California's Crazy Real Estate Market: Part 1

California is woefully unprepared to house everyone, especially the vast majority of those who can’t afford the state’s median home price. The Department of Housing and Community Development figures that by 2025, California will need 1.8 million units of new construction to keep up with its growing population. But with things like NIMBYs, CEQA, and other acronyms that can throw a wrench into home construction, housing available — and affordable — to all seems like a pipe dream.

California Groundbreakers is planning a four-part panel series on California’s Crazy Real Estate Market, taking a look at why it’s crazy, can it ever calm down, and what can be done — economically, politically, and locally — to make it easier for renters and home-buyers to afford a roof over their heads in this state.

The first panel is a 360-degree overview of the housing market. The discussion will focus on the Sacramento area’s real estate and rental markets — who and what are affecting the prices, what’s the forecast for 2017, will anything change, what renters, home owners and potential buyers should know, and any other burning questions you want to step up to the mic and ask that evening.

Panelists include:
-Tom Bannon: CEO of the California Apartment Association
-Ryan Lundquist: Residential appraiser for Sacramento Appraisal Blog
-Mike Paris: Founder and president of BlackPine Communities
-David Tanner: CEO of the Sacramento Association of Realtors
-Ben van der Meer: Staff writer for the Sacramento Business Journal