Dec 15, 2015
California is already the land of loony laws, but this one will not only change what you can buy in the state in the future, it will increase prices in general across the entire state. What is amazing is that this example of legislating from the bench has created a law on housing that did not previously exist. It's nuts and it is going to guarantee that houses cost more and that your choice of the housing you want will be limited.
Every buyer, seller, investor and real estate entrepreneur should be aware of this move. If you are in California, get ready for it. If you are not, guard against it in your state!