Why more construction didn’t fix California’s high housing costs
Build it – and they will fall.We’re often told that California housing costs will dip if more residences are constructed. My trusty spreadsheet’s peek into real estate and demographic patterns, however, questions the wisdom behind construction as a significant housing-cost containment measure.You ca
San Diego preparing to put downtown’s old Central Library on the market
After more than two years exploring its options, San Diego is now preparing to market the empty old Central Library at Eighth Avenue and E Street for sale or lease to maximize redevelopment of the half-block, downtown property where height limits are not a constraining factor.On Thursday, San Diego’
Many Californians need six-figure incomes to afford rent
California is home to five of the eight U.S. metropolitan areas where a six-figure income is necessary to be a financially comfortable renter.My trusty spreadsheet analyzed April rent data from Zillow, which tracked the stress on household finances caused by the rising cost of being a tenant in the
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