The city of San Jose just released a report titled "Residential Feasibility Analysis" that compares expected construction costs with the value of the construction. The report says the total estimated development costs have increased by approximately 12-13% over the last 18 months. Construction
City Attempts To Block SB 9
Many cities are attempting to block Senate Bill 9 (SB 9). Although the attempts are often attacked for being “not in my back yard” (NIMBY), the efforts to block SB 9 don’t seem to originate from city residents. City Planning Departments and Architectural Review Boards (ARBs) appear to be behind the
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