One Reason Housing Is so Expensive in California? Cities, Counties Charge Developers High Fees
Share
[aggregation-styles]
The Los Angeles Times Subscription
The Los Angeles Times Subscription
SACRAMENTO — A long-awaited study detailing how much cities and counties charge developers to build housing in California found that such costs are often hidden, vary widely across the state and have slowed growth.
The report, released this week by the state Department of Housing and Community Development, comes as Gov. Gavin Newsom and state lawmakers continue to search for ways to lower construction costs to help remedy a shortage of available homes. The study recommends that legislators push cities and counties to make public their fees, set standards for services so that costs will be more predictable and take into account how they affect housing production.
The report, released this week by the state Department of Housing and Community Development, comes as Gov. Gavin Newsom and state lawmakers continue to search for ways to lower construction costs to help remedy a shortage of available homes. The study recommends that legislators push cities and counties to make public their fees, set standards for services so that costs will be more predictable and take into account how they affect housing production.
By Liam Dillon | 6 Aug 2019
RELATED TOPICS:
SEC Chair Gary Gensler, Who Led US Crackdown on Cryptocurrencies, to Step Down
Crypto /
34 minutes ago
Is Fresno Mobile Home Park Controversy Over? Tenants Applaud Federal Judge’s Ruling
Courts /
43 minutes ago
Wiggins, Curry Power Warriors to Dominant Win Over Hawks
Warriors /
1 hour ago
Sale and Skubal Claim Cy Young Awards After Historic Pitching Triple Crown Seasons
Sports /
1 hour ago
What Will Happen to CNBC and MSNBC When They No Longer Have a Corporate Connection to NBC News?
News /
1 hour ago
Bitcoin Is at the Doorstep of $100,000 as Post-Election Rally Rolls On
Crypto /
1 hour ago
US Regulators Seek to Break Up Google, Forcing Chrome Sale as Part of Monopoly Punishment
Tech /
2 hours ago
Wall Street Climbs as Nvidia Swings, Bitcoin Rises and Alphabet Sinks
Economy /
2 hours ago
Massive Ground Beef Recall Affects Restaurants Nationwide, USDA Warns
A massive recall of ground beef has been issued due to potential E. coli contamination, affecting restaurants nationwide. The U.S. Departmen...
Food /
2 minutes ago
Categories
Latest
Videos
Food /
2 minutes ago
Massive Ground Beef Recall Affects Restaurants Nationwide, USDA Warns
Crypto /
34 minutes ago
SEC Chair Gary Gensler, Who Led US Crackdown on Cryptocurrencies, to Step Down
Courts /
43 minutes ago
Is Fresno Mobile Home Park Controversy Over? Tenants Applaud Federal Judge’s Ruling
Warriors /
1 hour ago
Wiggins, Curry Power Warriors to Dominant Win Over Hawks
Sports /
1 hour ago