Will Higher Costs Mean Smaller Builder's Remedy Projects?

In the latest twist in California’s builder’s remedy drama, several projects in San Jose are now proposing using the remedy to downsize their projects from their original proposed size, apparently because they are adjusting to changed market conditions. According to the Mercury News, eight of the 19 proposed builder’s remedy projects are reducing their projects, meaning more than 4,000 previously planned units will not be built.

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