CALIFORNIA | LOCAL
November 27, 2011 |
For a clue to why California is losing its allure as a place to settle down, just ask Jennifer McCluer, who moved out of California in 2007 after she obtained her license in skin care. Unable to afford Orange County's sky-high rents, she opted for Portland, Ore. "A big motivator was that I lived with roommate after roommate after roommate," said McCluer, 30. "Friends said you could probably live on your own up here. The rent was a huge deal for me. " McCluer would like to move back, but it's still too expensive.
November 24, 2011
The Strand House Rating: half a star Rating is based on food, service and ambience, with price taken into account in relation to quality. ****: Outstanding on every level. ***: Excellent. **: Very good. *: Good. No star: Poor to satisfactory. Location: 117 Manhattan Beach Blvd., Manhattan Beach, (310) 545-7470, http://www.thestrandhousemb.com Prices: Salads, $11 to $15; appetizers, $13 to $18; pizzas, $13 to $19; mains, $23 to $39; sides, $8; desserts, $8 to $12. Corkage fee, $30 per bottle.
CALIFORNIA | LOCAL
November 8, 2011 |
More than 49 million Americans live in poverty, an increase from previous counts that reflects heavy medical expenses for older people and high housing costs in Western states, especially California, according to new estimates announced Monday by the U.S. Census Bureau. The estimates, produced by a first-ever experimental recalibration of the federal model of hardship, adds 2.5 million people to the 46.6 million included in the official poverty count for 2010 released in September.
July 30, 2011 |
By Edmund Sanders The burgeoning tent encampment along this city's elegant Rothschild Boulevard may not be the start of a Tahrir Square-style revolution, but Israeli student protests over rising rents have exposed a deep middle-class frustration over the economy and are presenting Prime Minister Benjamin Netanyahu with his biggest domestic challenge yet. The protests began small in central Tel Aviv two weeks ago, but expanded in recent days...
July 17, 2011 |
As she unloaded groceries in the driveway of her Palo Alto home, Lisen Stromberg was approached by a real estate broker who asked whether she'd be willing to sell her five-bedroom house to a senior Facebook executive. "There is a house down the street selling for $6.3 million. I'll sell you mine for an even $6 million," she replied. Her tongue-in-cheek asking price was about twice what her house is worth, but the broker didn't miss a beat and said he would speak with his client.
June 16, 2011 |
California home prices will continue falling this year and into next, but there's an upside in that it will allow more people to buy homes, according to the latest economic forecast from Chapman University's A. Gary Anderson Center for Economic Research. Home prices in California will drop 4.4% this year and 0.7% next year, according to the Chapman forecast, released Thursday. Construction spending has hit bottom and will rebound 6% next year, the forecast says, which suggests "that the construction sector will no longer be a drag on overall growth and job creation.
May 31, 2011 |
Home prices hit new lows in March, falling past the bottom reached two years ago and renewing concerns about the economy's ability to fully recover from the grip of recession. The Standard & Poor's/Case-Shiller index of housing prices in 20 metropolitan areas declined 3.6% from March 2010, its sixth consecutive year-over-year drop. That pushed the index below its most recent bottom of April 2009, confirming the widely anticipated "double dip" in home values. Many analysts believe that prices could continue rolling back as the risk of falling prices frightens potential home buyers away from the market.
April 14, 2011 |
Real estate agents have been hustling lately but not necessarily to sell homes. Instead, leasing is in vogue, particularly at the top of the price spectrum. If phone inquiries are an indication, interest in leasing luxury homes is intense, said Justin Mandile, an agent in the Sotheby's International Realty office in Beverly Hills. He and partner Mary Swanson received 10 to 15 calls a day for two months on a five-bedroom house in the Sunset Strip area priced at $3.5 million for sale or $10,000 a month to rent.
February 18, 2011
Will man survive? Re "Patt Morrison Asks: Saving Earth," Opinion, Feb. 12 Patt Morrison did a good Q&A with Paul R. Ehrlich. I still have my original copy of his 1968 book, "The Population Bomb. " However, the article has a misleading title. The crisis we are facing does not involve saving the Earth or even saving the environment. Both will survive with or without our intervention. Rather, the title should have been, "Saving humans. " No matter what we do, the Earth and its environment will go on, much in the way that the Earth survived when the dinosaurs did not. Perhaps we are only a placeholder ?