By nearly every measure, the American housing sector is broken. For decades, city, state and federal policies have contributed to rising rents, falling subsidies and the systematic shift of homeownership to older, richer and whiter Americans. That’s the undeniable upshot…
Is California’s expensive housing scaring away job seekers?
Business leaders up and down the state say California’s expensive housing makes it challenging to recruit new workers — and to keep existing employees here. USC public policy professor Raphael Bostic said if housing costs continue to push certain workers…
Our view: Legislators’ inaction speaks louder than words on housing
The lights are flashing, ever redder and more urgent, on the Bay Area’s housing crisis. How bright do they have to get before our state policy-makers calibrate their actions to the scale of our need? Further evidence of the metastasizing…
Report: Strong Life Sciences Industry in California Could Be Curtailed By High Housing Costs
The life science industry in California remains robust, with more than 360,000 jobs in biotechnology, medical devices and diagnostics – but the soaring cost of real estate may impact its future ability to compete, according to a new study. The…
Pro-Housing Organizations across California Support the Veterans and Affordable Housing Bond Act
California’s rent and housing costs are out of control and hitting veterans especially hard. The Veterans and Affordable Housing Bond Act, also known as Senate Bill 3, authored by Senator Jim Beall, will provide $4 billion in much-needed funding for veterans…
Whose American Dream?
Homeownership is the primary driver of economic wealth in our country. If California’s housing and poverty advocates really want to achieve their vision of an equitable and prosperous society, they must include not just a drive for public and subsidized…
The American Housing Crisis Might Be Our Next Big Political Issue
Several new advocacy groups have sprung up to push for better housing policies at the state and national level. Their first job: Communicating how significant the problem really is. There are already early signs that the discourse on housing is…
High housing costs are driving out lower-income Californians, reports say
California lost lower-income residents to other states over a recent 11-year period, while gaining wealthier households from elsewhere in the U.S. The disparity reflects the state’s sky-high rents and home prices, according to several reports released Thursday. The studies, produced…
Editorial | Is the California housing crisis leading to a tech brain drain?
Stories about California’s housing crisis often focus on how the high cost of shelter hammers the poor, increases homelessness and makes home ownership seem a distant dream for young people. But a new article in Chief Executive magazine offers a housing perspective…
A Tech Company Wades Into Housing Politics
Today, Stripe, the six-year-old online payments company that has been valued at $9 billion by private investors, is expected to announce a $1 million donation to California Yimby, a housing advocacy organization that was a driving force behind a recently killed bill that…