07 September 2024

• Beverly Hills is dragging its heels on a development with affordable apartments. The governor says: Build it

  Was the decision to block an affordable housing project NIMBYism run amok in swanky Beverly Hills or the reasonable decision of city officials acting in good faith?

• Half a house, half a million: A tree-crushed home hits the market in Monrovia

  A few months after being crushed by a falling tree, a Monrovia home is on the market for $499,999. Repairs required.

• The six fire-, flood- and storm-prone cities where billionaires love to buy homes

  Despite a relatively slow real estate market, a new report says billionaires are still buying homes in half-a-dozen markets. Two are in California.

• Gov. Newsom signs bills to make it easier to provide shelter beds, build more ADUs

  Gavin Newsom signs two bills that aim to make a dent in the housing and homelessness crisis in California. One bill eases regulations for junior ADUs; another allows more shelter beds.