Housing
California
Xavier Becerra’s plan to inflate California’s housing prices
At a recent debate, Xavier Becerra discussed his plan to make housing “more affordable” in California. But his agenda would do the opposite if enacted. If his policy ideas become law, home prices will soar even higher. Becerra, a former Biden Cabinet member, California attorney general, U.S. House member and ...
Blog
Finding the missing middle: How to build more starter homes
“Affordable housing” has become a commonly used phrase in California because there is so little of it. Activists demand it and policymakers promise they can produce lots if it through their clever legislating. But their plans usually include housing where they want it (near public transit centers), not necessarily where ...
Blog
California Governor Candidate Becerra’s Price Controls Would Backfire on Families
At a recent California gubernatorial debate, former Attorney General Xavier Becerra was asked which specific cost, gas, groceries, utilities, or childcare, would he lower first as governor. He answered: “…one of the things that I will do immediately is I will freeze utility rates, and I will freeze home insurance ...
Blog
Beyond trailer parks: Modular housing can boost affordability
The nation enjoys a “very high rate of economic activity,” yet “housing construction hasn’t been high.” Inflation’s a major factor — “land is several times more expensive than it’s been in the past,” and costs for “materials have gone way up.” Paradoxically, “we’ve been losing ground in meeting housing needs ...
Blog
Proposed $10 billion housing bond will only burden California cities
California’s housing overhaul has been so extensive — 45 bills signed last October alone by Gov. Gavin Newsom — the results won’t be clear for years. Even so, voters this November 3 may get to decide on another $10 billion in housing bonds. That’s from the Affordable Housing Bond Act ...
California
Building more is the key to affordability
California policymakers are obsessed with boosting “affordable housing,” which makes sense when housing in the state is out of reach to a large portion of its residents. They’re trying to solve the problem from the wrong end, though. The supply of affordable housing is best expanded not by focusing on ...
Blog
California Risks Deepening Home Insurance Crisis with Latest Bills
One measure, Senate Bill 876, would establish accelerated timelines for insurers to pay the cash value of both damaged property and associated replacement costs in the event of an emergency. Residential property insurance policies would have to offer at least 50% extra replacement coverage beyond the policy’s stated limit. To ...
Blog
Another Tax That Backfired
Passed in 2022 by nearly 58% of Angeleno voters, Measure ULA initially imposes an additional 4% tax on the sales of any homes or commercial properties, not just mansions, valued at more than $5.3 million. The rate on sales of properties sold at more than $10.6 million rises to 5.5%. The dollars coming in are dedicated ...
California
Empty home tax failed elsewhere — why try it here?
Maybe 2026 is the year of the tax hike in a state where taxes are already an existential burden. Among the many proposed hikes is San Diego Councilmember Sean Elo-Rivera’s call for up to a $15,000 annual levy on empty second homes in the city through a proposed June ballot ...
Blog
Arizona cities should be blocked from blocking short-term rentals
Ten years ago, then-Arizona Gov. Doug Ducey signed Senate Bill 1350 into law, preventing local governments from banning short-term rentals in their respective jurisdictions. “For thousands of hardworking citizens, opening up their home to out-of-state guests provides the financial breathing room they need to provide for their family or enjoy ...
Xavier Becerra’s plan to inflate California’s housing prices
At a recent debate, Xavier Becerra discussed his plan to make housing “more affordable” in California. But his agenda would do the opposite if enacted. If his policy ideas become law, home prices will soar even higher. Becerra, a former Biden Cabinet member, California attorney general, U.S. House member and ...
Finding the missing middle: How to build more starter homes
“Affordable housing” has become a commonly used phrase in California because there is so little of it. Activists demand it and policymakers promise they can produce lots if it through their clever legislating. But their plans usually include housing where they want it (near public transit centers), not necessarily where ...
California Governor Candidate Becerra’s Price Controls Would Backfire on Families
At a recent California gubernatorial debate, former Attorney General Xavier Becerra was asked which specific cost, gas, groceries, utilities, or childcare, would he lower first as governor. He answered: “…one of the things that I will do immediately is I will freeze utility rates, and I will freeze home insurance ...
Beyond trailer parks: Modular housing can boost affordability
The nation enjoys a “very high rate of economic activity,” yet “housing construction hasn’t been high.” Inflation’s a major factor — “land is several times more expensive than it’s been in the past,” and costs for “materials have gone way up.” Paradoxically, “we’ve been losing ground in meeting housing needs ...
Proposed $10 billion housing bond will only burden California cities
California’s housing overhaul has been so extensive — 45 bills signed last October alone by Gov. Gavin Newsom — the results won’t be clear for years. Even so, voters this November 3 may get to decide on another $10 billion in housing bonds. That’s from the Affordable Housing Bond Act ...
Building more is the key to affordability
California policymakers are obsessed with boosting “affordable housing,” which makes sense when housing in the state is out of reach to a large portion of its residents. They’re trying to solve the problem from the wrong end, though. The supply of affordable housing is best expanded not by focusing on ...
California Risks Deepening Home Insurance Crisis with Latest Bills
One measure, Senate Bill 876, would establish accelerated timelines for insurers to pay the cash value of both damaged property and associated replacement costs in the event of an emergency. Residential property insurance policies would have to offer at least 50% extra replacement coverage beyond the policy’s stated limit. To ...
Another Tax That Backfired
Passed in 2022 by nearly 58% of Angeleno voters, Measure ULA initially imposes an additional 4% tax on the sales of any homes or commercial properties, not just mansions, valued at more than $5.3 million. The rate on sales of properties sold at more than $10.6 million rises to 5.5%. The dollars coming in are dedicated ...
Empty home tax failed elsewhere — why try it here?
Maybe 2026 is the year of the tax hike in a state where taxes are already an existential burden. Among the many proposed hikes is San Diego Councilmember Sean Elo-Rivera’s call for up to a $15,000 annual levy on empty second homes in the city through a proposed June ballot ...
Arizona cities should be blocked from blocking short-term rentals
Ten years ago, then-Arizona Gov. Doug Ducey signed Senate Bill 1350 into law, preventing local governments from banning short-term rentals in their respective jurisdictions. “For thousands of hardworking citizens, opening up their home to out-of-state guests provides the financial breathing room they need to provide for their family or enjoy ...