California's RHNA process has not balanced housing supply with demand or improved affordability significantly.The current RHNA quota requires 1.3M new homes by 2029, based on outdated population projections.
California’s rental security deposit law limits the amount landlords can charge and specifies its allowed uses.
Landlords can charge one month’s rent, but smaller landlords can charge up to two months’ rent.
The cost of living in the U.S. is rising, with home prices increasing by 48.55% over the past decade, now averaging $257,000. Experts predict that by 2030, the average home value could reach around $382,000. States like California, Hawaii, and Washington are expected to see significant appreciation, with California's average home value potentially exceeding $1 million. Other states like Idaho and Arizona are emerging as affordable alternatives. Policymakers may need to implement strategies to increase housing availability in high-demand areas.
California housing prices in 2025 may see declines in some MSAs, with others experiencing growth.
High living costs and remote work trends are driving declines in cities like San Francisco and Sacramento.
California's Department of Insurance seeks public input on reforms to improve statewide insurance availability.A virtual public hearing on wildfire modeling regulations is scheduled in September.