Chris Mortenson, a San Diego developer, hired an architect to find out what type of SRO (single-room-occupancy) building he could develop for very low-income people, many of them homeless, if unnecessary state and local regulations were ignored. SROs are basically apartment buildings that typically have rooms without kitchens and shared bathrooms at the end…
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It seems that push has come to shove in some California cities. The Stockton City Council voted to give its City Manager the green light to file for bankruptcy—which could address the problem of that city’s debt, now thought to be in the range of $25-40 million. The City’s diminished income is not up…
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