causal
Construction-defect liability killed condo building
California no longer builds condos because construction-defect liability laws are so expensive—a building can be sued 10 years after construction because paint is bubbling or chipping, turning defects into a profit center for trial lawyers rather than something simply repaired—so new multi-family housing is almost always built for rent, contributing to California having the lowest homeownership rate in the country, 10% below the national average.
causalpending
Speaker
Matt MahanEvidence Quote
“rather than just get it fixed that becomes a generator of excessive fees because it forms of profit center for trial lawyers”
Created: 7/7/2026, 10:51:39 PM
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