California Housing Targets Missed as Most Cities Fall Behind
#CaliforniaHousing #HousingCrisisCalifornia housing targets lag badly: under a third of jurisdictions meet market-rate goals, only 6% hit very-low-income quotas, and just five areas satisfy all targets. Planning outpaces actual construction, hindered by costs, subsidies, and political will. read more
California fire-damaged home sells for $1 million
#CaliforniaHousing #HousingCrisisCalifornia's housing crisis is so severe that a burned-out, unlivable ranch home in Torrance, Los Angeles, sold for $1 million, reflecting a serious shortage where mid-tier homes average $775,000. read more