Tag "housing"

Back to homepage

Developer 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 More

CA 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 More

CA 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 More

Housing 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 More

Seniors 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 More

CA 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 More

In 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

Read More

High housing costs slug CA

Another report details how housing costs continue to slug Californians. From the Bee: Except for those living in the state’s most remote rural areas, Californians must contend with the nation’s highest housing costs, both rental and ownership, relative to their incomes, a

Read More

Why CA has an affordable housing crisis

What a long strange trip it’s been for the Pebble Beach Company since it unveiled its Del Monte Forest development plan all the way back in 1987. In the ensuing 27 years, PBC has revised its plan innumerable times only

Read More