Stopping the evictions?

An editorial in this week’s Guardian (yes, I know) applauds Chris Daly’s efforts to stop evictions, and mistakenly calls this a good idea… “Daly’s bill, which cleared the Land Use Committee Dec. 14 and will go before the full board Jan. 3, is aimed at the rash of evictions of low-income tenants whose apartments are turned into condominiums. The way the state’s Ellis Act works, any landlord has the right to go out of business – that is, to stop

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Record home sales in California in 2005

From today’s San Francisco Business Times, “A record number of homes changed hands in 2005 – almost 2 percent more than the record number of homes sold in 2004, according to the California Association of Realtors.” “The association reported Wednesday that 635,000 homes sold this year compared to last year’s record of 624,700. In 2006, sales are expected to drop by 2 percent – still a healthy number.” “This was the fourth consecutive year for double-digit appreciation – though the

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Bay Area wages highest in nation

From today’s Chronicle, “The Bay Area, heavy with technical and business management jobs, leads the nation in wages, with workers in the region earning 17 percent more than the national average, the U.S. Labor Department reported Wednesday.” “In the latest study, which examined the relative pay of jobs in 78 metropolitan areas in July of 2004, the Bay Area set the pace in four of nine occupational classifications, including “management, business and financial” and “professional and related” categories, which together

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City to plant 100 trees in SoMa

From today’s Examiner, “The South of Market neighborhood will get a little greener today and tomorrow, when The City plants nearly 100 new street trees in the area.” “The majority of the trees will be planted on thoroughfares that act as major gateways into and out of The City β€” 10th, 11th and Fourth streets. Most of the trees will be evergreen magnolias, but the planting will also include deciduous Raywood ashes and London plane trees.” “The planting, said Department

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Median price of a home in California rises in November, up 16.2 percent from a year ago

From the California Association of Realtors, β€œThe California housing market continues to experience year-over-year double-digit price appreciation, which is consistent with our expectation that the statewide median for 2005 will increase by 16 percent over last year,” said C.A.R. President Vince Malta. “The median price of an existing, single-family detached home in California during November 2005 was $548,400, a 16.2 percent increase over the $471,980 median for November 2004, C.A.R. reported. The November 2005 median price increased 1.8 percent compared

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