In 2021, four years after finishing her last jail term and living in transitional housing in Riverside County, Erica Smith was ready for a permanent home. She’d saved enough to cover a security deposit and the first and last month’s rent for an apartment for her and her daughter.
Long past its painful peak, inflation in the United States may be heading steadily back toward its pre-pandemic levels, without the need for further interest rate hikes by the Federal Reserve.
California lawmakers approved legislation on Monday to expand a housing law that has led to the construction of thousands of new homes, despite initial opposition from both labor unions and environmental groups.
The belief that reaching the American dream starts with owning a home is at the heart of an idea that emerged with post-World War II prosperity and has remained a standard ever since. But the reality is that millions of Americans in cities and states around the country struggle to afford housing, either to own or to rent.
Gov. Gavin Newsom and top Democrats have repeatedly vowed to reform California’s landmark environmental protection law, which many blame for the state’s inability to build enough housing.