Tag: economic crisis

Aug 13

Rentals More Expensive Than Ever

[Translate] From Bloomberg Aug. 13 2015. Americans living in rentals spent almost a third of their incomes on housing in the second quarter, the highest share in recent history. Rental affordability has steadily worsened, according to a new report from Zillow, which tracked data going back to 1979. A renter making the median income in the U.S. spent 30.2 …

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Oct 12

San Francisco 1968-1973

[Translate] (Continued from Simon Fraser) At a distance, San Francisco in late ‘68 still glowed from the “Summer of Love” festival the previous year.  But that glow was like the light that continues to travel in space after its source  burns out.  My friend in San Francisco — the noted Marxist economist James O’Connor — …

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