How a Spanish bungalow in L.A. went from sad to sexy (Hint: There’s an ADU rental)
Priced out of the Bay Area and South Pasadena, a couple bought a Spanish fixer-upper in Eagle Rock, assisted by the earning potential of an ADU….
L.A. Airbnb hosts are charging higher rates and raking in big payouts amid city crackdown
As the city tries to crack down on short-term rentals, profits for Airbnb hosts are rising — whether their listings are legal or not….
California lawmakers put funding for ADUs in flux. What you need to know
The state Legislature is poised to take back half of the $50 million it provided in July for ADU financing. But a grant program that helps Californians build ADUs will still get funds….
Opinion: How home insurers are trying to bully California politicians into a disastrous bailout
Insurers pulled out amid wildfire losses. Now they’re reportedly seeking a giveaway from the Legislature, Gov. Gavin Newsom and Insurance Commissioner Ricardo Lara….
Tech billionaires’ secretive plan to build a California city from scratch
The billionaires behind Flannery Associates have bought up more than 140 parcels in Solano County with dreams of ‘a new city with tens of thousands of new homes.’…
As challenges loom, L.A. City Council approves $150 million in ‘mansion tax’ spending
L.A. City Council has approved a $150-million spending plan for funds raised by Measure ULA, putting money toward rental assistance, tenant protection and other housing crisis initiatives….
Opinion: How L.A. can build more housing without looking like New York
Yes, Southern California needs more housing density, but we can put our sprawl to use without ditching our spacious vibe….
Thousands of California tenants could face obscure tax bill for living in subsidized housing
Under the arcane tax rule of possessory interest, thousands of California tenants in subsidized housing could face individual tax bills upwards of $1,000 a year. …
A home, an office and a park demonstrate that design can be environmentally conscious — and look good
Ditching concrete for wood, reinventing the court apartment, and rehabilitating old landfill as parkland show how designers are tackling climate change…
Mortgage rates surge past 7%, hit highest level since 2002
Mortgage rates surpassed 7% this week, dealing another blow to potential homeowners who now face the highest borrowing costs since 2002….