Newsom signs bill allowing multi-family housing in single-family zones foxla.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxla.com Daily Mail and Mail on Sunday newspapers.
After signing into law Senate bills 9 and 10, Newsom said, “The housing affordability crisis is undermining the California Dream for families across the state, and threatens our long-term growth and prosperity.''
After signing into law Senate bills 9 and 10, Newsom said, "The housing affordability crisis is undermining the California Dream for families across the state, and threatens our long-term growth and prosperity.''
Editorial: Is the California Legislature giving up on the housing crisis?
Chronicle Editorial Board
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A handmade cardboard sign stating Homeless Mom and Child Tired sits on the floor of Leah Naomi Gonzales and her son Theo Schrager s, 6 hotel room at the Quality Inn after Leah panhandled under the freeway in Berkeley, California, on Sunday, Aug. 25, 2019.Gabrielle Lurie / The Chronicle 2019
It’s another unnecessary gauge of the severity of California’s housing crisis that it’s largely undisturbed by a once-in-a-century pandemic and an economic shock that rivaled the Great Depression in its early stages.
In September, the state’s median home price reached a record of $712,000, marking a fourth straight month of all-time highs after an astonishingly brief period of pandemic-induced easing. San Francisco and other Bay Area locations have seen precipitous declines in median rent this year, but the city remains the most expensive large market for tenants