Wealthy Town Running Out Of Cash Under California’s Strict Affordable Housing Policies

by Ryan Meilstrup at CDN - A Northern California town inhabited by billionaires is facing a financial crisis, due in part to the state’s strict affordable housing policy. California’s housing policies have contributed to higher rental costs and slow housing buildout in towns such as Portola Valley, experts told the Daily Caller News Foundation. Portola Valley’s … Click to read the rest HERE-> Wealthy Town Running Out Of Cash Under California’s Strict Affordable Housing Policies first posted at Conservative Daily News