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California’s Assault on the CRE Industry

Anti-real estate and business legislation hit overdrive about three years ago and has accelerated with a myriad of anti-business laws and regulations.

By Joseph J. Ori | August 28, 2020 at 05:45 AM

The once-great state of California has become a minefield for commercial real estate investment and development and things will be getting worse, not better. The assault on real estate in California has been occurring for years but has been done under the radar with small anti-real estate changes here and there that overall, had little effect on the industry. However, anti-real estate and business legislation hit overdrive about three years ago and has accelerated with a myriad of new laws and regulations. During the last two years, the following legislative actions have been enacted or are on the 2020 ballot in California that will negatively affect the CRE industry.

2019

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