California is building barely enough new housing amid population growth, although state lawmakers have several options to address the crisis during this legislative session.
Housing supply across the country has declined for the past two years and this scarcity has caused homeownership to hit a near 50-year low. Now, with more than 80 million millennials nearing home buying age, the shortage is expected to only worsen.
On June 26, the first group of 10 homeowners participating in the U.S. Department of Agriculture Rural Development Mutual Self-Help Home Program helped raise the first wall of the first self-help home in Williams, California.
After several years of planning and hope, the first group ever of self-help housing families on the island of Guam have begun construction on 13 homes.
Just over the Santa Cruz Mountains, the South Coast stretching along Highway 1 remains the least densely populated segment of the Bay Area. Nicknamed “the Slowcoast” by locals, the area is home to fewer than 3,000 people.