Today’s news
California's Housing Crisis Spirals Out of Control
Experts say insane property prices, strict building regulations, and low mortgage rates are driving the state's housing woes

Trump Imposes New 15% Global Tariff, Treasury Secretary Says
Bessent expects tariff rates to return to previous levels within 5 months
US Republicans Seek Tariffs on Australian Lamb Imports
Proposed 30% tariff aims to protect domestic sheep producers
Recent news
Feb. 27, 2026
Australian Trade Minister: No New US Tariffs on Exports
Assures exporters will not face increased tariffs despite Supreme Court ruling on Trump-era trade measures.
Feb. 26, 2026
California Officials Urged to Reverse Course on Taxes, Spending, and Regulations
Editorial board calls for reducing the state's high cost of living by cutting taxes, scaling back regulations, and ending energy policy that drives up costs.
Feb. 25, 2026
Canada Aims to Boost LNG Output, But at What Cost?
British Columbia's climate plan could shrink the provincial economy by $28 billion, raising concerns about the trade-offs of ambitious emissions targets.
Feb. 24, 2026
Report Highlights 'Tort Tax' Burden on Southern California Families
Lawsuit abuse costs LA, Long Beach, and Anaheim residents nearly $4,000 per person annually, stifling economic growth
Feb. 23, 2026
Los Angeles' 'Mansion Tax' Slows Construction, Study Finds
New analysis shows the tax has led to a decline in housing permits, potentially exacerbating the city's affordable housing crisis.
Feb. 21, 2026
Supreme Court Strikes Down Trump's Reciprocal Tariffs
LA ports prepare for uncertainty after ruling that presidential tariff powers exceeded authority
Feb. 20, 2026
California Turns to Bahamas for Gasoline as Refineries Shut Down
State's 'green' policies drive fossil fuel industry out, leading to supply shortages and higher prices
Feb. 18, 2026
California Relies on Bahamas for Fuel as Gas Prices Surge
State's environmental policies force refineries to close, leading to reliance on imported gasoline.
Feb. 17, 2026
LA County Report Finds $3.7 Million in Business Losses Tied to Immigration Enforcement
Small businesses across LA County reported major revenue declines and staffing shortages following federal immigration actions.
Feb. 17, 2026
California Turns to Bahamas to Bypass Costly Shipping Law for Fuel Imports
State grapples with highest US gas prices as refinery closures force reliance on imported fuel
Feb. 15, 2026
California Billionaires Seek Ways to Avoid Proposed Wealth Tax
Lawyers and wealth advisers are already drawing up plans to shield assets, even as the proposal may never become law.
Feb. 14, 2026
California's 'Billionaire Tax' Proposal Sparks Concerns
Even if rejected by voters, the measure could drive wealthy residents out of the state.
Feb. 13, 2026
California Lawmakers Propose Sweeping Tax Increases for 2026
New taxes target businesses, landlords, and consumers as state faces budget deficit
Feb. 13, 2026
California Residents Nickel-and-Dimed by Mounting Taxes and Fees
Analysis shows surcharges and taxes piling up on everyday purchases across the state
Feb. 13, 2026
California tax blitz in 2026 hits everyone – and it's only the start
Lawmakers and local officials want to unleash an avalanche of new taxes on Californians in 2026, slugging everyone from big and small business owners to everyday consumers.
Feb. 13, 2026
Wealthy Californians Flock to Las Vegas Housing Market
High-net-worth residents look to reduce tax burden as California considers wealth tax
Feb. 12, 2026
California Expands Wildfire Survivor Mortgage Relief to $100,000
Governor Newsom increases maximum grants and income eligibility for state's CalAssist Mortgage Fund program.
Feb. 12, 2026
California Expands Mortgage Relief for Fire Survivors
Up to $100K in assistance and 1 year of mortgage payments offered to homeowners impacted by 2025 LA firestorms
Feb. 12, 2026
LA County Supervisors Approve Sales Tax Hike Despite High Salaries
The tax increase will hit struggling residents, while supervisors earn up to $300,000 annually.
Feb. 10, 2026
Los Angeles County Reopens $14.6M Rent Relief Program
Eligible residents can receive up to $15,000 to cover 6 months of rent, mortgage, or utility bills