Tag "housing"

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Hemet abuses redevelopment 5

May 6, 2013 By Nick Sibilla Carina Alvarez has a dream for a comfortable retirement.  But it’s turning into a bureaucratic nightmare. Carina bought a four-plex on Mobley Lane in Hemet for $170,000 back in 2010 as an investment.  She

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Bad news for CA housing recovery 12

July 9, 2012 By Steven Greenhut SACRAMENTO — Just as the housing industry is showing signs of recovery, California’s Democratic officials have concocted a “solution” that adds regulations and higher costs to the foreclosure process. These are the same officials

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CA Liberals Blocking Housing for Poor 0

MARCH 21, 2012 By WAYNE LUSVARDI We are hearing a lot about how California cannot close a $10 billion budget gap.  But California has allowed 400 redevelopment agencies to retain about $2 billion in funds set aside for so-called “affordable

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Brown: Botch Housing Even More 0

John Seiler: The housing crisis of recent years was caused by the government itself. The Federal Reserve Board — a quasi-private bank whose directors are appointed by the president — has debased the dollar while keeping interest rates artificially low.

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Market, Not Govt., Builds Cheaper Housing 5

JAN. 17, 2012 By WAYNE LUSVARDI Is the demise of redevelopment hurting the poor? El Monte Mayor Andre Quintero says it is. He’s bemoaning that, when Gov. Jerry Brown  and the Legislature killed redevelopment, the source of funds for affordable

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Key Graph Shows Housing Boom-Bust 0

John Seiler: Except for Nevada, California was hardest hit by the boom-bust of the housing market during the previous decade. Most explanations show how prices doubled or even tripled in many places — then crashed back down to earth, in

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Poisonous Budget Spider Uncovered 1

FEB. 28, 2011 BY WAYNE LUSVARDI There is a line in Sir Walter Scott’s novel Ivanhoe where a gentleman is… advised to remember that all the wealth he had acquired by sucking the blood of miserable victims had but swelled

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'Surviving California' Blog 0

My friend Bob Pace has a blog called “Surviving California.” Great name. I wish I’d thought of it. It makes you think of your life as being on one of those Reality TV shows, although in this case you’re not

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