Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A speaker at Santa Cruz City Council’s special hearing on rent control Aug. 7 said he was a father of two and computer programmer who could barely afford to live in the area because of high housing costs.

The financial meltdown of 2008 had deep roots in real estate lending. While banks recovered, homeownership has not.

Jim DuPlessis

A journalist for decades.

More from this author

Dig Deeper

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.