Sacramento Bee – Ray Pearl, executive director of the California Housing Consortium, which advocates for affordable homes: “California leaders have made a commitment to defend our state’s ideals of inclusion and opportunity, yet the budget released today allows an unprecedented housing crisis to continue taking a human and economic toll that undermines these values. “Despite the state’s […]
California’s housing affordability problems ‘as bad as they’ve ever been in the state’s history,’ housing director says
Los Angeles Times – California’s housing affordability challenges remain daunting and continue to increase, according to a draft report from the state’s Department of Housing and Community Development released Tuesday. The report found: Housing production over the last decade fell more than 100,000 new homes short of demand and continues to lag, leading to surging prices at all income levels. The state’s homeownership rates are at their lowest since the 1940s. One-third of the state’s renters spend more than half their income on housing costs.
San Francisco Chronicle – California rarely shies away from big challenges, from solving big problems to leading on our most difficult issues — social, environmental, economic. It’s in our DNA. So it’s surprising that California has made so little progress in addressing a housing crisis that is hurting millions of people, robbing future generations of a chance to call California home, killing economic opportunity for workers and businesses, tearing apart communities, pushing growing numbers into homelessness and even undermining our efforts to battle climate change.