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California’s Housing Bills Target Red Tape and Rent Gouging
California’s housing crisis just got a major legislative push with two new bills designed to slash construction delays and stop predatory rent hikes. AB 1997, backed by Assemblymember Alex Lee, slashes permitting time to just 30 days for affordable housing projects, cutting years off the timeline and costs. SB 295, led by Senator Melissa Hurtado, targets rent-gouging software used to coordinate unfair rent spikes, aiming to end artificial inflation. With the RAND Corporation confirming that lengthy build times drive up prices and studies linking high rents to homelessness, these bills are…
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