The California Supreme Court has ruled that cities and counties have broad authority to require builders to include affordable housing units in new projects. Local ordinances requiring units to be set aside at below market price are thus constitutional.
Millions of Americans face housing trouble, from the elderly struggling to make inflated mortgage payments, to renters who can barely afford their lodgings. The housing bubble responsible for their woes was caused by bad loans, researchers say.
Tech pioneer Google wants an army of robot-crane hybrids to help build its new Silicon Valley HQ, but a recent ruling could put the project under a cloud after the search engine was not given all the land it wanted.
The New York Senate majority leader and his son have been arrested by the FBI on corruption and conspiracy charges. State Sen. Dean G. Skelos is accused of using his position to benefit his son’s business dealings.