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December 16, 2024 at 6:00 AM. ... The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according ...
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 ...
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 ...
In 2024, zoning remains a much-discussed avenue to alleviate the housing shortage. [14] Mayor Breed proposed in July 2024 rezoning for more housing in areas that currently require a high percentage of office space. [15] And there were a number of state led bills to loosen zoning restrictions near public transit. [16]
A 2019 report estimates that 4.75 million households in Great Britain are in need of adequate affordable housing. [19] In the 2019 general election, both major political parties identified the housing gap as an obstacle for the country, and pledged to increase housing supply.
California's home insurance crisis: What went wrong, how it can be fixed and what owners can do ... March 29, 2024 at 4:08 PM. ... That means, for example, if an insurer has a 20% market share ...
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.
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