Los Angeles and Sacramento Update Housing Regulations
What happened
Sacramento has introduced several housing bills, including SB 9, which permits additional homes and lot splits on qualifying single-family properties, and AB 130, which provides environmental-review exemptions for eligible housing projects. Separately, Los Angeles City Planning proposed the 'Missing Middle LA' ordinance to expand housing opportunities in established residential neighborhoods.
From citywatchla.com
Why it matters
The regulatory changes respond to rising costs for financing, materials, labor, and insurance, which make large construction projects more difficult to finance. These legislative shifts directly affect zoning and housing supply across the region.
From citywatchla.com
Who's involved
- Los AngelesLocation where City Planning is proposing the 'Missing Middle LA' ordinance.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AmazonSpeculative
Amazon could see increased operational expenses due to rising housing and labor costs.
- National Federation of Independent BusinessSpeculative
National Federation of Independent Business members might face increased operational costs from housing and labor inflation.
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The entities involved
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Los Angeles
seat of Los Angeles County, and largest city in California, United States
Related events
- Holly Mitchell authored legislation affecting Los Angeles housing.
- California cities show the largest housing inflation gaps among major metropolitan areas.
- Research tracks trends in high-cost urban areas, noting that the high cost of living is driving shared housing trends in these areas.
- Housing crisis across Europe warns Los Angeles about potential market strain.
- The LA City Council has encountered setbacks regarding the Mayor's housing directive, leading to the council needing to make streamlining permanent.