Relevant Articles Addressing the Housing Crisis in California
The high cost of home ownership is continuing to drive up the cost of renting, according to a recent report by the University of Southern California Lusk Center for Real Estate.
Declining home ownership rates, falling vacancy rates, an increasing population and job growth in Southern California will all contribute to rising rents over the next two years. Practically, this means average rent increases of $149 a month in Orange County, $136 a month in Los Angeles County and $124 a month in the Inland Empire.
By THE EDITORIAL BOARD OC REGISTER
OCT 17, 2017
Home price increases have been outpacing wages for years. The Union-Tribune looks at possible solutions.
What we found:
- Zoning changes, emphasis on townhomes and reduced regulation would likely speed up construction;
- Biggest hurdles continue to be anti-growth sentiments and lack of land zoned for housing;
- Solutions for the future may include streamlined permitting processes, a change in parking requirements and a greater mix of housing types
By Roger Showley and Phillip Molnar, Dec. 4, 2017
I would say the the majority of the United States does not have affordable housing problems, at least not to the extent that we do in the New York City or San Francisco Bay areas. Affordable housing can include low-income housing, but the two are not the same thing. When I am talking about affordable housing problems, I mean cities where you are paying around $3,000 a month for a 1 bedroom apartment.
By Andrew Price, April 22, 2016
Many people think of homelessness as a problem of substance abusers and mentally ill people, of chronic skid row street-dwellers pushing shopping carts. But increasingly, the crisis in Los Angeles today is about a less visible (but more numerous) group of “economically homeless” people. These are people who have been driven onto the streets or into shelters by hard times, bad luck and California’s irresponsible failure to address its own housing needs.
By THE TIMES EDITORIAL BOARD, FEB 26, 2018
The home-buying struggles of Americans, particularly millennials, have been well documented. Yet a recent study by Hunt.com found that the often-proposed “solution” of renting is not much of a panacea. Rents as a percentage of income, according to Zillow, are now at a historic high of 29.1%, compared with the 25.8% rate that prevailed from 1985 to 2000.
By Joel Kotkin, Contributor, Oct 19, 2017
San Francisco’s state senator, Scott Wiener, has introduced a bill that would all but abolish the city’s famously strict land use controls—and virtually every other residential zoning restriction in California’s urban neighborhoods. It’s just about the most radical attack on California’s affordability crisis you could imagine.