State Senator Scott Wiener revived a major effort to boost homebuilding near transit last month. Senator Wiener believes Senate Bill 50 (SB 50) is necessary to address the state’s housing affordability and climate change challenges that have increased since a similar bill he proposed earlier this year failed.  Under SB 50, developers would be allowed […]

A surprising thing has been revealed by researchers regarding a trend in California migration. It turns out that the populations of inland counties are growing faster than that of urban coastal counties such as San Joaquin and Sacramento. Around 2014, Phuong Nguyen, who is a research specialist at the California Department of Finance, began noticing […]

According to The Sacramento Bee, California Treasurer John Chiang has helped award tens of millions in tax credits and bonds over the last decade to a handful of affordable housing developers who contributed to his political campaigns. In August, The Sacramento Bee reviewed the projects done by housing developers and found that Chiang has accepted […]

As Silicon Valley continues to thrive economically, its residents are starting to feel the pain of the rising amount of rent that they have to pay in order to remain in the area. Even mobile homes are starting to get too expensive for the residents and many of them happen to be older residents. One […]

According to a report by the California Association of Realtors (CAR), which is based in Los Angeles, only 32 percent of California households could afford to buy a median-priced home in the first quarter of this year. The report has the median-price of a home at $496,620 and this is the 16th consecutive quarter that […]

The trend of people moving out of California appears to have intensified over the last couple of years. According to the U.S. Census Bureau, domestic migrants are leaving California more quickly than they enter it. The good news is that the overall rate of people leaving is less than what it was in the early […]

UCLA Anderson Forecast Senior Economist Jerry Nickelsburg wrote in his forecast that government agencies need to reconsider their policies surrounding affordable housing if they hope to make a dent in the problem. “The economics are clear,” he wrote. “When affordable housing is provided, say by requiring developers to have a fixed percentage of their new […]