Topic: Cost of Living
A report released today from the National University System Institute for Policy Research (NUSIPR) found that California’s lack of strategic coordination on energy policies is increasing energy costs in San Diego, hurting key industries, and burdening residents who are struggling to balance household budgets. The report entitled San Diego: Energy, the Economy and the Call for Pause encouraged policymakers to understand how energy policies impact costs, and consider whether the new mandates are fostering a more sustainable, cost-effective energy system.
Living in decent, affordable, and reasonably located housing is vitally important to every Californian. Unfortunately, housing in California is extremely expensive and, as a result, many households are forced to make serious trade-offs in order to live here. While many factors have a role in driving California's high housing costs, the most important is the significant shortage of housing in the state's highly coveted coastal communities. We advise the Legislature to address this housing shortfall by changing policies to facilitate significantly more private home and apartment building in California's coastal urban communities.
March 23, 2015
The state that had earlier earned its own "California Dream" label now limits the dream of homeownership principally to people either fortunate enough to have purchased their homes years ago and to the more affluent. Many middle income residents may have to face the choice of renting permanently or moving away.
March 21, 2015
Snowpack at 12 percent of average in the Sierra Nevada means there is less runoff to feed rivers and streams that run through dams to generate cleanly produced hydroelectric power. Despite the state’s ambitious clean-air goals, officials are turning to dirtier, more costly fossil-fuel plants to fill some of the power gap. They also will seek more hydroelectricity imports in a region expected to have markedly less to offer this summer.
March 19, 2015
The San Francisco metro area – where the $952,162 median home price is more than twice the state median – seems to have all the symptoms that the state’s legislative analyst office says causes a housing sickness across California’s coastal cities. High housing costs in those cities are caused by insufficient supply, which are in turn caused by community resistance, environmental objections and scarce land.
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