Red Rover, Red Rover, Send The Economic Recovery Back Over
“Federal Reserve policy makers may start weighing additional steps to prop up the recovery after growth fell below 1 percent in the first half of this year and economists began…
The Manhattanization Hotelization Of San Francisco
“We call it the ‘hotelization’ of San Francisco,” said. “Seniors, families and low-income tenants are being pushed out. We have to fight for every affordable unit.” ∙ Conversion of Apartments…
High-Speed High Jinks?
With the former chairman of the High Speed Rail Authority who has long opposed the proposed terminus setting the odds of high-speed rail ever reaching San Francisco’s Transbay Transit Center…
Ben Drops The D Word (And Sets The Stage For More Stimulus)
“The possibility remains that the recent economic weakness may prove more persistent than expected and that deflationary risks might reemerge, implying a need for additional policy support,” Bernanke said in…
Flight Of The San Francisco Families (Or At Least Kids)
“New census figures show that despite an intense focus by city and public school officials to curb family flight, San Francisco last year had 5,278 fewer kids than it did…
What’d You Expect?
“Americans’ views on the economy’s outlook soured in June, showing that unemployment, inflation and the slump in housing are concerning consumers. The Bloomberg gauge of economic expectations dropped to minus…
And Cha-Ching Says Mr. Ting…
“Jones Lang LaSalle Research Director Colin Yasukochi said he expects sales volume this year to surpass 2006, when $3.6 billion in office property changed hands. More than $8 billion changed…
But Would It Surprise You?
By way of Bloomberg: Robert Shiller, the economist who co- founded the S&P/Case-Shiller Index, said a 10 percent to 25 percent decline in U.S. home prices in the next five…
SF Mayor To CPMC: $108 Million To Approve Cathedral Hill Hospital
From the San Francisco Business Times: San Francisco Mayor Ed Lee is asking California Pacific Medical Center to pay to play on its proposed $1.7 billion Cathedral Hill hospital project,…
Fed Favors Raising Rates (And Tighter Credit) To Fight Inflation
“Federal Reserve policy makers began to coalesce last month on a strategy to reverse record monetary stimulus by first ending their reinvestment policy and later raising interest rates and selling…