While many Californians think that their state could solve the affordable housing crisis by just ramping up construction, others blame a lack of rent control, not enough funding for affordable homes and too strict environmental controls.
A new federal study demonstrates that about 400,000 young adults struggle with student debt to the extent that they cannot afford a mortgage.
In unveiling a new budget for California, the state’s newly inaugurated governor Gavin Newsom has emphasized $1.75 billion to address a severe affordable housing shortage.
Job growth and population gains in California’s mostly rural Central Valley surpassed the same measures in the state’s more populous Bay Area and Southern region, which some analysts say could be encouraging trends for the coming year.
The partial federal government shutdown is impacting housing agencies responsible for financing affordable housing, clean drinking water and rural economies, according to the National Rural Housing Coalition (NRHC).