California has a lot of moratoriums it needs to worry about.
Even as Gov. Gavin Newsom and state lawmakers rush to extend California’s eviction moratorium before it expires next week, another big deadline looms on the horizon. In November, the state’s moratorium on insurance companies dropping coverage for Californians living in wildfire-prone areas is set to end — meaning at least 2.1 million residents could soon find themselves without homeowners’ insurance.
WASHINGTON (AP) — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies — when the economy is already surging — have elevated the risk of accelerating inflation.
The West Coast housing market is metaphorically on fire — with rotting shacks selling for millions. Decades of policies to restrict housing in desirable neighborhoods has pushed prices up — and it has also pushed houses out into more rural, forested areas. As a result, West Coast housing is periodically on fire in the literal sense as well.