March 7, 2025 - 09:46

A series of new laws in California are now in effect, designed to increase housing inventory and simplify the processes involved in constructing and purchasing homes. These legislative changes aim to address the ongoing housing crisis that has plagued the state for years.
One significant aspect of the new laws includes measures to expedite the approval process for housing developments. By reducing bureaucratic red tape, developers can bring projects to fruition more quickly, potentially leading to a faster increase in available homes. Additionally, the laws encourage the construction of affordable housing units, which is crucial for low- and middle-income families struggling to find suitable living arrangements.
Furthermore, the legislation promotes the use of innovative building techniques and materials, which can lower costs and enhance efficiency in home construction. As these new regulations take effect, communities across California are hopeful that they will see a substantial boost in housing availability, providing much-needed relief to residents facing high housing costs.
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Vancouver Real Estate Update: Office Show Suites and City Policy ShiftsA closer look at the trend driving my latest reporting for The Globe and Mail. This month I focused on the rise of office show suites, where developers finish out spaces before signing tenants,...
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S.F. ‘BUILD Act’ is a big tax cut for the wealthy. Let’s just be honest about it.Is the proposal to slash taxes on large real-estate transactions a bad idea? Not necessarily. Are its backers being honest about what it does? Not necessarily. The so-called BUILD Act, which would...
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PGIM: $260 Million Deployed As Real Estate Fund Completes 10th Property AcquisitionPGIM has deployed $260 million as its real estate fund closed on its 10th property acquisition. The latest purchase is The Arbor, a 127-unit residential community in the Riverdale section of the...