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Housing permits in San Diego County dropped by 43% through the first six months of 2019, Don’t know how much is apartments vs SFH
Got to imagine rent-control talk had something to do with it.
https://www.10news.com/news/local-news/home-building-numbers-show-major-decrease-in-san-diego-in-2019
LA down 20%, Santa Barbara 40%
They try to blame on prices, but IMO it is all about rent-control.