It is an undeniable fact that housing costs in California have grown far out of reach for many residents. Proponents of rent control generally believe that price protections are the most effective ways to help tenants avoid displacement. Nevertheless, the affordability crisis in the state is a direct result of not enough homes being built over the last decade.
Housing production has averaged less than 80,000 new homes annually over the last 10 years and continues to fall short of 180,000 additional…
