FRIDAY - home run
- Yelp CEO calls on Google, Facebook to help housing crisis
- Rent control measure on its way to California ballot
- Nightmare 90-minute ‘super commutes’ more common as Bay Area housing shortage intensifies
- Median Bay Area Housing Price Hits $820K
- The housing crisis isn’t just about affordability—it’s about economic mobility, too
- Trending Now: Great Ideas From the Most Popular New Entry Spaces
- 8 Statement-Making Kitchen Backsplashes Beyond Basic Tile
Enjoy!
Yelp CEO calls on Google, Facebook to help housing crisis -Contrary to what critics contended, the bill would not have “wiped away all local control,” Wiener said. Cities could still impose their own approval process, design standards, affordable-housing requirements and demolition controls. Many business, real estate and housing groups supported the bill. But it faced stiff opposition from cities that didn’t want to give up any local control, neighborhood groups afraid of overcrowding and some affordable-housing advocates who thought it would displace low-income residents.
Rent control measure on its way to California ballot - Funded primarily by the foundation and backed by labor and tenants' rights groups across California, the initiative seeks to repeal a 1995 state law called the Costa-Hawkins Rental Housing Act. If repealed, cities and counties would be able to strengthen existing rent control policies, or pass new laws that go further than what's currently allowed. At present, laws in jurisdictions with rent control are prevented from covering large amounts of housing, including single-family homes, condos and duplexes. All units built after 1995 also are exempt.
Nightmare 90-minute ‘super commutes’ more common as Bay Area housing shortage intensifies - Several factors make the Bay Area’s commutes especially fraught — chiefly, the namesake bay that cleaves the region in half, said Ratna Amin, transportation policy director for SPUR, a local urban research nonprofit. Millions of commuters are forced to squeeze across just a handful of bridges or use BART, the only rail system that crosses the bay. Furthermore, the Bay Area’s job centers are diffused across the region instead of consolidated in one hub, posing added challenges for officials attempting to connect them via public transit, she said.
Median Bay Area Housing Price Hits $820K - Santa Clara County is currently seeing the highest rate of change in year-over-year estimates, according to CoreLogic. Median home prices jumped 33.6 percent from $898,000 in March 2017 to $1.2 million in March 2018.
The housing crisis isn’t just about affordability—it’s about economic mobility, too - But California’s golden reputation has been tarnished in recent years by its high cost of living. According to a survey released last week by the Luskin School of Public Affairs at UCLA, residents of Los Angeles County have become increasingly anxious about housing costs, especially young adults. That comes as no surprise to those following the state’s rising housing costs, as well as recent legislative efforts to make California more affordable, like California senate bill SB 827, which would allow more development near transit lines. But that’s not the entire problem. Spiraling housing costs, and the land-use restrictions that often accelerate unaffordability, don’t just push people out, but keep others out as well. Housing costs are keeping many Americans from moving to opportunity.
Trending Now: Great Ideas From the Most Popular New Entry Spaces - favorite entryways include features such as functional benches and an indoor contemplative garden
8 Statement-Making Kitchen Backsplashes Beyond Basic Tile - Look to metal, glass and even wooden crates for an attention-getting backsplash that might even save you some money
