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hear about the tract house that went for $800,000 above asking? welcome to california 2017

hear about the tract house that went for $800,000 above asking? welcome to california 2017 News Article With The full text news. The Resource Link is down the post and you can View this News Article in the source page.



hear about the tract house that went for $800,000 above asking? welcome to california 2017

the population of california was just above 10 million when i joined the party in 1953. today we’ve got nearly four times as many residents, or just short of 40 million.is that too many people?plenty of folks think so, judging by the reaction i get whenever i write about california’s housing crisis. that was true last week, after i said a basket of bills to finance more housing would offer some pain relief if not a cure.what crisis? readers asked.“the issue in california is not lack of housing, but an oversupply of people,” wrote sunnyvale resident mark baker, who advocated for a population cap. “the only solution is to reduce the number of people living in california through reduced immigration and births.”but birth and immigration rates are in decline, and even mass deportation — as some readers recommended — wouldn’t free up enough housing. the california department of housing and community development says 1.8 million new housing units are needed by 2025 to handle projected growth.associated presshousing tract in encino in 1950.housing tract in encino in 1950. (associated press)can’t afford california? go somewhere else!another gaggle of readers suggested that anyone who has trouble paying the rent or the mortgage in high-rent districts should move east, or to the central valley, or out of state. we do have what could be an enduring water shortage, after all.“you can only build so much density, only so much infrastructure, only so much mass transit,?...