Residential construction in Encinitas. REUTERS/Mike Blake On Jan. 1, a package of housing legislation that was passed in 2023 took effect. Will the results be a homebuilding boom? California’s housing gap is implausibly wide, so it’s going to require a historic effort to catch up. In 2015, the Legislative Analyst’s Office said that “on top of the 100,000 to 140,000 housing units typically built in the state each year, the state probably would have to build as many as 100,000 additional units annually” in order “to seriously mitigate housing affordability problems.” These homes need to be located “almost exclusively” in California’s coastal communities, where the need for affordable ho
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