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According to El Monte half of all California residents hate themselves

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  • SFGbob
    SFGbob Member Posts: 33,183
    edited September 2019
    Development Fees
    The second study, focused on seven California cities, identified development fees as a significant factor driving up the cost of new housing. Fees ranged from 6 to 18 percent of the home price. The panelists noted that the fees are often set without oversight or coordination between city departments. In Fremont, where fees are the highest, they totaled nearly $160,000 on the $850,000 median value of a single-family home.


    Supply and demand and the free market at work, right Hondo you fucking lying piece of crap.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    SFGbob said:

    2001400ex said:

    SFGbob said:

    2001400ex said:

    SFGbob said:



    2001400ex said:

    Swaye said:

    2001400ex said:

    I feel it's free market principals of supply and demand causing high housing prices.

    Supply and demand is of course part of it, but it is much more nuanced than that. Proposition 13 has pushed cities toward developing land for hotels and shopping vice housing and the staggeringly difficult regulatory environment which exists in CA, making building exceedingly difficult when compared to other regions. I don't even live there and I know this. But supply and demand!

    Yeah I agree regulations make it harder. I have a buddy in Washington that bought 5 acres in 02. Took him 5 years to get zoned for high density, then was too late or course. I've tried to develop with him a few times and we still couldn't get it to pencil even with new markets tax credits. The city council there is anti growth (actually a conservative council in a conservative town built on military which is weird). It took too much cash too build the way the city wanted with the infrastructure they required. He sold this year to a large outfit that can outlay the upfront costs.

    That being said, the cities where it's expensive there's really no more building that can happen. Look at San Francisco, San Diego, LA. Those places are densely populated. That's why there's a shit ton of building going on in Riverside, Ontario, etc. Even far out like San Jacinto is growing huge.

    https://www.latimes.com/california/story/2019-08-22/southern-california-housing-growth
    And even out in those areas the cost of construction is higher than other parts of the country because of the state regulations. Free Market!!!
    Exactly what state regulations are those?
    Try reading you fucking moron.
    Did you read your own quote? You blamed it on state regulations so I asked which one. Da fuq is wrong with you?
    And I already said:

    regulations that require new homes being built today to meet energy and standards that are 50% more stringent than they were in 2016

    And if you don't like that one you could go with the requirement that all new homes have solar panels. But you're not really looking for information Hondo you're just performing a Kunt act.
    And don't you think people will save money with solar and better energy requirements? And I feel like there's tax credits from solar panels. I'm actually thinking of adding some to my house when they redo my roof.
    So why does the government need to make it a law?
    I agree with you. I don't think the government should mandate solar on all homes. That being said, the law isn't in place yet and there's various exceptions.