Archive for the 'employment' Category

California budget means lean times for the state – 5 reasons why the California economy will lag for years to come. High paying jobs gone, shadow inventory, state taxes, and re-writing history.


The Muddle Years – Why the California economy is destined for years of slow growth and declining home values. 10 charts showing California still deep in recession and no state budget as we enter September.


Los Angeles County real estate values overpriced by 30 percent after adjusting for inflation. Data from 2000 to 2010 and looking at Burbank, Pasadena, Culver City, Beverly Hills, and Santa Monica.


The fallacy of cheap home prices and the two income trap – dual income households underscore massive housing inflation. Nationwide home prices overvalued by 25 percent.


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