“Builders can be sued up to a decade after a condo is built. That risk is scary enough that developers have seriously slowed building condos and townhomes that are for sale instead of rent, Stefanie Benvenuto, policy adviser with the Building Industry Association of San Diego, told Axios.
What they’re saying: “When I am in policy discussions with my builders, the construction defect law comes up every time,” Benvenuto said. She called the existing law a “monster villain out there looming” that deters the city’s push to gently increase density and build more affordable condo and townhome starter homes.”