Archive for the 'debt' Category

Expensive homes and food stamps – While California home prices went up 8 percent in the last year 13 percent of California households are on food stamps. How low interest rates help Californians more than other states.


Mortgaging your way to a college education – the burden of student debt and the impact on the starter home market.


Revisiting a friendly bubble in Culver City – A median home price of $680,000 and typical household income of $66,000. An example of a $300,000 pending price cut and the hidden impact of home equity loans.


The crash diet of California home buying – You cannot purchase a $226,000 starter home on a $33,000 income and state this is affordable. The twisted definition of affordability.


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