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Month: April 2015

The (Un)affordability of Homeownership

In December of 2014, a service tax, Senate Bill 8 (SB 8), the “Upward Mobility Act,” was introduced by Senator Robert Hertzberg (D-Van Nuys). The bill’s purpose is to generate $10 billion for schools, local...
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Worrying About Interest Rates…

There is speculation that the Federal Reserve could raise interest rates in June then gradually increase thereafter, however, the impact of low oil prices, a strong dollar and the unemployment rate over the next two...
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Desperate Times…

A week ago, Governor Brown ordered a mandatory 25% reduction in water usage on campuses, golf courses, and cemeteries and to replace large lawns with drought tolerant landscaping. A temporary statewide rebate program is set...
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