It’s a renter’s market

In addition to the general dearth of housing properties that has been created in the So Cal real estate market over the last five years, there is also the specter of decreasing demand. As the unemployment/underemployment rate in Los Angeles hovers near 20% people are leaving California faster than they are arriving and we mayContinue reading “It’s a renter’s market”

Obama CIO stepping down?

Vivek Kundra, Obama’s nominee to act as a Federal “CIO” is taking a leave of absence after federal investigators reported yesterday that one of his direct reports had been engaging in some accounting shenanigans – such as creating fake employees to siphon money away from the District of Columbia, his former employer. Sounds like theContinue reading “Obama CIO stepping down?”