Home › Forums › Housing › SB9: Sell? Develop? › Hobie wrote:SB9 is now law.
[quote=Hobie]SB9 is now law. Newsom signed it. https://www.gov.ca.gov/2021/09/16/governor-newsom-signs-historic-legislation-to-boost-californias-housing-supply-and-fight-the-housing-crisis/%5B/quote%5D Yay!!! Between this and the environmentalist (CEQA) prevent any new major development, econ 101 (supply vs demand), I’m expecting SFR lot to continue to outpace condo in value appreciation. Time to buy more SFR.
Actually, it’s not just SB9 that was signed. SB8 and B10 was also signed into law.