Opinion: Big Real Estate Is Wrong — Rent Control Wont’ Stop Housing Construction ...Middle East

A rental sign outside a North Park apartment complex. Staff photo There is no doubt that California faces an existential affordable housing crisis. More than 171,000 Californians are homeless, and 3.2 million — 56% of tenants — are rent-burdened. The Golden State’s image is severely tarnished by our inability to make any real dent in the problem. And it won’t get any better if we ignore it. We are at a fork in the road. If we keep doing what we have been doing, there’s no question that things will get worse. Nearly 50% of households in California are renters, the second highest rate of renter-occupied housing in the United States. Between 2010 and 2019, rent has gone up by an av

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Opinion: Big Real Estate Is Wrong — Rent Control Wont’ Stop Housing Construction ...Middle East

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