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Housing expert blasts 'absurd' California red tape keeping affordable homes out of reach

Housing expert blasts 'absurd' California red tape keeping affordable homes out of reach

California’s push to make housing more affordable is facing a familiar obstacle: getting new homes built, even as state laws seek to encourage development.Macro Trends Advisors founding partner Mitch Roschelle told FOX Business’ Stuart Varney on "Varney & Co." about the bureaucratic hurdles facing California builders and how the state’s approach compares with Florida's.Roschelle said he had invested in a company working to build affordable housing in Los Angeles. The project sought to use legislation signed by Gov. Gavin Newsom that allowed additional housing units on certain properties wi...

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Wayne G Fraser
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State Georgia, North Carolina, South Carolina
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