Perspective
Feb. 10, 2016
California's affordable housing reality
California's lack of "affordable" housing has been the focus of a flurry of policy proposals aimed at increasing the stock of below-market price policies, policies that unfortunately do little except distract from the true scope of the problem. By Christopher Thornberg
There has been a lot of chatter lately about California's lack of "affordable" housing. It has been the focus of a flurry of policy proposals aimed at increasing the stock of below-market priced properties. Unfortunately, these policies accomplish little except to distract from the true scope of the problem.
It's understandable why low-income households are the focus of attention. The rule of thumb is that people sho...
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