Perspective
Apr. 12, 2014
Decision creates more risk for California homebuilders
A recent cases leaves the protection afforded by the "Right to Repair" act in doubt. By Andrew Azarmi
California's major metropolitan markets have seen home prices rise dramatically in the last two years, driven in large part by a shortage of inventory. In the Bay Area, prices are shooting upward, pricing many middle-class families out of the communities in which they work. Indeed, The Economist recently reported that San Francisco housing ranks as the most unaffordable in America. Yet future demand is expected to sharply increase. According ...
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