Failed State Update: Housing Costs

Hans Johnson and Eric McGhee at PPIC While California’s housing market has undergone tremendous changes over the years, with some aspects worsening in the last decade, the central problem—high housing costs—remains the same. On PPIC’s 30th anniversary, we take stock...

Failed State Update: Insurance and Housing

Levi Sumagaysay at CalMatters: Like single-family homeowners in California, landlords are facing higher insurance premiums, too. And they’re passing along some of those costs to their tenants.   Many insurance companies have stopped writing policies in the state...

Failed State Update: Cost of Living

From the California Association of Realtors:  Mortgage rates that surged to their highest levels since late last year hampered California home sales in May on both a monthly and an annual basis, while the statewide median home price exceeded $900,000 for the second...