High Rent Cities Not Building Enough Apartments
By CHRIS NICHOLS • AUG 27, 2019
Andrew Nixon / Capital Public Radio
Cities near some of California’s biggest job centers are discouraging the construction of new apartments despite high rents and strong housing demand, according to a recent Brookings Institution report.
It found several affluent, smaller cities near Silicon Valley and Los Angeles went years without building a single apartment, even though they were home to the highest rents in the state. The report said strict local zoning rules prevented development, partly by limiting the amount of land reserved for apartment buildings and by restricting height and density... click here to read more.