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San Jose plans to build over 6,000 rental units in 2019, a 283% increase from the number of units built last year. [25] The city has also recently passed a bill to subsidize the production of high rise buildings in the downtown area, although it is a controversial move that critics say will benefit developers but harm workers.
Proposition 33, titled Expands Local Governments’ Authority to Enact Rent Control on Residential Property, and also marketed as the "Justice for Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
Mom of 5 Reveals Steep Rent for N.Y.C. Apartment She Uses for 'Storage' — Despite Having $12K Apartment Across the Hall (Exclusive) ... Sales of new U.S. single-family homes dropped to the ...
San Jose is the county seat of Santa Clara County and the main component of the San Jose–Sunnyvale–Santa Clara Metropolitan Statistical Area, with an estimated population of around two million residents in 2018. [18] San Jose is notable for its innovation, cultural diversity, [19] affluence, [20] and sunny and mild Mediterranean climate. [21]
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California housing costs are among the most unaffordable in the United States. In 2018, the median San Jose home cost 10 times the median household income; Los Angeles homes cost 9.5 times; San Francisco homes cost 8.9 times; San Diego homes cost 8.1 times. [10] California is the most expensive state to rent in, in the United States. [11]
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