Story perspectives

Real Estate Shifts: New Laws Boost Affordable Housing

2/11/2025

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Summary

Story summary

Real estate confidence remains shaky as trends from 2020 persist into 2025 under the new administration.
California's Senate Bill 9 supports affordable housing by permitting duplexes and lot splits on single-family lots.
New York City facilitates the conversion of commercial buildings to residential spaces while strengthening renter protections.
The Fair Chance Housing Act restricts landlords from considering criminal history in tenant applications, aiding renters.

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Story summary

Real estate confidence remains shaky as trends from 2020 persist into 2025 under the new administration.
California's Senate Bill 9 supports affordable housing by permitting duplexes and lot splits on single-family lots.
New York City facilitates the conversion of commercial buildings to residential spaces while strengthening renter protections.
The Fair Chance Housing Act restricts landlords from considering criminal history in tenant applications, aiding renters.