Tag "housing"
Back to homepageCalWatchdog Morning Read – July 26
Women stand to make only modest gains in Legislature in November Gavin Newsom has habit of plagiarism Housing solution: Building units in back yards? Local governments to further restrict new development “Where did California’s savings from reducing drug penalties go?”
Read MoreMiddle class squeezed in Bay Area
Driven by shifting economics, demographics, and changing definitions of moderate prosperity, middle class Californians in areas once rife with new arrivals — and dominated by Democratic voters — have begun looking for the residential exits. Statewide struggle Both the Bay Area
Read MoreNew influx of federal funding for CA mortgage relief
The federal government has supplied California with additional funds and time to continue its multi-year foreclosure relief program. The effort “intended to prevent home foreclosures that was expected to shut down next year is instead being expanded and extended following a new influx
Read MoreDeveloper fees targeted by legislation as cities battle housing costs
Rent control is on the march in California, addressing years of leases that have increased to as much as 43 percent over the national average for a one-bedroom apartment. In the last year, rent has increased 6.5 percent in the
Read MoreCA housing becomes political football
To borrow one metaphor, California’s housing market has become a double-edged sword, reminiscent of the bonanza days before the 2008 economic crisis. That’s why, to borrow another, it has also become a political football. With residents increasingly priced out of the state’s coastal metropolises, politicians
Read MoreCA high court upholds affordable housing requirement
Many Golden State developers must now include so-called affordable housing units in their sales plans. The California Supreme Court sided against the builders, who brought a contentious, high-profile suit against municipal policymakers. “At issue was a 2010 San Jose law that requires some new residential
Read MoreHousing report by Legislative Analyst raises affordability questions
The California Legislative Analyst’s new report on housing costs puts numbers to what housing-hunters know on the ground: affordable housing in the state’s coastal areas is scarce and getting scarcer. But the report itself raises new questions. According to the
Read MoreSeniors join ‘new’ homeless
I’m gettin’ up there in years myself — 60 in June. So I’m sympathetic. The latest crisis to hit California is that its massively high cost of living is pushing seniors out onto the streets. Social Security checks, small pensions
Read MoreCA suffers country’s most expensive real estate
Who can afford to live here? The Los Angeles Times reported: Los Angeles County is the second-least affordable housing market in the country for a middle-class family…. That’s according to a new report out Tuesday from real estate website Trulia,
Read MoreIn Silicon Valley, liberal pols look to drive up cost of housing
The emergence of Silicon Valley as one of the wealthiest places in the world has led to plenty of media coverage that points out how it has become a poster child for income inequality. This is from a March Associated
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