California’s Housing Market

These Tax Laws Are Holding Back California’s Housing Market The state’s efforts to save homeowners money are now keeping many of them locked in their homes — and potential buyers locked out. By Virginia Postrel ‎July‎ ‎15‎, ‎2018‎ ‎9‎:‎00‎ ‎AM Would you leave? Photographer: David Paul Morris/Bloomberg Forty years ago last month, Californians passed Proposition 13, … Continue reading California’s Housing Market

Los Angeles to take steps to curb homelessness

~ what an innovative idea ~ To curb homelessness, LA law would let some housing projects skip environmental review In a unanimous vote Wednesday, the Los Angeles City Council gave the green light to two laws meant to create more homeless housing. As the Los Angeles Times reports, one of the laws would allow certain … Continue reading Los Angeles to take steps to curb homelessness

How a Silicon Valley exec wants to fix California’s housing crisis

How a Silicon Valley exec wants to fix California's housing crisis  For nearly five years, Sam Altman, a self-made multimillionaire and president of top Silicon Valley start-up incubator Y Combinator, had to live with his three siblings as roommates thanks to San Francisco's astronomical housing prices. "All of my siblings were living in my house … Continue reading How a Silicon Valley exec wants to fix California’s housing crisis

The Cost of a Hot Economy in California: A Severe Housing Crisis

The Cost of a Hot Economy in California: A Severe Housing Crisis  © Jim Wilson/The New York Times State Senator Scott Wiener, who sponsored a bill restricting communities’ ability to quash housing projects. “We’re at a breaking point in California,” he said. SACRAMENTO — A full-fledged housing crisis has gripped California, where the lack of … Continue reading The Cost of a Hot Economy in California: A Severe Housing Crisis