Category Archives: Economy
Nightmare 90-minute ‘super commutes’ more common as Bay Area housing shortage...
Source: Housing Wire The Stockton region now leads the nation in its share of commuters who spend 90 minutes or more getting to work, according to a study released Wednesday by Apartment List. Ten percent of the region’s commuters made...
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Black buyers struggle more to find housing in Bay Area, new...
Source: The Mercury News It’s tough to buy a home in the Bay Area these days, but the prospect is especially daunting for black and Hispanic households, according to a new report Tuesday that highlights the role race plays in the region’s...
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Number of multigenerational households hit all-time highs
Source: Housing Wire The share of Americans living in multigenerational households, homes with two or more adult generations, hit an all-time high in 2016, according to a new analysis of U.S. Census Bureau data from the Pew Research...
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Bay Area trend: Low earners move out, high earners move in
Source: The Sacramento Bee New residents to the Bay Area are earning far more than the people they're chasing out, a new report says, pushing up home prices and highlighting the gap between owners and renters in Silicon Valley. Lower...
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‘Extreme’ rent control could be coming to California soon
Source: The Sacramento Bee A costly and potentially bruising campaign is taking shape over rent control in California, with deep-pocketed Los Angeles activist Michael Weinstein bankrolling a proposed November ballot initiative to repeal a state...
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Rent control, property taxes and taller apartment buildings: California considers major...
Source: The Mercury News The state’s housing crisis is back on the agenda as California lawmakers return to work after a months-long recess. Proposals floated on the first week of the year would bring major changes to laws governing property...
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