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The Supreme Court says home builders in California may challenge the fees commonly imposed by cities and counties to pay for new infrastructure. Builders may fight 'impact fees' that fund ...
A price-to-income ratio of 3 and below was deemed affordable, with higher ratios corresponding to worsening levels of unaffordability. A ratio of 9 or above was labeled "impossibly unaffordable."
The California Legislative Analyst's Office 2015 report "California's High Housing Costs – Causes and Consequences" estimates that for the state to have kept housing prices no more than 80% higher than the median for the U.S. as a whole (the price differential which existed in 1980, as opposed to the >150% differential which exists today ...
(The Center Square) - The monthly payment to purchase an entry-level California home has risen 88% since 2020, according to a new report from the non-partisan, state-funded Legislative Analyst’s ...
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