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This shortage has driven home prices and rents to extremely high levels. In 2017, the median price of a home in California was more than 2.5 times the median in the U.S. as a whole, and in California's coastal urban areas, the shortage was greater than the inland areas, as demonstrated by the median prices of homes in those respective markets: $1.3M in San Francisco, $1M in San Jose, and $600k ...
In 2023, California announced plans to spend $30 million to build 1,200 tiny houses in parts of the state as alternatives to homeless encampments. Such tiny houses can be built for about $73,000, which is a fraction of the cost of building permanent housing in the state. Hospital discharge plans
Ellis Act. The Ellis Act (California Government Code Chapter 12.75) [1] is a 1985 California state law that allows landlords to evict residential tenants to "go out of the rental business" in spite of desires by local governments to compel them to continue providing rental housing. The legislature passed the Ellis Act in response to the ...
One woman has been able to live in Silicon Valley's most expensive areas rent-free for the past ... Houses stand in this aerial photograph taken near Cupertino, California, U.S., on Wednesday, Oct ...
March 20, 2024: In a public statement, State Farm announced that it will nonrenew around 30,000 home, rental dwelling and other property insurance policies in California. Nonrenewals will begin ...
This means homes in the Georgia city are being sold for 41.3% above what they should be priced. Detroit took second place with a housing premium of 40.8%, followed by Cape Coral, Florida, in third ...
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related to: rental home californiaholidayhomes.com has been visited by 100K+ users in the past month
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