California REALTORS® wrapped in red tape on steps of state Capitol to protest local, city and legislative barriers to homeownership
To view the photo taken on the steps of the state Capitol, go to http://www.car.org/library/media/images/jpg/2005groupphoto.jpg.
SACRAMENTO (June 8) – Nearly 2,000 members of the California Association of REALTORS® (C.A.R.) were wrapped in red tape on the steps of the California state Capitol this morning to protest local, city and legislative barriers to homeownership.
“With less than one in four households in California able to afford a median priced home, local governments and the legislature need to look at creative solutions to solving the state’s affordability crisis,” said C.A.R. President Jim Hamilton. “All Californians deserve an opportunity to step on the first rung of the homeownership ladder, but as long as overly burdensome or unnecessary constraints on the housing supply remain in place, families in California will remain locked out.
“Successful passage of C.A.R.-sponsored legislation will increase both the supply of housing in the state and provide affordable rental and homeownership opportunities for California families,” he said. “Our sponsored legislation for 2005, SB 326 (Dunn), “Local Government Accountability”; SB 435 (Hollingsworth), “Housing: Density Bonus”; and AB 712 (Canciamilla), “Attorney Fees”; will improve homeownership opportunities for renters and increase the supply of homes for sale by improving the flexibility and usefulness of density-bonus laws.”
Leading the Way...® in California real estate for 100 years, the California Association of REALTORS® (http://www.car.org/) is one of the largest state trade organizations in the United States, with more than 165,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.
Have more questions about trends in the housing market? Questions about selling or buying a home? Contact me today for honest, experienced answers. Amy Blakeley, Realtor®
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