State’s housing prices too high for middle-income residents
A housing shortage is driving the middle class out of California. Several reports from Next 10 and Beacon Economics illustrated the state’s growing housing to jobs imbalance. Housing prices will continue to climb unless cities and counties increase residential densities and streamline the permitting process, according to the reports. More people are leaving the state Read More →
Read More →Coastal housing groups help workers buy or rent
Live near work. It’s a concept that’s vexed tri-county businesses as they’ve struggled to recruit and retain employees. The Santa Barbara-based Coastal Housing Partnership has made a name for itself by helping the region’s employees buy homes and rent apartments near their jobs. The nonprofit works with about 50 business owners who pay an annual Read More →
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Cal Poly SLO tries to put dent in housing crunch
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Read More →Dubroff: Coastal Commission should tackle housing shortage
It is perhaps appropriate that an effort to unseat Charles Lester, executive director of the California Coastal Commission, might just come to a head in Morro Bay on Feb. 10. That’s the date when the commission is set to hold a public meeting over so-called “performance issues” that have led, apparently, to an effort by Read More →
Read More →Expand public-private partnerships to increase affordable housing
More than 1.5 million low-income California renters spend more than half their income on housing, according to a recent Center on Budget and Policy Priorities report. That’s up 28 percent since the housing market crash. There is a role for federal and local policy in trying to address this issue, but we cannot hope to Read More →
Read More →2016 expected to be good year for real estate in Tri-Counties
Despite the slight increase of interest rates and the drought’s persistence, real estate brokers are bullish on 2016. The Federal Reserve’s decision to gradually raise interest rates throughout 2016 will not likely have a short-term impact on development and real estate activity, industry sources told the Business Times. And while the city of Pismo Beach Read More →
Read More →Executive housing will help Ventura compete for major employers
The city of Ventura has taken a big step to secure its future as a business center for the 21st century. After a marathon session, the City Council gave preliminary approval for a plan that will eventually lead to the creation of a 55-unit executive housing development called La Viera, preserving some 200 acres for Read More →
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