CAA San Diego addresses rent prices in TV interview
During an interview this week about rising rents in San Diego, Whitney Benzian of CAA pointed to a lack of housing supply.
The CAA executive also pointed to excessive government regulations and fees, which makes development more costly to builders, and ultimately, so residents.
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“Costs for permits, water, development impact fees — things like that are burdensome,” Benzian, vice president of public affairs for CAA San Diego, told CW6 News reporter Gary Buzel.
He also pointed to the recent trend of building micro-apartments as a less costly option that can work especially well for college students.
“There’s a housing supply issue,” Benzian said. “People want to be in San Diego, and they’re going to keep coming. And that’s a good thing.”