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2. 1978 California Proposition 13 - Wikipedia

   en.wikipedia.org/wiki/1978_California_Proposition_13

   v. t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in ...

3. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   However, in the United States, the average interest rates for fixed-rate mortgages in the housing market started in the tens and twenties in the 1980s and have (as of 2004) reached about 6 per cent per annum. However, gross borrowing costs are substantially higher than the nominal interest rate and amounted for the last 30 years to 10.46 per cent.

4. 2000s United States housing bubble - Wikipedia

   en.wikipedia.org/wiki/2000s_United_States...

   t. e. The 2000s United States housing bubble or house price boom or 2000s housing cycle[2] was a sharp run up and subsequent collapse of house asset prices affecting over half of the U.S. states. In many regions a real estate bubble, it was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in ...

5. Here's what Southern California's housing market cooldown ...

   www.aol.com/news/heres-southern-californias...

   The Southern California housing market is cooling and forcing buyers and sellers to adjust. ... with mortgage interest rates on the rise, home sales are down, inventory is up and the prospect of ...

6. Will Fed rate cuts stop the housing market roller coaster?

   www.aol.com/finance/fed-rate-cuts-stop-housing...

   The housing market could benefit from a Fed rate cut, which is all but certain to happen when policymakers meet on Sept. 17 and 18. “Fed interest rate cuts in general will bring about lower ...

7. California housing shortage - Wikipedia

   en.wikipedia.org/wiki/California_housing_shortage

   Since about 1970, California has been experiencing an extended and increasing housing shortage, [1]: 3 such that by 2018, California ranked 49th among the states of the U.S. in terms of housing units per resident. [2]: 1 [3] This shortage has been estimated to be 3-4 million housing units (20-30% of California's housing stock, 14 million [4 ...