Housing crisis – Page 12 – California Globe

Farmers Insurance Lays Off 2,400 Workers In Latest Insurance Company Flight From California

August 29, 2023 6:57 pmAugust 29, 2023 6:57 pm

Farmers Insurance Group, the Los Angeles-based insurer group of vehicles, homes and small businesses, announced this week that they will be laying off 2,400 workers, largely because of large increases in construction and reconstruction costs, inflation, and a largely increased...

CA Senate Republicans Send Letter To Insurance Commissioner Lara Over Faltering Homeowners Insurance Market

August 25, 2023 2:30 amAugust 25, 2023 2:31 am

California State Senators delivered a letter to California Insurance Commissioner Ricardo Lara on Thursday, urging him to take more direct action in fixing the state’s faltering homeowners insurance market. In the past three months, 5 insurance companies operating in California...

HUD Agrees On Exemptions In LA Over Homeless Permanent Housing Requirements

August 17, 2023 2:30 amAugust 17, 2023 2:31 am

The U.S. Department of Housing and Urban Development (HUD) announced this week that, at the insistence of Los Angeles Mayor Karen Bass and other city officials, they will be exempting Los Angeles housing providers from requirements that city-assigned apartment applicants...

LA Hotel Owners Forced to Rent to Homeless Instead of Tourists

August 12, 2023 2:30 amAugust 12, 2023 2:31 am

The Los Angeles Housing Department announced this week that 17 owners of residential hotels in the city have received warnings over letting out rooms to tourists, highlighting that they are breaking city law if the rooms aren’t being rented out...

LA Supervisors Consider Massive $25 Minimum Wage For Hotel, Amusement Park Workers

August 9, 2023 4:33 pmAugust 9, 2023 4:34 pm

Los Angeles County Supervisor Janice Hahn announced on Tuesday that she will be proposing a $25 minimum wage for both hotel workers and amusement park workers in the unicorporated areas of the county, which would, if passed, give a massive...

New Report Shows San Francisco Has Worst Recovery of Any City From the Pandemic

August 8, 2023 12:12 pmAugust 8, 2023 12:12 pm

According to a new study released on Tuesday, foot traffic in downtown San Francisco continued to remain at pandemic levels in recent months, showing that the city’s recovery is still a long way off. Since the late 2010’s, San Francisco...

LA Evictions Coming With Looming COVID-19 Back Rent Due

August 1, 2023 2:30 amAugust 1, 2023 2:31 am

Los Angeles officials said on Monday that a rise in homelessness in the city is expected in August, with the looming August 1st deadline for tenants to pay all back rent owed from March 2020 through September 2021. Citywide eviction...