Items Tagged with 'San Francisco'

ARTICLES

  • Would you spend $1M on a rock?

    A boulder in San Francisco just sold for an astonishing price
    What’s the most expensive rock you’ve ever bought? Perhaps the one on your significant other’s ring finger? If you think that was expensive, take a look at this boulder about to sell for nearly $1 million in San Francisco.
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  • Rent: San Franciscans' burden to bear

    Rent burden has become drastically more prevalent in San Francisco's population over the last 28 years
    Over the last 28 years, San Francisco’s population has become drastically more susceptible to rent burden. A study by the San Francisco Planning Commission revealed that people making 80% to 120% of the area median income ($82,900 as of April) have become susceptible to rent burden. Nearly three decades ago, this would have been nearly unheard of.
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  • San Francisco’s definition of low income is shocking

    HUD says households earning upward of 6 figures qualify for low-income housing
    You’re pulling in more than $100,000 a year to support your family of four, and you think you’re doing pretty well, right? Wrong. Not in San Francisco, you’re not. According to the latest report from the HUD, four-person households in the Bay Area that make less than $117,400 can qualify for certain low-income housing programs. That’s the highest in the nation.
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  • Case-Shiller reports increase in home price growth

    Experts say rising home prices won’t stop anytime soon
    Home prices increased across the U.S. in February, picking up the pace in annual price gains. This run, which is still ongoing, compares to the previous long run from January 1992 to February 2007. And with expectations for continued economic growth and further employment gains, the current run of rising prices is likely to continue.
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  • Monday Morning Cup Of Coffee: Mulvaney's CFPB losing interest in payday lenders?

    Are you surprised?
    Is Mick Mulvaney's CFPB easing up on payday lenders? The agency has dropped its case against one such lender and is mulling over dropping the cases of three more. Also, JPMorgan Chase predicts the turbulent market will calm down heading into the second quarter while S&P Global Ratings notes that falling housing profits over the last four quarters may be a side effect of fewer lenders easing credit standards.
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  • Monday Morning Cup of Coffee: Gloves come off in Warren vs. Mulvaney

    CFPB architect accuses acting director of being evasive and misleading about agency
    The battle between Sen. Elizabeth Warren, D-Mass., and CFPB Acting Director Mick Mulvaney just hit a whole other level. Warren, the architect of the CFPB, accused Mulvaney of ignoring or providing “evasive, misleading, or incomplete answers” to more than 100 questions asked of him by Democrats about the CFPB's activities. But Warren’s letter isn’t just tough talk. As the kids say, she’s got receipts.
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