Two presidential candidates agree on something: the source of the housing crisis

Two presidential candidates agree on something: the source of the housing crisis

By KATY O’DONNELL
10/14/2024 02:00 PM EDT

Investors have purchased up to 30 percent of available homes at different points over the last few years, mostly turning them into rental housing. Most of the buyers are smaller investors, but Harris, Vance and other critics including Sen. Sherrod Brown (D-Ohio) are focusing on larger entities — those such as private equity firms that buy 100 homes or more — arguing that they’re freezing homebuyers out of the market and jacking up rents.

Marin Voice: Supervisors should follow commission’s lead on court order

Marin Voice: Supervisors should follow commission’s lead on court order

By Amy Kalish
October 9, 2024

A recent Marin County Planning Commission agenda item to finalize the Corcoran v. County of Marin lawsuit, which the county lost, morphed into a much larger exposure of dysfunction between county interests and staff.
On Sept. 23, the commission voted 5-2 to simply follow a court order to remove unlawful language clauses from county documents that had been inserted by staff – over commissioners’ objections – in 2022.

Newsom vetoes bill to fast-track office-to-housing conversions

Newsom vetoes bill to fast-track office-to-housing conversions

By J.K. Dineen
Sep 28, 2024

Developers hoping for a faster and easier path to converting empty office buildings to housing in California’s downtowns will have to wait for another legislative session after Gov. Gavin Newsom vetoed legislation that would have fast-tracked such projects.
The measure, AB3068, would have expedited adaptive reuse projects by mandating by-right approval for projects converting offices to residential or mixed-use in city centers.

Newsom vetoes bill to fast-track office-to-housing conversions

Gavin Newsom signs bills aimed at forcing California cities to approve new housing

By Annie Vainshtein, Sophia Bollag
Sep 19, 2024

Gov. Gavin Newsom signed into law a package of bills intended to bolster California’s response to the dual homelessness and the housing crisis, he announced at a news conference in San Francisco’s Mission District on Thursday morning. Newsom also introduced guidance for up to $2.2 billion in funding through Proposition 1, passed by California voters in March, to construct permanent supportive housing for individuals at risk of — or currently — experiencing homelessness.

Newsom says he’ll sign bill slamming cities that run afoul of California housing laws

Newsom says he’ll sign bill slamming cities that run afoul of California housing laws

By Hillel Aron
September 4, 2024

California Governor Gavin Newsom said Wednesday he plans to sign a bill that would strengthen the state attorney general’s power to fine cities that flout state housing laws.
Once Senate Bill 1037 goes into effect, the attorney general can seek penalties that would be assessed from the date that the housing law violation began. Those much larger fines will now go toward building affordable housing in the jurisdiction being penalized.

Comment on: Democrats are going big on housing despite the risks.

Comment on: Democrats are going big on housing despite the risks.

Ernesto A Barrera
August 26, 2024

Why is it necessary to destroy single family neighborhoods in order to build more affordable housing?
There is absolutely no formula of housing development and growth that indicates any significant lowering of housing costs if more housing is developed. The poor will never be able to afford a home or apartment under current policies of private sector development since there is no incentive to lower the price of housing 75-percent below market rates.