Ten Second News

San Francisco's Housing Crisis, Exactly as Planned

San Francisco’s Housing Crisis, Exactly as Planned

Plenty of discussion has centered around the California housing situation, especially the prices and lack of availability in the bay area since the tech explosion brought enormous wealth to one of America’s most unique cities, San Francisco. “Demolishing the California Dream: How San Francisco Planned Its Own Housing Crisis” by Hunter Oatman-Stanford is a detailed examination of the history of that great city, and how it came to be the go-to example of the modern housing debate.

Aging boomer trends

Here are a couple of interesting (and troubling) posts about what aging boomers are up to.  First, the LA Times reports that, as predicted, the nation’s 77 million boomers are beginning to dump their stocks as they prepare for long retirements.  Just as the economy rose during the boomers’ productive years, experts are predicting a…

Race and homeownership, continued

A few months ago, I recommended Jason Kuznicki’s excellent article on America’s history of state-sanctioned racial discrimination. In it, Kuznicki discusses the relationship between government regulations and social prejudice (emphasis mine): In a mobile and egalitarian commercial republic influenced by Christianity, practicing racism ought to be difficult. It becomes much easier, however, when there are…