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Institutional Investors in California Housing Markets

TL;DR: Following the Global Financial Crisis of 2007-2008, large institutional investors, such as the private equity firm Blackstone,  purchased foreclosed homes in distressed neighborhoods throughout the country. Many of these neighborhoods were the same historically Black and Latino neighborhoods that…

Did Displacement Play a Role in California’s COVID-19 Surge?

For the past two months, Southern California was America’s COVID-19 epicenter. Throughout the month of January, someone in Los Angeles County died every six minutes from COVID-19 related complications. The pandemic ravaged the Los Angeles area to such a degree that air-quality…

Black Housing Heroes: Tia Boatman Patterson

I have experienced everything from homelessness to homeownership. I grew up in public housing with a single mom who purchased her first home through a first-time homebuyer program in the mid ’70s. It used to be that a single woman…

Parking Requirements are a Mandate for Expensive Housing

An abundance of academic literature strongly suggests that parking requirements hurt American households by raising the cost of housing and increasing demand for automobile travel by artificially lowering the cost of car storage. Essentially, by reserving land for parking irrespective…

How Many New Homes Should California Build?

With each passing year, California’s housing crisis has grown worse. Past decisions by our state’s cities and counties to reduce the number of homes it is legal to build have caused high rents, low affordability, and an exodus of middle-income…

The Little Engine That Could (Fund Itself)

Can public transit fund itself by building housing on its land? That’s the fundamental question Common Ground California asks in their new white-paper, “Transit Value Capture for California.” The idea from authors Derek Sagehorn and Joshua Hawn is simple: public…

Evictions and Pandemic: Deadly, and Preventable

COVID-19 has wrought incalculable tragedy and destruction on Californians, much of which has been exacerbated by an eviction crisis that could have been largely prevented with more robust interventions. A new working paper from UCLA public health scholars finds that…