DID YOU KNOW? Housing affordability is fueling a crisis of homelessness in California, despite billions of dollars in taxpayer-funded efforts (higher property taxes in LA). Homelessness jumped 12% and 16% from a year ago in the county and city of Los Angeles, respectively. The tally showed 58,936 homeless people in Los Angeles County, which includes 36,300 in the city, the USA’s largest outdoor-homeless population. In San Francisco, the number rose 17% while Alameda County, which includes Oakland, saw a 43% increase. Homelessness grew 42% in San Jose over the past 2 years and 31% in Santa Clara County, the heart of Silicon Valley. New York is not far behind.
At the end of 2018, four California mayors from the largest cities got together to discuss this as a monumental crisis requiring state-wide effort. See full article HERE. Let’s hope someone can finally come up with solutions to make this grim situation better.
In honor of Gay Pride this month, let’s review all the LGBT victories in 2019 so far. I love seeing all these RIGHTS and bans finally happen. HAPPY PRIDE MONTH!!
For more information on LGBT rights, you can visit the Wikipedia page HERE.
DID YOU KNOW? National home prices increased 3.6% year over year in April 2019 and are forecast to increase by 4.7% from April 2019 to April 2020. The April 2019 HPI gain was down from the April 2018 gain of 6.6%, but up slightly from the March 2019 gain of 3.5%, indicating that the rate of home price increases has flattened out. Prices in 39 states (including the District of Columbia) have risen above their pre-crisis peaks. Of the 7 states that had larger peak-to-trough declines than the national average, California, Idaho, and Michigan have surpassed their pre-crisis peaks as of April 2019. Connecticut home prices in April 2019 were the farthest below their all-time HPI high, still 18.8% below the July 2006 peak. (CoreLogic)