The price of developing low-income housing in California is the easiest within the country, with some condominium structures totaling greater than $1 million in step with unit to construct.
One of the vital causes? It’s pricey to put aside land for parking loads and construct underground garages. In this episode of “Gimme Refuge: The California Housing Disaster Podcast,” we speak about a coming near near state legislation, Meeting Invoice 2097, that gets rid of minimal parking necessities for brand spanking new housing close to mass transit. The hope, supporters of the legislation say, is that the coverage will spur extra construction at lower price whilst additionally serving to California meet its local weather exchange objectives.
Our visitor is Donald Shoup, an city making plans professor at UCLA and creator of the guide, “The Top Price of Loose Parking.” Shoup is regarded as the preeminent pupil on parking in the US and his paintings laid the basis for the brand new legislation.
“Gimme Refuge,” a biweekly podcast that appears at why it’s so pricey to are living in California and what the state can do about it, options Liam Dillon, who covers housing affordability problems for the Los Angeles Instances, and Manuela Tobías, housing reporter for CalMatters.