What might hold him back? The 3.5-million-home goal shared by Newsom and Villaraigosa comes from a 2016 study by private think tank McKinsey Global Institute. Unlike Newsom, Villaraigosa now says he would consider himself responsible for the home-building number that is specifically outlined in the report, which includes four years of building prior to his taking office. This translates to roughly 439,000 new homes a year through 2025, assuming construction this year mirrors that of 2017. That amount of production is still high, and experts cite the same challenges with Villaraigosa’s home-building goals as Newsom’s even higher number.
Source : http://www.latimes.com/politics/la-pol-ca-governor-housing-roundup-20180510-htmlstory.html