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Impossibly high home prices are ‘feudalizing’ California as unaffordable housing markets pose existential threat to middle class, study says Jason Ma June 16, 2024 at 1:47 PM
Compared with a year earlier, the median was still up 10.5%, according to real estate firm DQNews. That's a big increase but far smaller than the 16.7% seen as recently as April. So what does this ...
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 ...
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 ...
In the United States, rent control refers to laws or ordinances that set price controls on the rent of residential housing to function as a price ceiling. [ 1] More loosely, "rent control" describes several types of price control: "strict price ceilings", also known as " rent freeze " systems, or " absolute " or " first generation " rent ...
Record homelessness, sky-high rents, and homes affordable only to millionaires: A case study in how local control and a shifting national economy created today’s perverse housing market.
Starting in the 1990s, the city of San Francisco and the surrounding San Francisco Bay Area have faced a serious housing shortage. The Bay Area's housing shortage is part of the broader California housing shortage. In October 2015, San Francisco had the highest rents of any major US city. [ 2] The nearby city of San Jose had the fourth highest ...
One of the seven projects at issue, a rehabilitation of an 84-unit public housing complex in San Francisco’s Hayes Valley neighborhood, will offer two-, three- and four-bedroom apartments for ...