The Cost Of A Hot Economy In California: A Severe Housing Crisis

An explosion in costs has emerged as a central problem for the state, and state and local governments are pondering a series of measures to correct course.

Topics:  cost   state   
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    Low interest rates and a strong economy continued to drive Orange County homebuying to a 12-year high in August, despite a severe shortage of homes ... Pro-development groups join the battle in California housing wars Income needed to afford the median ...
    09/19/2017 - 12:40 pm | View Link
  • Here’s why housing costs are so high
    While listed housing prices dipped dramatically in the wake of the Great Recession, rents in California remained relatively stable before soaring in recent years in hot markets ... that housing shortages cost the economy between $143 billion and $233 ...
    09/13/2017 - 8:55 pm | View Link
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  • The cost of a hot economy: housing crisis hell
    A full-fledged housing crisis has gripped California, marked by a severe lack of affordable homes and apartments ... The extreme rise in housing costs has emerged as a threat to the state’s future economy and its quality of life. It has pushed the ...
    07/18/2017 - 1:02 am | View Link
  • California’s Single-Payer Health Care Plan Would Cost More Than the State’s Whole Budget
    "Needless to say, doubling California's tax burden would give them the highest taxes in the country by far," Joe Henchman, vice president of state projects for the Tax Foundation, told Reason on Tuesday. The proposal "will cost employers and taxpayers ...
    05/23/2017 - 7:46 am | View Link
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    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
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    The United States housing bubble was a real estate bubble affecting over half of the U.S. states. Housing prices peaked in early 2006, started to decline in 2006 and ...
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