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  2. Impossibly high home prices are ‘feudalizing’ California as ...

    www.aol.com/finance/impossibly-high-home-price...

    A price-to-income ratio of 3 and below was deemed affordable, with higher ratios corresponding to worsening levels of unaffordability. A ratio of 9 or above was labeled "impossibly unaffordable."

  3. Americans save $2,800 when moving from California to no-tax ...

    www.aol.com/finance/american-save-2-800-moving...

    New York lost 101,984 residents and California lost 75,423 in 2023, suggesting state taxes play a large part in Americans’ moving decisions. To be sure, a move from a high-tax state saves a ...

  4. California housing shortage - Wikipedia

    en.wikipedia.org/wiki/California_housing_shortage

    [32]: 1 [26]: 1 [33]: 1 (For California as a whole, from 2011 to 2016, the state added only one new housing unit for every five new residents.) [17]: 1 This has driven home prices and rents to high levels, such that by 2017, the median price of a home across California was more than 2.5 times the median in the U.S. as a whole, and in California ...

  5. Subsidized housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Subsidized_housing_in_the...

    Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...

  6. Costa–Hawkins Rental Housing Act - Wikipedia

    en.wikipedia.org/wiki/Costa–Hawkins_Rental...

    About one-third of California cities and counties have inclusionary zoning ordinances. Such laws might require, beside affordable units for sale, units for rent. In this case, a Los Angeles housing ordinance in effect mandated that sixty rentals for low-income tenants be included in Geoff Palmer's 350-unit development west of downtown. [193]

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