The Proposed Solutions
The answer seems simple, right? Just build more houses. Unfortunately, nothing is ever that easy. Up until recently there was a push among lawmakers to, at the very least, keep the cost of housing under control through litigation.
The solution seemed concentrated on reducing the cost for contractors to build homes and new developments. Prior to this year, litigation seemed to offer great tax incentives to builders willing and able to quickly build new multi-family units, especially in urban areas. Especially to those builders who made such new developments more eco-friendly and energy-efficient.
Many state law makers have focused energy and attention on low-income housing subsidies. The legislative analyst's report estimated that building affordable homes for the 1.7 million low-income households in California that now spend half their salaries on housing would cost as much to finance each year as the state's spending on Medi-Cal.