Home prices have surged in the U.S. in recent years. Driven by rising demand and supply constraints during the pandemic, the median home sale price spiked by nearly 50% from the second quarter of 2020 to Q3 in 2022. While the sale price of a typical American home has fallen in recent months since, housing […]
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Tuesday, January 5, 2021 | Sacramento, CA
A man walks in front of a For Rent sign in a window of a residential property in San Francisco, Tuesday, Oct. 20, 2020.
AP Photo/Jeff Chiu
After four years of living uneventfully in a Victorian-style apartment building in Midtown Sacramento, Bobby Castagna says he never thought he d be out of a place to live. But that changed this past summer, when Castagna and his eight neighbors got an eviction notice.
Their landlords, owners of the two apartment buildings above the University Art Center store at 26th and J streets, have said they plan to demolish the buildings because they ve fallen into disrepair. But Castagna and others are upset that the city s Tenant Protection Program has allowed the eviction to go through during a pandemic.