For years local redevelopment agencies were the bane of private property rights in California. Until recently these agencies were clothed with the power to seize private homes through eminent domain and then give that property to private developers like Costco or Wal-Mart, all in the name of community development. That changed in 2011 when the… Read more »
For many in California the 2008 housing crisis never ended. Currently, thousands of California homeowners are behind or struggling to make mortgage payments on homes that simply are not worth what they agreed to pay when they took out their mortgage. To accommodate these unfortunate circumstances, a distressing number of California cities are now contemplating… Read more »
