Yeah...because THAT'S the reason they aren't enough homes and people can't afford existing ones.
I'm sure it has nothing to do with high interest rates, major investors buying out starter homes, and companies underpaying workers. It MUST be environmental regulations somehow... #6 | Posted by Sycophant
From the article I posted:
"Editorial: CEQA is too easily weaponized to block housing and slow environmental progress In the latest example of CEQA run amok, a California appellate court is considering whether noisy college students are an environmental impact, akin to pollution or habitat loss, that should be addressed before UC Berkeley can build a new dormitory to ease its student housing shortage. "
So yeah, for example, when colleges are prohibited from building dorms to house their students, those students put pressure on housing for everyone else.
From another article: "In a surprising decision, the First District of the California Court of Appeal upheld approval of a 43-unit residential project following years of "not in my backyard" obstruction, government resistance and numerous court challenges.
Though it acknowledged that the California Environmental Quality Act (CEQA) was meant to serve noble purposes, the Court expressed frustration that the legislation had devolved into a "formidable tool of obstruction," particularly against projects that increase housing density."
Another case, housing was delayed for years under claims that it could not be built because it would cause shadows.
When you can't build, that harms the poorest because the rich will just pay more to obtain that finite resource.
And this isn't an attack on environmental laws. The environmental laws are just the cudgel abused by existing homeowners to stop building. Because it benefits them.