: Part 1

By Andrew Faber and Michael Branson (December 7, 2017, 11:29 AM EST) -- At a ceremony held at San Francisco's Hunters Point, Governor Jerry Brown signed into law all 15 bills encompassing the California Legislature's package aimed at addressing the state's severe housing crisis. Whether the legislature would have the votes to pass the bills, in whole or in part, was uncertain up until the very last days of the legislative session. While the bills alone will not solve the housing crisis — California needs to construct 180,000 new homes a year and is currently producing around 100,000 — housing experts and legislators alike agree that their enactment is a significant first step in what is hoped to be a series of busy legislative sessions to further remedy California's housing production shortfall....

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