Source: The Dispatch
by Kevin D Williamson
“Good news for housing-hungry Californians: A new development in Orange County was approved in May. The bad news: Approval took almost 50 years. The Saddleback Meadows project in Trabuco Canyon, California, first appeared on the Orange County supervisors’ agenda in 1978—when your favorite correspondent, who passed the eligibility age for unrestricted AARP membership a few years back, was in kindergarten. As my Competitive Enterprise Institute colleague Steve Swedberg points out, most projects do not undergo such incredible delays, but the ordinary approval process is enough to add almost $40,000 to the cost of building an average new home—not only in California but across the United States.” (09/03/26)
https://thedispatch.com/article/california-housing-market-subsidies/