Housing crisis – Page 14 – California Globe

California’s Red Ink is Negatively Impacting Municipalities Large and Small

April 23, 2024 11:03 amApril 23, 2024 11:03 am

The State of California is hemorrhaging red ink with a massive budget shortfall. The non-partisan Legislative Analyst Office estimates the deficit at $73 billion; Governor Gavin Newsom claims to be optimistic and pegs the shortfall at $38 billion. A gap of $30...

Two More Insurance Companies Pull Out Of California

April 19, 2024 5:00 pmApril 19, 2024 5:01 pm

According to new California Department of Insurance filings this week, both the Tokio Marine America Insurance Company and the Trans Pacific Insurance Company announced that they would no longer offer homeowners and personal umbrella insurance in California and would leave...

LA Mayor Bass’ Newly Touted Homeless Measures Face Backlash

April 17, 2024 5:57 pmApril 17, 2024 5:57 pm

Backlash against Mayor Karen Bass’ Monday State of the City Address continued on Wednesday, with many residents and analysts charging that her new plans to alleviate homelessness would only result in more failure. Bass’s series of failed homeless initiatives dates...

Bipartisan Bill to Ban Homeless Encampments Rejected By Senate Public Safety Comm.

April 17, 2024 12:11 pmApril 17, 2024 12:11 pm

A bipartisan bill that would have banned homeless encampments from many public areas across the state for reasons of safety was voted down in the Senate Public Safety Committee on Tuesday in a 1-3 vote with 1 abstention. Senate Bill...

State Farm Announces Non-Renewal Of 72,000 Insurance Policies In California

March 22, 2024 2:45 amMarch 22, 2024 2:46 am

In an announcement on Thursday, the largest property and casualty insurance company in California, State Farm Insurance, announced that 30,000 property insurance and 42,000 commercial apartment policies would not be renewed throughout the state, effectively removing 2% of all policies...

It’s Recall Déjà Vu All Over Again for California Gov. Gavin Newsom

February 26, 2024 9:59 amFebruary 26, 2024 11:17 am

Ouch. Just as he’s doing national interviews insisting that he’s not running for President, California Governor Gavin Newsom is getting hit with another recall election. I think this proves that the First Cut Is not necessarily the Deepest. “The new...

Bill to End Unconditional Pet Bans In Rental Units Introduced In The Assembly

February 21, 2024 5:03 pmFebruary 21, 2024 5:03 pm

A bill to end all unconditional pet bans in rental units in California was introduced in the Assembly on Tuesday. The bill would also require reasonable reasons for not allowing pets in a rental unit. Assembly Bill 2216, authored by...