As affordable-housing agreements written 30 years ago begin to lapse, California is set to lose more than 34,000 affordable-rent units.
Developers blame a half-century-old law for slowing development. Studies show there are other factors at work.
Co-published by Fast Company
As cities struggle to rein in the short-term rental service, a detente in San Francisco may show the way.
Although California’s leading politicians favor rent-cap legislation, none is on the horizon.
Co-published by Splinter
Research shows that corporate landlords are contributing to a rise in housing prices.
Advocates say California’s new governor can use his bully pulpit to support affordable housing — and to build on 15 housing bills Jerry Brown signed in 2017.
Capital & Main looks back at the year through 10 stories.
How can the new administration best help California’s neediest residents?
Most experts don’t believe that the governor-elect’s target of creating 3.5 million new units by 2025 is achievable. Still, they are energized by his bold plans.
Co-published by Fast Company
California’s high rents are undermining tenants’ retirement prospects and the broader economy.
What: Randy Shaw discusses his book, Generation Priced Out.
When/Where: Skylight Books, Los Angeles; Saturday, Nov. 17, 5 p.m.
When I began writing my new book on the pricing out of the working and middle class from urban America — Generation Priced Out: Who Gets to Live in the New Urban America — the first place I turned to after the Bay Area was Los Angeles. I grew up in Los Angeles. I try to closely follow its land-use politics but was shocked to see how even neighborhoods like Boyle Heights faced displacement and gentrification. I also learned that Venice, which I always thought of as a progressive bastion, was filled with homeowners opposed to affordable housing in their neighborhood. The deeper I looked, the more I found the reasons for Los Angeles’ worsening housing and homelessness crisis: The city was not effectively protecting tenants and its rent-controlled units,
» Read more about: Randy Shaw on Los Angeles’ Lost Housing Generation »
For in-depth analysis of millennials’ economic dilemma, read Eric Pape’s latest “Priced Out” report.
Co-published by Fast Company
Is our budding tech utopia setting the stage for a working-people’s dystopia? Welcome to California’s cost-of-living crisis.
California’s housing shortage has made it difficult to be middle class and harder to be poor. Today’s median-priced California home costs more than twice the median-priced U.S. home, according to Zillow.
Co-published by International Business Times
In California’s recent legislative “grand compromise” of an affordable housing package, developers got subsidies for building and a streamlined path to construction. It’s hard to see what they gave up in the exchange.
Co-published by The American Prospect
California’s red-hot housing market has made renters vulnerable to rapidly increasing rents that they struggle to pay, or to evictions implemented by landlords who want to raise the rent on new tenants.
California’s housing predicament has been at critical mass for a long time – on any given night there are 47,000 homeless people living on L.A. County streets.
Rarely has a ballot measure united so many divergent groups in opposition as has Measure S, a proposition on the city’s March 7 ballot that would impose strict limits on development.
Sasha Abramsky: Why hopes are riding on the Build Better LA Initiative.