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The Lumber Market Crash

The Lumber Market Crash

It was inevitable that lumber prices would eventually return to some state of normalcy. I wrote an article less than 50 days ago noting that futures and cash prices, despite having quadrupled in slightly over a year, had dropped 40% in June 2021. Pandemic measures were being lifted, the effect of stimulus payments were receding, and owing […]

California Population Grew 1.2% Since 2015

California Population Grew 1.2% Since 2015

It’s no secret that America’s most popular cities from a century ago, like New York and Chicago, have actually been shrinking in recent years, but even newer destinations like Los Angeles are also falling from their peak populations. Instead, U.S. residents are flocking to up-and-coming hotspots in the South and West. A hundred years ago, […]

‘Every Democrat Should Be Ashamed’: Republican Leaders Demand Pelosi Brings House Back To Solve Renter Crisis

‘Every Democrat Should Be Ashamed’: Republican Leaders Demand Pelosi Brings House Back To Solve Renter Crisis

by Thomas Catenacci Nearly 40 Republican lawmakers urged Speaker Nancy Pelosi to bring the House back in session to pass a permanent solution to the renter crisis in a letter Friday. “Every Democrat should be ashamed of their failure to protect renters from the threat of eviction by eliminating the back rent they owe, which […]

‘Not The Answer’: Landlords Slam Biden’s Eviction Moratorium Extension, Ask Federal Court To Intervene

‘Not The Answer’: Landlords Slam Biden’s Eviction Moratorium Extension, Ask Federal Court To Intervene

Thomas Catenacci Several major groups representing landlords and property owners criticized Present Joe Biden’s decision to extend the eviction moratorium and said all legal options are on the table. “Around half of all housing providers are mom-and-pop operations, and they also struggle,” National Association of Realtors spokesperson Patrick Newton told the Daily Caller News Foundation […]

New Pismo Beach PLA Threat. Budget Released to Defeat Santa Barbara County PLA on August 17th

New Pismo Beach PLA Threat. Budget Released to Defeat Santa Barbara County PLA on August 17th

We warned them. Proposition HHH is a $1.2 billion bond earmarked for the development of up to 10,000 units of affordable and permanent supportive housing aimed at addressing chronic homelessness in Los Angeles. As of May 2021, with virtually all funding committed, approximately 7,300 units of housing were in the pipeline. But unions and PLA […]

County Of Ventura Assessment Appeals Board Member Recruitment

County Of Ventura Assessment Appeals Board Member Recruitment

“The County of Ventura is accepting applications for Board Member vacancies on its Assessment Appeals Boards (AAB). The AAB is a quasi-judicial body which hears property tax assessment appeals at a public hearings. The hearing process provides ‘equalization’, or fairness of the assessment of a property’s value of the property in question. Meetings of the […]

California Has The 2nd Most Expensive Real Estate In The U.S.

New data from the Case-Shiller Index reveals that the housing market is rising at a rate that hasn’t been seen in decades. While the year-over-year change in home prices hit a historic high in 2005, that housing boom was tame compared to 2021 when considering the speed at which prices have risen in the past […]

California Population Grew 5.49% Since 2010

California Population Grew 5.49% Since 2010

With less natural population growth and decreased immigration, the population of the United States has been growing more slowly every year since 2015, according to new Census Bureau estimates. In fact, the 0.35% growth rate between 2019 and 2020 represents the lowest growth rate in more than a century. America is now an aging nation, […]

California Has The 12th Highest Income Limit For Affordable Housing In The U.S.

As the U.S. begins to emerge from the COVID-19 pandemic and work towards economic recovery, one of the major economic issues to watch in the months and years ahead is housing. The pandemic has in some ways increased economic inequality, and trends in housing show it. Many high earners are using favorable mortgage interest rates […]

Ventura, CA | Assessor completes $152 billion tax roll for Property Tax Year 2021-22 From

Ventura, CA | Assessor completes $152 billion tax roll for Property Tax Year 2021-22 From

Press Release VENTURA, Calif. – County Assessor Dan Goodwin announced the certification and delivery of Ventura County’s annual assessment roll to Auditor-Controller Jeff Burgh Monday, June 28, on time and includes adjustments for impacts of the pandemic. “My office has been following the economic impact of the pandemic closely. Restricted access to workplaces and other […]