California just passed a ton of housing laws. Here’s how they will affect San Diego
There are new laws lowering fees for ADUs and making it easier to build townhouses.
There are new laws lowering fees for ADUs and making it easier to build townhouses.
Higher borrowing costs soaked up a bigger chunk of earnings for new homebuyers.
Measure A, on the June ballot, seeks to tax San Diego second homes without a full-time resident up to $10,000 a year. Corporate-owned dwellings would face an even higher levy.
The era of ultra-cheap mortgages that reshaped American housing shows no signs of coming back.
Vacancy home taxes often face legal and political opposition.