Alan Nevin Quotes
It's all in the affordable sectors. We don't see any major gains taking place in that area because the barriers to entry are so great throughout the state.
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Affordable | Sectors | Major | Gains | Place |
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California cannot continue to sustain skyrocketing housing prices that have ballooned over the last few years. The industry has been moving at a torrid pace to keep up with demand, but we expect prices will finally level off to a manageable level.
- Alan Nevin
The difference represents the inability of the industry to provide moderately priced housing for the first-time homebuyer, largely due to the continuing constraints in the developable land supply in the coastal urban cores of the state and the burgeoning extractions demanded by local government.
- Alan Nevin
