California building association identifies state bills that kill housing, or create it

In the last 10 years, housing production in California has averaged fewer than 80,000 new homes per year, which is not nearly enough to satisfy demand.

It identifies bills moving through the California legislative process that, if approved, would impact California’s housing policy crisis in some way.Housing killer bills would make the housing crisis worse by increasing the cost and time of building homes in the state. CBIA says the bill is unnecessary and is in opposition to rigorous North American sustainable practices and certification standards.

This bill could have a significant impact on California’s green housing market by outlawing such building products as heat pumps and electrical wiring that have been mandated to help California reach climate and energy objectives. New and updated schools are significantly more energy-efficient than older ones and are needed to help California achieve its climate goals.CBIA says AB 2996 makes California’s home and commercial insurance marketplace more stable in two ways.

Source: Real Estate Daily Report (realestatedailyreport.net)

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