New home lot supply drops to cycle lows
Rani Salehi
rsalehi@meyersresearchllc.com
(714) 619-7860
Davis, a senior vice president for Meyers Research, a company that serves the homebuilding industry, questions the logic of the city’s new building regulations that require new construction in flood plains to be elevated two feet above the 500-year flood plain, while many existing homes will remain at the level they were before the storm.