Southern California Cities Lead Nation in Record-Breaking Credit Card Debt
A WalletHub study reveals Southern California cities dominate national rankings for highest household credit card debt, with Santa Clarita leading at $22,753 per household. Despite high numbers, experts suggest this indicates financial strength rather than distress in these affluent communities.
California's Elite Income Club: The $1 Million Threshold to Join the Top 1%
New data reveals Californians need to earn over $1 million annually to join the state's top 1% of earners, placing it among just five states with such a high threshold. This requirement stands at more than 13 times the average U.S. household income, highlighting California's position as one of America's most economically competitive states.
California Health Insurance Enrollment Surge: Critical Deadlines Approach for 2025 Coverage
Covered California reports record-high enrollment numbers as 1.8 million residents secure health coverage for 2025. Despite a 7.9% premium increase, enhanced financial assistance programs offer relief through federal subsidies and reduced costs.
Berkeley's Bold Housing Revolution: From Restrictive Zoning Pioneer to Affordable Housing Champion
Berkeley, the city that invented single-family zoning, is now leading California's housing reform with groundbreaking 'missing middle' policies. The proposed changes would allow multi-unit housing across most neighborhoods, potentially offering a blueprint for addressing the state's severe affordability crisis.
California Democrats Balance Trump Defense with Cost-of-Living Crisis
California's Democratic leadership launches new legislative session with $25.5 million allocated for potential legal battles against Trump policies. Meanwhile, lawmakers face mounting pressure to address affordability concerns as constituents struggle with rising costs.
UC System Plans Tuition Hike for International Students Amid $500M Budget Crisis
The University of California faces a $500 million budget shortfall, prompting plans to increase nonresident tuition by $3,402. While managing ambitious construction projects, including $30 billion in infrastructure improvements by 2030, UC maintains its rates remain competitive with peer institutions.
Inland Empire's Affordable Housing Boom: A Double-Edged Sword for California
As Californians flock to the Inland Empire for affordable housing, the region faces unexpected challenges. Rapid population growth strains infrastructure, worsens traffic, and raises environmental concerns, highlighting the complexities of addressing the state's housing crisis.
California's Housing Crisis: One-Fifth of Households Spend Half Their Income on Housing
Recent data reveals that 2.7 million California households are spending at least 50% of their income on housing, highlighting a severe affordability crisis. Economists predict a gradual economic slowdown, with recession concerns pushed to late 2025.