“This will make real estate developers rush to build new apartment complexes.</s>”
Counties / Cities make it mandatory to build low income if they want to also build single family. Maybe the developers will just move out of State. Typical that the Cali. Socialist can’t anticipate the next chess move in advance.
In NYC, many of the newer high-rise apartment buildings are a certain percentage low-rent units.
They aren’t as tricked out as the regular rent controlled units, within the same building and are typically on the lower floors.
With an elevator bank of 3 - 4 elevators, only one is typically running. Makes for VERY long waits, with babies, pets who need to ‘go’, people trying to get to work, etc.