Late this past May, Thomas and Ida Saxton brought suit against the Federal Housing Finance Agency in the Northern District of Iowa, and thus opened up a new front in the long-running litigation over the federal takeover of Fannie Mae and Freddie Mac.

The May-June 2015 issue of Eureka, a Hoover Institution publication focusing on policy, political, and economic issues confronting California, was released in conjunction with this Golden State Poll. This volume centers on California’s housing conundrum, examining home values in a historical context, causes of the affordability crisis, and possible solutions.  Hoover Institution research fellow Carson Bruno also provides an in-depth analysis of the Golden State Poll results in the same issue of Eureka.

Victor Davis Hanson, the Martin and Illie Anderson Senior Fellow at Hoover, presents a brief history and geography of California before launching into his talk about California droughts. Hanson notes that people in California  live where there is no precipitation and that droughts are not unusual. 

Two weeks ago I explored how California's housing unaffordability crisis is impacting the Golden State's business climate.