April 8, 2024
by Source
Locals are bearing the cost of increasing rates, with many spending more than half of their income on rent
By Sasha Abramsky / San Diego Magazine – The Nation / April 4, 2024
Teresa, a 52-year-old with a solidly middle-class job in the healthcare industry, recently separated from her husband. At the time, the couple lived in Encinitas, in a large home they bought in 2010 for $450,000. When interest rates plummeted, they refinanced at less than 2.5 percent with only 13 years of payments left. Each month, the mortgage, the insurance, and the money they set aside for real estate taxes came to $2,900 between them.
But now, the market has shattered Teresa’s financial calculus. Even after she and her husband sold their house and split the profits, affording to buy again seems impossible.
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April 8, 2024
by Source
The Biden administration should be preparing for the worst.
By Juliette Kayyem / The Atlantic -RSN / April 8, 2024
No one in law enforcement should be caught off guard if trouble breaks out before, during, or after the November presidential election, because Donald Trump keeps talking as if addressing differences through violence is a normal part of the American political process. The presumptive Republican nominee recently promised forgiveness for the January 6 insurrectionists, posted a video involving a fake image of President Joe Biden hog-tied in the back of a truck, and riled up his supporters by claiming that “if we don’t win this election, I don’t think you’re going to have another election in this country.”
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