California Gov. Newsom signs two YIMBY housing bills

California 09/28/21, 23:56

A Democrat from California enacted two proposals to address the Golden State's housing crisis on Sept. 28. Gov. Gavin Newsom signed two new bills into law that pro-housing movement "Yes In My Back Yard" (YIMBY) co-sponsored. Assembly Bill 602 (AB 602) and Senate Bill 478 (SB 478) are touted to make zoning ...

Supreme Court enables evictions, pushing up to 750,000 residents onto street

U.S. 08/31/21, 19:36

Hundreds of thousands of renting families might have to sleep rough after the nation's highest court prevented a temporary prohibition on eviction, on Aug. 26. Investment bank Goldman Sachs predicts as many as 750,000 tenants and their families will be forced onto the street, if they keep failing to meet financial ...

Blackstone buys 17,000 homes for $6 billion, a threat to small homeowners

U.S. 06/23/21, 16:00

As the housing crisis escalates, the world's largest real estate company and the country's largest landlord buy 17,000 homes for $6 billion. Blackstone closed the deal with single-family rental company Home Partners of America. The Wall Street Journal [WSJ] reported June 22 and is moving toward becoming the nation's only home-leasing ...

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