California lost 500,000 people between 2020 and 2022, which is nearly the equivalent of the entire population of Sacramento, the state’s sixth-largest city. Actually, California didn’t lose these people. We know where they went. People die and give birth, and immigrants still…
For many readers, the above title will conjure up memories of the 2008 housing crash caused by the proliferation of subprime mortgages and the subsequent tsunami of defaults. But a better corollary for the coming Biden bust is the Carter…
The housing shortage in the USA is a function of so many market distortions, perversions, delusions, and convulsions that there’s little real left in real estate. It’s pointless to even start with the common stats — we’ll get to some in due…
Sacramento At a conference examining California’s housing crisis, one of the more liberal audience members expressed her frustration at those of us who even talked about free markets. I don’t recall her exact words, but the mere mention of such…
Sacramento California officials have been obsessed this year about the ongoing housing crisis, as home prices soar out of reach of most of the state’s residents and as rent prices consume an ever-greater portion of people’s incomes. Absurdly high housing…
California’s housing market faces challenges that have been building for decades. The median home price in the state has increased at several times the rate of median home prices across the country, leading to lower-income Californians fleeing the state in…