04-09-2019 17:00 via ocregister.com

The crisis for first-time homebuyers

No one doubts there’s a crisis in California housing. State lawmakers took plenty of actions this summer, getting set to pass a batch of bills that Gov. Gavin Newsom will gladly sign into law.
These will temporarily suspend the right of cities and counties to make new building standards, raise fees on low-income housing construction or impose moratoria on new housing. They will streamline the approval process for housing developments where income of buyers or renters is limited to 120 perc
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