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by nradov 1093 days ago
Due to the SB-8 Housing Crisis Act of 2019, it is now largely legal to build housing. Sometimes property developers have had to sue local governments in order to enforce their rights but now most cities are complying. Obtaining the necessary land and building permits is still extremely expensive. A billion dollars worth of new housing would be great, but it would barely begin to address the shortage.

https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml...

2 comments

The Builder's Remedy doesn't apply to SF yet because of its sham "Housing Element" plan it filed with the State government, that has realistically zero chances of ever happening, but bought them an 8 year reprieve.
> Sometimes property developers have had to sue local governments in order to enforce their rights

I'm glad that the state government has taken a step in the right direction, but the situation on the ground as you describe it still doesn't sound very friendly. There's enough risks in investment and business (that is, property development) as it is without needing to fight City Hall on top of it.

> Obtaining the necessary land and building permits is still extremely expensive.

Land I understand, since it's of a fixed supply in a highly desired area, but there's no reason why permitting should be so burdensome if policy intent is to foster more building.