Spain's housing market is in a tough spot. The government recently told Airbnb to take down almost 66, 000 rental listings. This move is part of a bigger effort to fix the housing crisis. The crisis is so bad that it's one of the worst in Europe. The problem started when too many properties were turned into tourist rentals. This made it hard for locals to find a...
California has a tough balancing act between addressing its housing crisis and managing wildfire risks. For decades, people have built homes in fire-prone areas, only to rebuild in the same spots after fires. This cycle repeats because of California's severe housing shortage. Despite the risks, more than 45% of homes built between 1990 and 2020 were in the wildland-u...
California's housing market was already in a tight spot before the recent wildfires. Now, with tens of thousands of families evacuated and struggling to find rental homes, the situation is even tougher. The rental market in Los Angeles and other affected areas was already stretched thin, with vacancy rates as low as 2. 1% in western LA. This crisis isn't just about i...
Ever felt like housing is becoming way too expensive? You're right, and it's not just because of the pandemic. The truth is, it's more about how much land costs these days. Prices have gone up even faster than housing costs, making land about 40% of what we pay for a home. In big cities like San Jose and Los Angeles, land prices take up nearly three-quarters of the p...
Did you ever think Donald Trump could impact your life even if you moved to Canada? Meet my ex-neighbors, who did just that. They hail from the U. S. , and with Trump back in power, they're feeling the heat again. As Canada's housing crisis worsens and military alliances are threatened, it's clear Trump's presidency isn't just a U. S. issue. Imagine a world where Ca...
Today, Ireland is busy voting for its next government in a unique election. The outcome might reveal if Irish voters are eager to replace the long-standing political powerhouses — Fine Gael and Fianna Fail — with new faces. Both parties have been leading the country for a century, but their coalition didn't go as smoothly as expected. After the last election in 2020,...
Saul Lara, a college student in Mexico City, starts his day early — very early. His commute to school takes over two hours, as he rides a motorcycle taxi and crams into the metro. The reason? He can't afford to live close to campus. Lara works part-time to make ends meet, but even with his meager income, finding affordable housing is still a challenge. The capital c...
In the race for California's open Senate seat, Democratic candidate Adam Schiff and Republican candidate Steve Garvey recently faced off in a forum hosted by ABC7. The candidates discussed a range of issues, including abortion, gun control, climate change, and the housing crisis. Schiff, a longtime Congressman, emphasized his support for reproductive rights and stric...
In the heart of Silicon Valley, a piece of California's history is about to be erased. The Sakauye family farm, one of the last remaining Japanese-owned farms in the state, will soon be demolished to make way for a massive urban housing project. But this farm holds more than just memories - it represents a chapter in the state's agricultural history that was marked b...