A tech company paying six figures to a college grad–or someone right out of high school–might seem like a dream, if finding housing they could afford wasn’t such a nightmare. Average rent for a one-bedroom apartment in San Francisco is about $3,700, in Los Angeles it’s about $2,500. The median family income for the United […]
Homeless Law Ruled ‘Cruel’
A federal appeals court has ruled that prosecuting homeless people for sleeping on the streets when there is no shelter available is a form of cruel and unusual punishment that violates the Constitution. The court ruling applies to California and all areas in the western portion of the country covered by the Ninth Circuit, which […]
Trump Tax Proposal Impact on Homeowners
Analysts are examining who will benefit from the President’s Tax Reform proposal. Treasury Secretary Steven Mnuchin (right) said the plan will eliminate all personal tax deductions other than the mortgage interest deduction and charitable contributions. The tax plan would reduce individual and corporate income tax rates, from 35% to 15%, and repeal state and local […]