Unlocking Homeownership: How Outdated Laws Are Thwarting Affordable Condos for California Families
California residents face escalating challenges in achieving affordable homeownership, particularly within the middle class. The state’s housing crisis stems not only from rising property prices but also from a significant bottleneck caused by outdated construction defect laws that have all but eliminated new condominiums from the market. Unlike many regions worldwide, where multifamily dwellings facilitate access to urban jobs and amenities, California’s housing landscape presents a stark contrast. The result has been a growing economic divide, as homeownership shifts further away from reach for many. Families looking for affordable living options are often forced to … Read more