In June, the California Energy Commission voted to require that almost all new California housing construction (beginning in 2020) have rooftop solar panels, as well as expensive energy-efficient appliances, windows, insulation, and lighting.
Silver Lake is a three-square-mile neighborhood in central Los Angeles and home to roughly 32,000 residents. A dispute between a Silver Lake service station owner who wishes to build fourteen residential units at that location and local government that is trying to prevent this new development illustrates why real estate prices are so high in California, and why it is so difficult to build new housing in the state.
by Alice Hill, Roger-Mark De Souza, Katharine J. Mach, Christopher B. Field, Meaghan E. Parkervia The Hill
Wednesday, June 27, 2018
As record-setting rains pummel South Texas and Ellicott City struggles to recover from another deadly flood, we are experiencing more reminders that the United States is facing more severe and frequent extreme weather events. Last year’s hurricane season was the most expensive season to date — and arguably one of the most deadly on record. In the eight months since Hurricanes Harvey, Irma, and Maria struck our shores, are our coastal areas better prepared for the coming storms?
The Great Recession was five times more impactful on voting behavior during the 2008 presidential election than rising unemployment, a traditional indicator of electoral success, a new study released by Columbia Business School.
There’s a fine line between compassion and foolishness when it comes to public policy impacting the homeless. Unfortunately, a whole host of cites cities—particularly in California—have crossed that line.
Nearly ten years ago, the collapse of the sub-prime mortgage market sent the U.S. economy into a tailspin. As housing prices dropped and unemployment climbed, vulnerable households found themselves unable to refinance the mortgages they borrowed under better economic circumstances. Struggling to meet ever-increasing monthly payments, more and more homeowners defaulted on their mortgages.