Items Tagged with 'California housing crisis'

ARTICLES

  • California voters decisively defeat rent control effort

    Nearly two-thirds of voters cast ballots against Costa-Hawkins repeal
    In addition to going to the polls Tuesday and picking a new governor, lieutenant governor, a host of new members of the House of Representatives, and re-electing one of their two senators, California voters also soundly defeated a push to increase rent control in the state. While the measure’s supporters surely view the defeat as a setback, an analysis from UBS argues that the proposition losing is actually the best thing for all involved.
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  • LA demolishes affordable housing to build luxury homes

    More than 20,000 units taken off the market since 2001
    There is already a huge gap when it comes to income as well as finding a place to stay in California, especially in Los Angeles. In the city, instead of helping low income families, investors are demolishing rent-controlled buildings in favor of luxury homes.
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  • San Francisco Assemblyman confronts city's housing crisis

    Bills would restore rental developments and aid senior citizens
    San Francisco Assemblyman Kevin Mullin wants to address the region’s housing crisis by presenting two bills that focus on requiring more affordable housing in certain developments and allowing senior citizens to keep more tax money after selling their homes.
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