It is tremendously hard to build and I dont think its because people don't want to.
reason 1: In fact its not investors who block new building, its single home owners who want to 'maintain' their neighborhood.
reason 2: CA has passed a number of resolutions allowing for ADUs, splitting of lots etc. However the city is glacial and beyond opaque in its approval, closing out smaller fish who would try to build things by miring them in requirements that are difficult to meet without a corporate set-up
reason 1: In fact its not investors who block new building, its single home owners who want to 'maintain' their neighborhood.
reason 2: CA has passed a number of resolutions allowing for ADUs, splitting of lots etc. However the city is glacial and beyond opaque in its approval, closing out smaller fish who would try to build things by miring them in requirements that are difficult to meet without a corporate set-up