Source: San Jose Mercury News
News
Jan. 4, 2017
Instead, legislators tinkered at the margins, passing some of Brown’s proposals but rejecting those with the biggest cost-savings potential. Although Brown touted it as the “biggest rollback to public pension benefits in the history of California,” it is now clear that the package of modest changes he signed into law in 2012 has done little to slow the growth of retirement costs. New projections show the state’s annual bill for retirement obligations is expected to reach $11 billion by the time Brown leaves office in January 2019 — nearly double what it was eight years earlier.
News
Dec. 18, 2016
In a move that critics say could increase costs and delay projects, a low-profile government agency responsible for handing out $500 million to restore San Francisco Bay’s wetlands and improve flood control has ruled that most of the construction contracts must be awarded to union workers.
News
Dec. 2, 2016
The Bay Area’s black population experienced a dramatic migration into outer suburban parts of the region over a 14-year span, the result of the rising cost of living in inner regions, according to a new report by the Oakland nonprofit Urban Habitat.
News
June 20, 2016
A growing number of Bay Area residents -- besieged by home prices, worsening traffic, high taxes and a generally more expensive cost of living -- believe life would be better just about anywhere else but here.
News
June 1, 2016
All of this is an uncomfortable reminder of how difficult it is for low-income and middle-class earners to get by in the Bay Area. The median price for a one-bedroom apartment is $3,590 in San Francisco, $2,290 in San Jose and $2,270 in Oakland, according to the report.
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