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California Has 2nd Lowest Homeownership Rate In U.S.

California Has 2nd Lowest Homeownership Rate In U.S.

Mike LaFirenza Income inequality has been a major social, political, and economic issue since the Great Recession, and the uneven effects of the COVID-19 economy has only made the gaps between America’s haves and have-nots even starker. These divergent economic fortunes will continue to have a major effect on housing in the U.S. During the […]

California Had 4th Most Mortgage Delinquencies During The Great Recession

California Had 4th Most Mortgage Delinquencies During The Great Recession

Mike LaFirenza More than 18 months into the COVID-19 pandemic, much about the pandemic-era economy remains unusual and difficult to analyze. From a labor market that has both worker shortages and high unemployment to supply chain breakdowns and inflation fears, it has been a challenge to assess the true state of the economy and what […]

California Has The 13th Most Residents Behind On Mortgage Payments

California Has The 13th Most Residents Behind On Mortgage Payments

After a year and a half of the COVID-19 pandemic, many of the policies put in place to protect homeowners and renters are coming to an end, and this fall could see a wave of foreclosures and evictions as a result. From early on in the pandemic, policymakers enacted measures to protect renters and homeowners […]

California Is 20th Least Dependent On Federal Aid

California Is 20th Least Dependent On Federal Aid

For many Americans, the federal government’s packages to stimulate the economy during the COVID-19 pandemic are notable for the direct relief they have offered to individual households, like stimulus checks and expanded unemployment benefits. But these bills have also brought unprecedented levels of federal investment into state and local governments. One of the major features […]

California Is The 18th Best-Paying State For Roofers

California Is The 18th Best-Paying State For Roofers

The COVID-19 pandemic has caused long-lasting economic disruption in many industries, but one field that is poised for continued growth coming out of the pandemic is construction trades, including roofers. The occupational outlook for roofers from the U.S. Bureau of Labor Statistics estimates that nearly 15,000 roofing jobs will come open annually through 2029. But […]

11.8% Of California Residents Live In Poverty

11.8% Of California Residents Live In Poverty

During the COVID-19 pandemic, the U.S. government has pumped unprecedented amounts of financial relief to American households to stave off potential economic disaster. From the expansions of social safety net programs like unemployment insurance and food stamps to multiple rounds of direct payments, Congress’s multiple relief packages over the last year have helped put many […]