By Ashley Werner : calmatters – excerpt California is facing a housing crisis of unprecedented proportions. Lower-income residents across the state must choose whether to pay for rent or food. People who can’t cover housing costs are forced to leave their homes, their neighborhoods and even the state. But as legislators resume discussions regarding policy … More My turn: Don’t blame environmental law for California’s housing crisis
By Jason Fagone and Cynthia Dizikes : sfchronicle – excerpt Corporate managers accused of directing an extensive fraud in the cleanup of San Francisco’s toxic shipyard led similar projects at nearby Treasure Island — work that apparently has never been rechecked since fraud at the shipyard was discovered, even as a $5 billion real estate … More Suspect Hunters Point shipyard contractor did similar work at Treasure Island
By Esmé E. Deprez : bloomberg – excerpt Third-party ownership and decades-long contracts can create real headaches. On a rare rainy day early last year, my husband, Alex, and I toured what, with any luck, would become the most exciting and daunting purchase of our lives: a cream-colored bungalow-style fixer-upper, built in 1924, a few … More What Happened When I Bought a House With Solar Panels
By Justin Fox : bloomberg – excerpt Cheap stick framing has led to a proliferation of blocky, forgettable mid-rises—and more than a few construction fires. These buildings are in almost every U.S. city. They range from three to seven stories tall and can stretch for blocks. They’re usually full of rental apartments, but they can … More Why America’s New Apartment Buildings All Look the Same
By Joe Garofoli on Political Punch: sfchronicle – (includes podcast) San Francisco Democrat Phil Ting has a powerful seat as the head of the Assembly’s Budget Committee. Ting will be extra busy when budget hearings start in a few weeks especially with Gov. Gavin Newsom proposing all sorts of new programs, from offering a second … More Can California Afford Everything Gavin Newsom Wants?
Edward C. Baig : usatoday – excerpt Want a job at Google? Google plans to hire tens of thousands of employees across the U.S. this year, through investments in new data centers and offices. CEO Sundar Pichai announced Google’s plans in a blog post Wednesday. According to Pichai, Google’s investment of more than $13 billion … More Google plans to add tens of thousands of new jobs as it expands in 14 states
J. K. Dineen : sfchronicle – excerpt In 2014 and 2015, Chinese real estate development company Z&L Properties jumped into the California market with a splash, going on a buying spree that would eventually include 12 housing sites in the Bay Area and Los Angeles that, when built out, would yield 3,400 condos. The portfolio … More Suits, overruns slow condo projects by Chinese developers in SF