Feb 10 2009

Can You Live on $60,000 a Year in California? Yes You Can!

California is facing some troubling times.  It has one of the highest unemployment rates at 9.3% and families are trying to figure out ways to stretch their dollar as far as it can go.  Now I thought in the middle of all the troubling news out there, I would offer a post that examines how […]

Jan 31 2009

California Budget: California has Run out of Money, Starting Monday. $42 billion deficit and Economic Problems and Future Issues. Investment Forecast for the State.

The California housing and finance driven economy is coming to a destructive end.  On Monday February 2nd 2009, California’s chief accountant will start delaying payments totaling approximately $4 billion.  In this pot of money, the state will be postponing income tax-refunds, college grants, and welfare checks.  Now we really see the pickle of this budget […]

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Jan 24 2009

Orange County Jobs: The Real OC, Companies Cutting Jobs Since the Recession Started in California.

Southern California’s most expensive area, Orange County is not immune from the current economic downturn.  The employment situation is dire across the state with the current unemployment rate spiking to 9.3% in December from a rate of 8.4% in November.  The speed of job losses is increasing in a state with a deeply troubled housing […]

Dec 31 2008

Housing Bubble Genesis: 5 Reasons that Didn’t Cause the Housing Bubble and 5 Reasons that did.

There is a danger in having power.  Credit at least many decades ago was seen almost as an extension of the morality of the borrower.  That is, the way credit was given many times reflected the capacity, collateral, and character of the borrower.  Main Street is already feeling this recession like the worst since World War II and […]

Dec 20 2008

The Most Comprehensive California Housing Market Analysis: Looking at 11.5 Million Households and 32 Counties. Investing in California Housing is a Complicated Calculus.

The California housing market has had its worst year on record.  2008 will go down as one of the most difficult and volatile economic years in history.  With that said, there is still a lingering notion or profound desire for bargain hunting.  Many articles now try to call a bottom in the stock markets by […]

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