Although most housing analysts single out construction costs as driving home prices, a recent study suggests that today land prices may influence prices even more.
California’s housing shortage is, by some estimates, the worst it’s ever been. But according to an editorial in the Fresno Bee, the crisis is most acute in the state’s Central Valley …
While much has been reported on the ever-increasing rents in urban areas around the United States, rural residents face the same pressures to pay for housing yet have fewer resources to draw on to overcome these challenges.
Although California lawmakers in 2017 passed several bills to ease housing construction across the state, affordable rental units remain out of reach for many low-income residents. In a new report by the California Housing Partnership, about two-thirds of the more than two million very low-income renters in the state spend more than half their income on rent.
The U.S. Department of Housing & Urban Development is encouraging developers to build affordable housing in the 8,700 federally designated Opportunity Zones.