Topic: Cost of Living
News
April 21, 2017

The California State Auditor has delivered a damning assessment of the management practices at the single largest university system in the United States. . . In other words, administrators have been hiring more administrators for make-work positions and giving each other raises without sufficient accountability in a self-perpetuating cycle of bureaucratic decay that is sadly endemic to academia at large.

News
April 14, 2017

In a just released poll by the Bay Area Council a majority of respondents indicated an expectation that traffic congestion in the Bay Area (the San Jose-San Francisco combined statistical area) is likely to get worse.

It is already bad enough. The Bay Area includes two major urban areas (over 1,000,000 population), with San Francisco ranked second worst in traffic congestion in the United States, closely following Los Angeles.

News
April 14, 2017

Moves out of the area remain far below levels seen during last decade’s housing bubble, when out-migration was nearly triple what it was in 2016 — and real estate agents urged clients to “drive until you qualify.”

But after slowing down in the aftermath of the Great Recession, which devastated the housing market, out-migration is picking up as prices climb steadily higher, according to U.S. Census Bureau data.

To escape high prices, people — often younger and with lower- or middle-class incomes — are looking toward the Inland Empire and nearby states for additional square footage and a lower mortgage payment.

News
April 13, 2017

The million-dollar home prices about 85 miles west, in San Francisco and San Jose, have pushed aspiring homeowners to look inland. Patterson’s population has doubled since the 2000 census. Average monthly rents have climbed from about $900 in 2014 to nearly $1,600 in recent months, according to the apartment database Rent Jungle, compounding the hardships of the foreclosure crisis, the shuttering of several local agricultural businesses and surging substance abuse rates.

News
April 11, 2017

The power of the California Democratic Party’s supermajority was mightily tested last Thursday, with the nail-biting passage of a $52 billion transportation package that will add 12 cents to the price of gasoline.

What does that bode for the other big lift coming up in the Legislature, the reauthorization of the state’s landmark climate change legislation, cap and trade? The carbon auction system survived a court challenge Thursday — with the California appeals court affirming the legality of the program — but it’s an open question whether cap and trade can survive a bruising political battle and the likelihood of tacking on more to the price of gas at the pump.

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