California affordable housing bills clear Assembly

SACRAMENTO, Calif. (AP) — The California Assembly approved a package of bills to address the state’s housing crunch late Thursday as lawmakers search for ways to generate more money and streamline regulations that can stifle new construction. The tense and dramatic late-night vote in the Assembly sets up a final decision on Friday in the […]

Will a Tax Increase Make California’s Housing More Affordable?

(CBM) – State lawmakers are in the midst of trying to solve California’s ongoing housing affordability crisis. According to the non-partisan Legislative Analyst’s Office, California has had historically higher rent and home prices than the rest of the nation, but the gap is widening at a worrying rate. In some areas of Los Angeles, renting […]