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Author: Singchou Wu Publisher: AuthorHouse ISBN: 1665504471 Category : Law Languages : en Pages : 231
Book Description
The author came to the US in 1962 from Taiwan and worked for $1 an hour while federal minimum wage was $1.15 an hour. By 1969, he got a Master of Science Degree, a Ph.D. in Statistics and a teaching job at California Polytechnic State University in San Luis Obispo, CA. He bought his first house in October 1972 in the town. He predicted that housing prices in California would rise rapidly, as he and his wife quickly jumped into housing business. By 1979 they built two apartments, got California Building Contractor License and owned many rental housing units. The rising house prices made them instant millionaires. He explains why the US has turned from a land of opportunity for everyone into a land of desperation for many. He explains how to get back to the good old days, bring back America, the land of opportunity.
Author: Singchou Wu Publisher: AuthorHouse ISBN: 1665504471 Category : Law Languages : en Pages : 231
Book Description
The author came to the US in 1962 from Taiwan and worked for $1 an hour while federal minimum wage was $1.15 an hour. By 1969, he got a Master of Science Degree, a Ph.D. in Statistics and a teaching job at California Polytechnic State University in San Luis Obispo, CA. He bought his first house in October 1972 in the town. He predicted that housing prices in California would rise rapidly, as he and his wife quickly jumped into housing business. By 1979 they built two apartments, got California Building Contractor License and owned many rental housing units. The rising house prices made them instant millionaires. He explains why the US has turned from a land of opportunity for everyone into a land of desperation for many. He explains how to get back to the good old days, bring back America, the land of opportunity.
Author: Conor Dougherty Publisher: Penguin ISBN: 052556022X Category : Social Science Languages : en Pages : 304
Book Description
A Time 100 Must-Read Book of 2020 • A New York Times Book Review Editors' Choice • California Book Award Silver Medal in Nonfiction • Finalist for The New York Public Library Helen Bernstein Book Award for Excellence in Journalism • Named a top 30 must-read Book of 2020 by the New York Post • Named one of the 10 Best Business Books of 2020 by Fortune • Named A Must-Read Book of 2020 by Apartment Therapy • Runner-Up General Nonfiction: San Francisco Book Festival • A Planetizen Top Urban Planning Book of 2020 • Shortlisted for the Goddard Riverside Stephan Russo Book Prize for Social Justice “Tells the story of housing in all its complexity.” —NPR Spacious and affordable homes used to be the hallmark of American prosperity. Today, however, punishing rents and the increasingly prohibitive cost of ownership have turned housing into the foremost symbol of inequality and an economy gone wrong. Nowhere is this more visible than in the San Francisco Bay Area, where fleets of private buses ferry software engineers past the tarp-and-plywood shanties of the homeless. The adage that California is a glimpse of the nation’s future has become a cautionary tale. With propulsive storytelling and ground-level reporting, New York Times journalist Conor Dougherty chronicles America’s housing crisis from its West Coast epicenter, peeling back the decades of history and economic forces that brought us here and taking readers inside the activist movements that have risen in tandem with housing costs.
Author: Erin Riches Publisher: ISBN: Category : Housing Languages : en Pages : 62
Book Description
Using the most recent available data, this report attempts to identify: • The dimensions of Californias housing problems; • The impact of the states housing problems on low and middle income Californians; • The causes of the current crisis; • The variation of housing problems among regions and population groups; and • The role public policies can play in supporting affordable housing. [...] Since the mid-1980s, incomes of the bottom 60 percent of Californias families have fallen after adjusting for inflation.7 The substantial growth in the incomes of the wealthiest Californians has actually worsened the states housing crisis, since those households have bid up the price of both homeownership and rental housing. [...] Incomes Have Failed to Keep Pace with the Rising Cost of Housing Over the past decade, the cost of rental housing has risen faster than inflation in the states two largest metropolitan areas and faster than the incomes of the average California family. [...] Nationally, 55 percent of households could afford to purchase the median priced home in 1999, as compared to 37 percent of California households.18 While the affordability of homeownership remained constant between 1998 and 1999 for the nation, the share of California households able to afford the median priced home dropped three percentage points during the same period. [...] 19 California, the share of homes affordable to median income households ranged from 45 percent in Santa Barbara to only 11 percent in San Francisco.19 The income needed to purchase the median priced home ($63,532) far exceeds the income of the median California household ($40,934 in 1998).20 In other words, the median California household earns less than two-thirds the income needed to purchase t.
