Amid the escalating housing crisis in California, the Los Angeles City Council will consider a motion Nov. 12 preventing online real estate corporations and private equity firms from purchasing affordable single-family housing as investments. The motion was introduced by Council President Nury Martinez and seconded by Councilwoman Nithya Raman, who said the housing crisis has…
LA City Council to Consider Banning Corporations From Purchasing Affordable Single-Family Housing
November 10, 2021
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ArchivedCity CouncilLocal NewsLos AngelesLos Angeles city councilNewsRegional NewsRegional-Local Newssingle-familysingle-family homeownersSouthern CaliforniaUS
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California’s Ill-Conceived New Housing Laws
Commentary On Sept. 16, two days after he handily survived a recall attempt, California’s Democratic Gov. Gavin Newsom signed into a law a bill that obliterates zoning for detached single-family housing in the state. The bill, SB 9, enjoyed the support of nearly everyone whose interests seemed to count: affordable-housing advocates, environmentalists concerned about “suburban…
Biden’s War on Single-Family Homeowners
May 19, 2021
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Affordable Housinghomeownershipinfrastructure billJoe BidenOpinionpropertysingle-family homeownersViewpoints
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Commentary If you saved your money and bought a house in the suburbs, your investment and lifestyle are under attack. President Joe Biden is pushing to end single-family zoning. The biggest item in Biden’s infrastructure bill, now being negotiated with Congress, is $213 billion he claims will to increase affordable housing. Biden wants to put…
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