More here on some of the workarounds the industry has used to keep commissions in place: www.mercurynews.com/2025/09/21/r...
22.09.2025 16:12
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“There’s a convention that’s been in place for a long time,” one home seller told me. “The more you try to buck against that standard, the more potential problems you create for yourself.”
22.09.2025 16:12
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But one year later — home sellers and buyers are largely paying the same fees as before. Some feel they've been pressured into it by the industry, worried that if they don't pay the usual fees, they could lose out on a sale.
22.09.2025 16:12
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The standard fees for homesellers — 5% to 6%, split between the buyer's and seller's agents — was supposed to give way to a new era of separate negotiations, with the potential to reduce commissions for everybody.
22.09.2025 16:12
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The new report outlines several alternatives to the 171-mile segment between Merced and Bakersfield.
Notably, some of the alternative routes propose skipping Merced, home of the newest UC campus, and heading straight to Gilroy after Madera.
22.08.2025 17:14
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California High Speed Rail: Central Valley line alone won’t be profitable. Building to Gilroy could be
A new report shows the Central Valley line is unlikely to pay for itself. Officials are weighing more expensive options to reach population centers.
New estimates from CA High Speed Rail show that when the Central Valley segment opens to riders in 2032, it would run at an operational deficit.
But building to Gilroy/Palmdale concurrently—then opening the whole line in '38—could be profitable, CAHSR says
www.mercurynews.com/2025/08/22/c...
22.08.2025 17:14
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California high-speed rail boss courts private investors with proposals for AI, energy revenue
The rail authority CEO is looking to ways to milk the bullet train for revenue as he tries to lure private capital.
To lure private investment to #cahsr, there's been talk of "commercializing" the railway. But what does that mean?
The new CEO is courting private investors with ideas like selling off excess solar power the rail generates + leasing the right of way. More:
www.mercurynews.com/2025/08/10/c...
11.08.2025 18:17
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Are you a Bay Area homeowner who's tried (successfully or unsuccessfully) to build an ADU? I want to talk to you for a story! I'm at ktalerico@bayareanewsgroup.com
08.07.2025 21:04
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The Bay Area has hundreds of below-market rate apartments sitting vacant
Some new moderate-income units offer little discount to market-rate rents. Some question whether we should prioritize building them at all.
But California will have to decide if subsidizing this group brings enough benefits to justify the potential loss of taxes to the state. My previous reporting shows that mod-income housing sometimes doesn't provide much of a difference from market-rate: www.mercurynews.com/2025/05/18/m...
09.06.2025 16:27
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Neither passed, but these ideas are likely to come back to the legislature in some way (both bills have appeared in previous sessions.) Developers say that they can't build for this income level w/o subsidies.
09.06.2025 16:27
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Two solutions to subsidize middle-income housing were put forth this year, with different goals:
- SB 336/@scottwiener.bsky.social, would have extended the welfare prop. tax exemption to mod-income rentals
- AB 595/Juan Carrillo, would have created a new tax credit for mod-income home builders
09.06.2025 16:27
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To keep the middle class in California, should developers build homes to rent? Or own?
Middle-income households may struggle less to afford rent — but they often are forced to the peripheries of the Bay Area, or beyond, if they want to buy.
Almost all income-restricted housing built is for rent.
But when you talk to middle-income renters, the choice is often stay here/pay more in rent, or move somewhere cheaper to buy.
To keep the middle class in CA, build more opportunities to own, some argue:
www.mercurynews.com/2025/06/08/m...
09.06.2025 16:15
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Are you a renter? Have you signed a lease on a new spot in the last few months? And would you be down to chat with me about your apartment hunt? Hit me up for a story! I'm at ktalerico@bayareanewsgroup.com
02.06.2025 18:11
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When Facebook committed $1B to affordable housing in 2019, it made headlines at the major national news outlets.
None of them have followed up to see if the company has kept its promise.
But I talked to sources who say the company has largely abandoned the pledge halfway through t.co/wWAwahOTDr
23.05.2025 16:13
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Meta promised $1 billion for affordable housing. Then it quietly walked away
The pledge has been whittled down significantly as the Silicon Valley tech company has faced layoffs and shifting priorities.
MY LATEST: In 2019, Meta unveiled an ambitious pledge to spend $1B to help ease CA's affordable housing crisis.
Yet not even halfway through its 10-year commitment, it has largely abandoned its work on the initiative, sources tell me.
www.mercurynews.com/2025/05/20/m...
20.05.2025 21:46
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Do you receive a Section 8 voucher? Or live in public housing? I'd love to talk to you for a story about how Trump's proposed budget cuts will impact these programs! Shoot me a DM.
07.05.2025 18:13
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Do you live in a condo in the Bay Area? Have your HOA fees been rising? I'd love to talk to you for a story TODAY! Shoot me an email, I'm at ktalerico@bayareanewsgroup.com
06.05.2025 18:31
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I'm looking to speak with folks who have been house-hunting or bought a home in the last few months! Shoot me an email if you'd be down to talk about your search: ktalerico@bayareanewsgroup.com
23.04.2025 22:23
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