Author: Peter Marcuse Publisher: Verso Books ISBN: 1784783560 Category : Political Science Languages : en Pages : 240
Book Description
In every major city in the world there is a housing crisis. How did this happen and what can we do about it? Everyone needs and deserves housing. But today our homes are being transformed into commodities, making the inequalities of the city ever more acute. Profit has become more important than social need. The poor are forced to pay more for worse housing. Communities are faced with the violence of displacement and gentrification. And the benefits of decent housing are only available for those who can afford it. In Defense of Housing is the definitive statement on this crisis from leading urban planner Peter Marcuse and sociologist David Madden. They look at the causes and consequences of the housing problem and detail the need for progressive alternatives. The housing crisis cannot be solved by minor policy shifts, they argue. Rather, the housing crisis has deep political and economic roots—and therefore requires a radical response.
Author: M. Nolan Gray Publisher: Island Press ISBN: 1642832545 Category : Architecture Languages : en Pages : 258
Book Description
It's time for America to move beyond zoning, argues city planner M. Nolan Gray in Arbitrary Lines: How Zoning Broke the American City and How to Fix It. With lively explanations, Gray shows why zoning abolition is a necessary--if not sufficient--condition for building more affordable, vibrant, equitable, and sustainable cities. Gray lays the groundwork for this ambitious cause by clearing up common misconceptions about how American cities regulate growth and examining four contemporary critiques of zoning (its role in increasing housing costs, restricting growth in our most productive cities, institutionalizing racial and economic segregation, and mandating sprawl). He sets out some of the efforts currently underway to reform zoning and charts how land-use regulation might work in the post-zoning American city. Arbitrary Lines is an invitation to rethink the rules that will continue to shape American life--where we may live or work, who we may encounter, how we may travel. If the task seems daunting, the good news is that we have nowhere to go but up
Author: Randy Shaw Publisher: Univ of California Press ISBN: 0520976185 Category : Social Science Languages : en Pages : 327
Book Description
Generation Priced Out is a call to action on one of the most talked-about issues of our time: how skyrocketing rents and home values are pricing the working and middle classes out of urban America. Randy Shaw tells the powerful stories of tenants, politicians, homeowner groups, developers, and activists in over a dozen cities impacted by the national housing crisis. From San Francisco to New York, Seattle to Denver, and Los Angeles to Austin, Generation Priced Out challenges progressive cities to reverse rising economic and racial inequality. Shaw exposes how boomer homeowners restrict millennials’ access to housing in big cities, a generational divide that increasingly dominates city politics. Shaw also demonstrates that neighborhood gentrification is not inevitable and presents proven measures for cities to preserve and expand their working- and middle-class populations and achieve more equitable and inclusive outcomes. Generation Priced Out is a must-read for anyone concerned about the future of urban America.
Author: Josh Ryan-Collins Publisher: John Wiley & Sons ISBN: 1509523294 Category : Political Science Languages : en Pages : 140
Book Description
Throughout the Western world, a whole generation is being priced out of the housing market. For millions of people, particularly millennials, the basic goal of acquiring decent, affordable accommodation is a distant dream. Leading economist Josh Ryan-Collins argues that to understand this crisis, we must examine a crucial paradox at the heart of modern capitalism. The interaction of private home ownership and a lightly regulated commercial banking system leads to a feedback cycle. Unlimited credit and money flows into an inherently finite supply of property, which causes rising house prices, declining home ownership, rising inequality and debt, stagnant growth and financial instability. Radical reforms are needed to break the cycle. This engaging and topical book will be essential reading for anyone who wants to understand why they can’t find an affordable home, and what we can do about it.
Author: Thomas Sowell Publisher: Basic Books (AZ) ISBN: 0465018807 Category : Business & Economics Languages : en Pages : 194
Book Description
Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.
Author: Singchou Wu
Author: Singchou Wu
Author: Conor Dougherty
Author: Erin Riches
Author: Peter Marcuse
Author: California. State Reconstruction and Reemployment Commission
Author: M. Nolan Gray
Author: Randy Shaw
Author: Josh Ryan-Collins
Author: Martin Gellen
Author: Thomas Sowell