California’s Housing Crunch Deepens | Los Angeles News

California’s housing crisis just got more complicated: fewer people are living in each home, forcing the state to build more homes than population growth suggests. With seniors staying put in big single-family homes and families shrinking, demand for smaller, affordable units is skyrocketing — but supply isn’t keeping up. Prop 13 locks in low taxes for longtime homeowners, discouraging sales and worsening the shortage. Experts warn without a surge in diverse housing options, both older residents and younger buyers will remain stuck in a cycle of unaffordable, mismatched spaces. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/225d3f35150c4881 Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Los Angeles News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews