Additionally, how do you think the changes in density regulations will affect housing availability and affordability in both cities?

In my opinion, Bakersfield remains one of the most affordable cities with a population over 400k, especially compared to other cities in California.

If it's what you can afford, it's a solid building with a good HOA and financial situation, a condo can be a great buy.

Thanks again.No, this is not my asset class - I prefer a higher quality product, in turn I can capture a higher quality resident/tenant - mitigate turnover and increase ROI :)

We believe that to solve the ongoing challenges surrounding affordable housing, we need more units - supply & demand.Looking ahead, we have another reading scheduled in August to allow for 135 single-family homes.

Research affordable markets, real estate investment groups, and neighboring areas for better rental markets.Good luck!

Relying on parking companies to manage and improve your "product" is paramount.  

Then talk to an agent about your goals and they will help you navigate what you can afford based on your pre approval.

Requiring xyz% of new housing to be affordable....find me the studies that indicate this will actually lead to housing affordability....eliminating the 10 year tax abatement that unlocked revenues that are 10x what the city of Philadelphia would've collected on many parcels that would never have been developed if not for the 10 year tax abatement etc.....

Put out a good product.