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Nevada had one of the highest rates of home foreclosures in the country after the 2008 financial crisis slammed its tourism-reliant economy and burst its severe housing bubble. In the years since ...
When the agricultural season ends, the state’s expensive housing sends migrant workers back to Mexico or to nearby states. California has a housing crisis. Why are thousands of farmworker ...
California has long faced one of the largest housing deficits in the United States. In December 2022, CNN reported California had the largest deficit in the nation. A combination of inflation ...
Issi Romem, an economist at the Terner Center for Housing Innovation at the University of California, Berkeley said: "...as long as abundant new housing was built to accommodate those drawn to California, housing price growth was limited and the state's allure was channeled into population growth: From 1940 to 1970 California's population grew 242 percent faster than the national pace, while ...
In addition to shortage and affordability issues, the term "housing crisis" has been used for overlapping concepts such as a "fair housing crisis," involving residential discrimination and effects of segregation; an "eviction crisis"; issues of gentrification and displacement; and environmental concerns.
As the fastest growing state in the U.S. during the United States housing bubble, Nevada was hit especially hard by subprime mortgage crisis. [1] The Nevada Policy Research Institute argues that the state government raised taxes during an economic boom and increased government spending more than 20% in 2004. The shortfall for 2008 and 2009 ...
Something broke in California in the 1970s, and its housing market was never the same. In the decades since, the Golden State has grown into a gross exaggeration of every other state, complete ...
California will have to spend $18 billion a year over the next decade to build the 1.2 million homes necessary to meet urgent housing needs.