One of the most controversial measures on the November 6 ballot in California is Prop. 10: the repeal of the landmark Costa-Hawkins Act that places limits on rent control. Real estate investment trusts are donating big time to defeat it.
Kathleen Pender, business columnist for the San Francisco Chronicle, points to two reasons why home prices rise amidst a Bay Area exodus to other states. On a state level, out-migration shows California's strong but dysfunctional economy.
The Golden State may have the nation's most severe housing crisis, but there is one area of state housing policy where it shines, becoming a model for other states that want to advance accessory dwelling units, also called granny or in-law units.
Public bikeshare arrived in San Diego in 2014. Last month, three companies unleashed thousands of dockless bikes, cluttering sidewalks in three business districts to the chagrin of merchants who want a time-out so the city can develop regulations.
Voters in Santa Rosa, California rejected a measure that would have retained the rent and eviction control ordinance that the city council had approved lasted August. The referendum was placed on the ballot by the California Apartment Association.
Voters in six Bay Area cities in four Bay Area counties will determine the outcome of eight ballot measures on rent and eviction control. Two of the cities will have city council-sponsored measures competing against voter initiatives.
If you can afford it, now would be a good time to move to San Francisco and rent in a new, high-end apartment building. Rents will still be among the highest in the country, but property owners are offering many perks.
We've seen builders responding to high demand for residential housing Manhattan and Seattle, but could it be happening in San Francisco? Sort of, according to San Francisco Chronicle business columnist, Kathleen Pender.