In her first address as Chancellor, Rachel Reeves firmly stated her commitment to tackling the UK’s housing crisis, despite potential opposition from ‘nimbys’—those who resist new housing developments in their local areas. “It will be up to local communities to decide where the housing is built, but it has to be built. If the answer … Read more
In yet another sign of instability across California’s home insurance market, Allstate is seeking to raise policyholders’ premiums by an average of 34%. The insurance giant, the sixth-largest provider in the state, is asking regulators to approve what would be its steepest California rate hike in at least seven years. The increase would affect more … Read more
By ADAM BEAM | Associated Press SACRAMENTO — California lawmakers on Monday abandoned their attempt to repeal the nation’s only law requiring voter approval for publicly funded affordable housing projects, a provision added to the state Constitution more than half a century ago that aimed to keep people of color out of white neighborhoods. Most … Read more
The San Jose City Council has agreed to an ambitious plan to move about 500 homeless people living along waterways to sanctioned encampment sites throughout the city by the middle of next year — but it’s already gotten pushback from community members about its choice of locations. At the direction of state regulators pushing the … Read more
Despite Ibiza being a much loved holiday destination it has become overrun with shanty towns creating a severe impact on living conditions causing the crisis to reach fever pitch. The land between Sa Carroca and Can Raspalls is home to more and more substandard housing occupied by workers. Mohammed, who works as kitchen assistant in … Read more
New family housing is coming to Milpitas. Toll Brothers, a luxury home construction company, is building 43 townhomes and 13 ADUs — also known as in-law units or backyard homes — on a a 2.3-acre site at Tarob Court, about a mile and a half away from the Great Mall. The development will consist of eight … Read more
In response to the housing crisis confronting the Bay State, the House on Monday released a $6.2 billion proposal aimed at filling the 200,000-home hole in the commonwealth’s housing stock. According to House Speaker Ron Mariano’s office, the House bill represents “the largest housing investment in state history.” “The cost of buying a home or … Read more
New York has always been expensive, but as housing prices continue to rise, the Big Apple is setting new records. Data indicates that rent costs increased seven times faster than earnings last year, and over half of New York’s residents are paying more than 30 per cent of their before-tax earnings on housing. In other … Read more
California housing regulators are demanding that cities statewide develop meticulous plans to add 2.5 million affordable and market-rate homes by the end of the decade — but some local officials say the process sets them up for failure. Frustrated mayors and city councilmembers say the new planning requirements are needlessly confusing and that regulators have … Read more
San Mateo County plans to launch a mental health court this summer aimed at compelling homeless people and others with severe, untreated psychotic disorders into treatment plans and facilities. The initiative is part of California’s new county-level CARE Court program spearheaded by Gov. Gavin Newsom as part of a broader overhaul of the state’s mental … Read more
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