The PIN Magazine March 2020

Page 38

[POWER LENDING]

HE WAS/IS BIG ON HOUSING, HAD A BRILLIANT PLAN,

BUT IT FAILED!

WHAT DOES HE DO NOW?

O

ne of his many promises a few years ago was a bold action to confront the issue he called California’s greatest challenge: making housing affordable again, or at least, returning the golden state to a world where residents won’t have to pay $900 grand in housing. For an ordinary person, this guy seemed serious, and he looked like the savior California has been waiting for, for almost a decade. His predecessors cannot match this man, because he is ambitious, outspoken and always has an agenda and one year in office, his administration was marked by a sense of urgency, an insistence that the times demanded a leader who would multi-task in the way his predecessors could not.

38

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The rhetoric was lofty, a “marshall plan for affordable housing” he said, unprecedented state action on homelessness, and 3.5 million new housing units by 2025, by all means, Gov. Gavin Newsom indeed looked like the savior we’d hoped for. Has he delivered? “If we want a California for all, we have to build housing for all,” Newsom said during his first State of the State address, a reference to his campaign slogan. “People’s lives, freedom, security, the water we drink, the air we breathe — they all hang in the balance,” Newsom said in his inauguration speech last January. “The country is watching us. The world is waiting on us. The future depends on us. And we will seize this moment.” Its been already one year

since the Governor took to office. The 52-year old Democrat can surely point to a string of high-profile victories in service of his progressive agenda and fortifying California’s political independence and resistance to President Trump. Yes, the progress is promising, but what most people don’t know is that the governor has struggled with an undisciplined and impatient governing style, something that might disrupt his ability to fix the state’s most pressing issues; homelessness, access to affordable healthcare among others. Speaking of homelessness, the governor has had a

THE POWER IS NOW MAGAZINE | MARCH 2020


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trust lenders or the housing market The State Department of Justice to review LAPD for an alleged misuse of CALGANG database

7min
pages 98-104

Moms for housing might have inspired

3min
pages 84-87

Millennials want to buy but they can’t

4min
pages 94-97

Coronavirus, everything you need to

7min
pages 88-93

About Corona

3min
pages 80-83

Bay area housing crisis. We now have a

4min
pages 74-77

60 apartments with rents as low as $400 coming to Fontana

2min
pages 62-65

The impact of completion of $73 million interchange improvement project on

3min
pages 66-69

Real Estate developments in Corona Los Angeles county mortgages are

4min
pages 70-73

Riverside county homebuying jumps 18

2min
pages 78-79

How safe is Vallejo housing market

6min
pages 58-61

you hunt for your house using mobile Let’s explore in detail the 1619 project

15min
pages 50-57

This is how California is winning in

4min
pages 10-13

now? Homebuying season started early this

9min
pages 42-49

He was/is big on housing, had a brilliant plan, but it failed! What does he do

6min
pages 38-41

California voters could sanction cities

3min
pages 28-31

effects of COVID

2min
pages 19-21

Jeanne Radsick, 2020 C.A.R. President

5min
pages 22-27

New Trump rule could eliminate food stamps for almost 200K Californians

2min
page 18

Budgeting for your homeownership

4min
pages 14-17
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