The Coalition for Affordable, Reliable and Equitable Housing issued the following statement after a new study revealed that prevailing wage mandates in private residential housing would result in $84,000 in higher housing costs:

“In a time of unprecedented crisis – as communities of color and all Californians are struggling to regain their footing from the housing crash – we cannot afford any more expensive mandates that will starve people of being able to put a roof over their head. Prevailing wage mandates, perhaps will help some members of a politically powerful special interest, but that is only achieved at the expense of every other Californian currently struggling with higher housing costs. The bottom-line is prevailing wage will lead to higher poverty, higher housing costs and make our state’s housing crisis even worse,” said John Gamboa, Cofounder and President of California Community Builders and Vice Chair of the Two Hundred Project.

The report, Impacts of a Prevailing Wage Requirement for Market Rate Housing in California, was funded by the California Homebuilding Foundation and conducted by Matthew Newman, former Executive Director for the California Institute for County Government and former Policy Analyst for the Legislative Analyst’s Office.

The full report can be found here.

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