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Rents are down 2.5% year over year in Los Angeles County, according to Apartment List. Northern California has seen prices mostly rise while Southern California prices have dropped.
In 2007–2023, California experienced higher increases in the number of people experiencing homelessness than any other state. [1] : 9 Between 2010 and 2020, the number of people experiencing homelessness in California increased by 31%, while nationwide the number fell by 18%. [9] Between 2020 and 2022, the number increased 6% in California ...
The homeowner vacancy rate was 2.0%; the rental vacancy rate was 5.8%. 90,864 people (55.4% of the population) lived in owner-occupied housing units and 72,302 people (44.1%) lived in rental housing units. During 2009–2013, Ontario had a median household income of $54,249, with 18.1% of the population living below the federal poverty line.
Southern California is famous for tourism and the entertainment industry. Other industries include software, automotive, aerospace, finance, biomedical, ports and regional logistics. The region was a leader in the housing bubble from 2001 to 2007, and has been heavily impacted by the housing crash.
The study predicts a tripling of erosion rates by 2050, increasing from an average of 1.45 meters per year to 3.18 meters by 2100. The findings showed that the average rate of shoreline retreat in ...
Across California and the nation, developers moved to start fewer homes in 2023, a decline some experts say could eventually send home prices and rents even higher as supply shortages worsen.
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