Crazy-high rent, record-low homeownership, and overcrowding: California has a plan to solve the housing crisis, but not without a fight (businessinsider.com)
In the past decade, there has been an average of 80,000 homes a year built in California — 100,000 units below what's needed to keep pace with population growth through 2025, according to a recent report by the California Department of Housing and Community Development (HCD). "In the Bay Area, we've added more than 600,000 new jobs since 2010 but created only about 60,000 new housing units," Jim Wunderman, president and CEO of the Bay Area Council , a public-policy advocacy group, wrote in...