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California"s Housing Nightmare Is Only Getting Worse

California's Housing Nightmare Is Only Getting Worse When historians look back on contemporary California, one thing they'll be bound to make note of is that the state's developers bet on the wrong model. E.....»»

Category: blogSource: zerohedgeNov 8th, 2019

California"s Housing Bubble"s So Bad, 100s Forced To Live On Boats 

California's housing affordability crisis is getting worse. Affordability in San Francisco is now at.....»»

Category: blogSource: zerohedgeMay 19th, 2019

"A difficult pill to swallow:" California"s housing industry is bracing for a new regulation that could make its affordability crisis worse

J.....»»

Category: topSource: businessinsiderMay 12th, 2018

Crisis Levels: California"s Housing Affordability Plummets To 10-Year Low

California’s housing affordability crisis is progressively getting worse. It has now plummeted to its lo.....»»

Category: blogSource: zerohedgeAug 12th, 2018

Rent control gets a potential re-do with California"s Prop 10

One of the most contentious items on California's November ballot is Prop 10, which has landlords and the rental housing industry fighting hard as they claim it would make the state's housing crisis worse......»»

Category: topSource: bizjournalsOct 8th, 2018

Why housing costs so much in California and why it may only get worse

California leads the nation in many categories from population to venture capital funding. Add lack of housing supply to the list. The Golden State is under supplied by 3.4 million homes to meet its current housing needs, according to a report o.....»»

Category: topSource: bizjournalsNov 1st, 2018

Cisco engineers accused of discriminating against employee over Hindu caste

A new lawsuit filed by California's Department of Fair Employment and Housing claims two Cisco engineers discriminated against an employee over his low-ranking Hindu caste......»»

Category: topSource: bizjournalsJul 2nd, 2020

‘The housing emergency most harms people of color:’ Black Americans face an unequal housing market — and coronavirus could make it worse

‘Without focused action, the pending tsunami of evictions and homelessness will disproportionately affect Black and brown people.’.....»»

Category: topSource: marketwatchJun 3rd, 2020

A startup wants to turn your garage into a tiny home and give you $500 a month to help quell a crushing housing shortage. Here"s what the homes look like.

United Dwelling A California startup is aiming to turn your unused garage or backyard space into affordable tiny homes to rent out to tenants for $1,300 to $2,100 a month, depending on the neighborhood. The units are studio .....»»

Category: topSource: businessinsiderMay 23rd, 2020

NewsWatch: Investors should prepare for a U.S. ‘economic depression,’ warns Kyle Bass, but China’s fate could be even worse

Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and now he is predicting an economic contraction that could be more than three times as severe as that suffered during the Great Financial Crisis......»»

Category: topSource: marketwatchMay 13th, 2020

Investors should prepare for a U.S. ‘economic depression,’ warns Kyle Bass, but China’s fate could be even worse

Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and now he is predicting an economic contraction that could be more than three times as severe as that suffered during the Great Financial Crisis......»»

Category: topSource: marketwatchMay 13th, 2020

Investors should prepare for a U.S. “economic depression,” warns Kyle Bass, but China’s fate could be even worse

Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and now he is predicting an economic contraction that could be more than three times as severe as that suffered during the Great Financial Crisis......»»

Category: topSource: marketwatchMay 13th, 2020

California County To Remove COVID-19 Patients From Homes Based On "Living Situation" -- Will Place In "Other Kinds Of Housing"

California County To Remove COVID-19 Patients From Homes Based On 'L.....»»

Category: blogSource: zerohedgeMay 7th, 2020

Affordable housing developer"s West Sac, Auburn projects ready to go

Mercy Housing California officials found themselves surprised in recent months when two different projects were funded sooner than expected......»»

Category: topSource: bizjournalsApr 28th, 2020

The latest housing numbers are worse than they look

A drop of 17.5% in new construction starts seems tame at first glance ... until you look at the context......»»

Category: topSource: moneycentralApr 23rd, 2020

How much help will a $1,200 federal stimulus check be for someone living in Silicon Valley? Not that much, actually.

Stimulus checks won’t help residents in Silicon Valley and the rest of the Bay Area as much as they would in other parts of the country. The reason is the usual California culprit: Sky-high housing costs. Although the regional economy shows si.....»»

Category: topSource: bizjournalsApr 21st, 2020

Morgan Stanley Misses On EPS, But Shows Strong Trading Results For Q1 As Banks Wrap Up

Any rally today will have a fight on its hands against a cascade of fresh dismal data. Initial jobless claims of 5.2 million last week came in a little worse than analysts had expected, and housing starts fell out of bed in March with a 22.3% decline. .....»»

Category: earningsSource: benzingaApr 16th, 2020

Goldman says downturn will be 4 times worse than housing crisis

Goldman sees a second quarter GDP decline of 11% from a year ago and 35% from the previous quarter on an annualized basis......»»

Category: topSource: moneycentralApr 14th, 2020

"The shut down is not good for anyone": Famed "Big Short" investor Michael Burry unloads on coronavirus lockdowns, says the response has been worse than the disease itself

Getty Images/ Astrid Stawiarz Michael Burry, whose bets against the housing market were documented in bestselling novel and film "The Big Short," sees government lockdowns as more detrimental to Americans than the coronavirus itself. The famous in.....»»

Category: topSource: businessinsiderApr 7th, 2020

Dead deals, slashed prices: Coronavirus drags down Southern California home sales

The coronavirus and its economic fallout are starting to impact the Southern California housing market. The coronavirus and its economic fallout are starting to impact the Southern California housing market......»»

Category: topSource: latimesMar 27th, 2020

Coronavirus threatens to wipe out California"s $21-billion surplus. And it could get worse

Coronavirus: Growing fears that crisis could wipe out California's budget surplus in a matter of months. Coronavirus: Growing fears that crisis could wipe out California's budget surplus in a matter of months......»»

Category: topSource: latimesMar 25th, 2020