Mindblown: a blog about philosophy.
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California: Should Rent Control Apply to Post-1995 Properties?
Current Rent Control Limitations: The Costa Hawkins Act prohibits rent control for homes built after 1995, limiting protections.Proposition 33 Goals: Prop. 33 aims to expand rent control to all housing types, including newer constructions.
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Most Expensive Housing Markets Of 2030 Revealed — One Tops $1 Million
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…
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Why Bay Area multifamily owners have embraced ADUs
Accessory dwelling units (ADUs) have evolved from being seen as simple additions to single-family homes to a significant part of California's housing market, especially since new laws took effect in 2020. By 2023, one in five new homes was an ADU. Recent legislation aims to streamline the approval process and increase the number of ADUs…
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Why Is Fall the Perfect Season for Homebuyers?
Fall sees fewer homebuyers, reducing competition and easing the purchasing process. Home prices often drop in the fall, benefiting buyers with potential savings.
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California Enacts New Mortgage Law for Divorcing Couples
California's AB 3100, signed in Late-Q3, addresses mortgage loans in divorce situations. The law requires provisions for existing borrowers to assume a mortgage during divorces or separations.
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California House Sales Climb 10% in 2025
California's house sales are projected to increase by 10% to 304,400 transactions in 2025. Next year will still be the third-slowest for sales since the Reagan administration.
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Half a million California homeowners to see second insurance rate hike in a year
More than half a million Californians will face home insurance rate increases for the second time this year. The Auto Club of Southern California has been approved to raise rates by an average of 6.2% for homeowners and 11.6% for condo owners, effective at their first renewal in 2025. Earlier in March, rates increased by…
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Can Proposition 33 Solve California’s Rent Crisis?
Proposition 33 could give cities and counties authority to implement local rent control for newer housing. California currently limits rent increases to 10% for apartments built before 1995.
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Why Buying a Home in California Outweighs Renting
With a rental cost of $161 per 100 sq ft, California has one of the highest rental prices in the US, with avg rents ~$3K/mo. California homes are spacious, averaging 1,860 sq ft, but buying a home offers better long-term value than renting.
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California Solutions for Hybrid Office Challenges
Fluctuating office attendance raises challenges in determining appropriate space needs for businesses. Flexible designs and technology help bridge remote and in-office work, reducing underused space costs.
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