Share to Twitter Share to Linkedin Perhaps one of the most iconic portrayals of a greedy landlord is Benoit from Puccini’s La Boehme . The character arrives on the scene at the opening of the play looking to collect rent and then proudly confesses infidelity to the poor artists he’s trying to shake down. They pretend to be outraged by his immorality, eject him, and use the rent money for a night on the town. The image of the poor but righteous tenants is so compelling a modern musical adaptation of the opera is called Rent . But are housing providers really trying to squeeze every last cent from their residents? A study from Berkeley indicates that often, housing providers leave money on the table, giving discounts and often failing to keep up with the market. The study, Affordable Housing Without Public Subsidies: Rent-Setting Practices in Small Rental Properties , takes a look at how housing providers set their rents and how those rents relate to … [Read more...] about Study: Housing Providers’ Rent Increases Often Don’t Match Market
Share to Twitter Share to Linkedin Two years after the first rounds of Covid stimulus payments were sent by the federal government, efforts are beginning to assess the effect of direct cash payments. I have long been an advocate for cash payments, especially for rent, instead of expensive and inefficient building programs. A couple of studies point at two important outcomes from the Covid cash. First, the money helped solve real problems associated with Covid and poverty. Second, the money created some subjective impacts, specifically more awareness about money and budgeting and a heightened sense of anxiety about what happens when the subsidy is gone. If we’re going to move toward a cash for rent strategy, it’s worth taking a look at these outcomes. “ How Effective Is (More) Money? ” asks a study completed by a team of researchers looking at hundreds of Covid relief payments sent out to households during the pandemic. At first, their answer – “we find no … [Read more...] about Cash For Housing Better Than More Building Alone
Share to Twitter Share to Linkedin This month I’ll start with an update on housing issues generally then move to some specific proposals in Chicago and Cincinnati. Then I’ll share a couple of positive ideas for the future. When it comes to housing, the dominant topic these days is what is typically tenant/landlord law, rules that govern the operation of rental housing. The discussion has come even more narrow that that; today “housing” is almost synonymous with “eviction.” The problem is that regulating eviction won’t improve housing policy any more than regulating divorce will improve the life of families in the country. About a decade ago, housing really was a discussion about housing. Discussions about density, for example, were really about lifestyle, economics, and choices local governments needed to make about growth. As I’ve mentioned before , he discussion was intense, but it really was about where people would live. Today, interest groups with … [Read more...] about Update: Housing Policy Discussion Only Getting Worse
Mariane Osabel Like many new singers, “The Clash” Season 4 winner Mariane Osabel often wonders about how she can leave a lasting impression on people and make a mark in show biz. But as much as she wants to stand out, she won’t resort, she said, to singing over her peers onstage. “If we’re doing a duet or a group performance, and one of us is belting, I would sing in a neutral way to balance it out. Otherwise, we wouldn’t sound melodious … It wouldn’t sound appealing to the ears if I belt out while the other is going at it,” Mariane said in a recent online conference for her debut single, “Pira-piraso,” under GMA Music. “Hindi ako bibirit din. That’s my mindset when doing group numbers,” the 24-year-old recording artist added. And the same holds true for Mariane’s fellow singers in the popular “All-Out Sundays” segment “Queendom,” which features the noontime variety show’s resident divas, Aicelle Santos, Julie Anne San Jose, Rita Daniela and other former konteseras like Hannah … [Read more...] about No longer in competition mode, ‘The Clash’ champ Mariane Osabel wants to do her best without overthinking
Aceron in “Scorpio Nights 3” For Gold Aceron, having a romantic relationship shouldn’t be a hindrance to his plan of becoming an accomplished artist, especially since the young actor has recently taken the “sexy route” by appearing in the third remake of the erotic thriller series “Scorpio Nights.” Gold said he would encourage his girlfriend to watch Law Fajardo’s “Scorpio Nights 3,” which features Christine Bermas as his leading lady. “I would tell her, ‘You have to be ready to see projects like this because this is what I do for a living.’ The problem is, I don’t have a girlfriend anymore,” he told Inquirer Entertainment during a recent virtual media gathering. “Just the same, this person who I will eventually choose to become my life partner should understand and fully accept the kind of work that I do. I don’t think this should be difficult, especially when we put importance on communication. Lahat nadaraan sa mabuting usapan,” Gold pointed out. He admitted that his love … [Read more...] about ‘Going extreme’: The different emotions Gold Aceron struggled with in his love scene for ‘Scorpio Nights 3’
Share to Twitter Share to Linkedin Almost everyone who grew up in the United States after the end of World War II understood that an indicator of economic success if not the indicator was owning “your own home.” Homeownership attained mythic status representing not just climbing a rung up an economic ladder but a social and psychological one; owning a home meant being a full member of society. But is it really a good idea? While there are real, measurable economic gains that can be attributed to owning a home – or rather borrowing for one – has it had deleterious effects? Is it time to ask this question more seriously along with the essential one: “Is there an alternative and do we even need one?” A film by The Economist a couple years ago sets the stage for this conversation. The film’s title, “How an obsession with home ownership can ruin the economy,” might overstate the case just a bit, but it lays out in 12 minutes some of the most compelling challenges … [Read more...] about Is Home Ownership Still A Good Idea?
Share to Twitter Share to Linkedin Most people will occasionally have a few days or weeks when something hurts. Think of back pain, headaches, or period pains for example. Now, researchers have found that listening to music can make such pain more bearable, as long as you get to have a say in what music to listen to. In a research paper published today in PLOS One , Claire Howlin (Queen Mary University of London) and her colleagues from University College Dublin announced that they’ve found a connection between pain relief and choosing what music you want to hear. This isn’t the first evidence that suggests that music relieves pain, but the research team tried to make this study more true to life by using real music composed specifically for the research and working with people who were currently experiencing some form of pain. Over 250 adults from different countries (mainly in Europe and North America) took part in the study. They were each asked … [Read more...] about What’s On Your Pain Relief Playlist?
Your credit score is one of the most important measures of your financial health. It tells lenders at a glance how responsibly you use credit. The better your score, the easier you will find it to be approved for new loans or new lines of credit. A higher credit score can also open the door to the lowest available interest rates when you borrow. If you would like to boost your credit score, there are a number of quick, simple things that you can do. While it might take a few months to see an improvement in your credit score, you can start working toward a better score in just a few hours. Key Takeaways It takes less than a couple of days to pull all your credit reports from the three major credit bureaus, and assessing your credit score is the first step to raising it. In just a few hours, you can set due-date alerts for bills, so you know when a bill is coming up. Paying your bills on time Is one of the most important steps in improving your credit score. Pay down … [Read more...] about How to Improve Your Credit Score Fast
- A + A (Aug 7): U.S. House Speaker Nancy Pelosi’s recent Taiwan visit inflamed U.S.-China tensions and incensed Beijing, yet did little to deter investors from plowing money into China’s semiconductor companies, Fortune said. On Friday, shares of China’s biggest chip companies surged the most since 2020, as investors bet that the growing Sino-U.S. chips showdown would spur the advancement of China’s semiconductor sector. China’s semiconductor index gained nearly 7% on Friday and 14.2% on the week, the best weekly performance in over two years. Mirae Asset Management’s Hong Kong-listed semiconductor exchange-traded fund (ETF) , a fund that invests in Chinese semiconductor manufacturers, jumped 9.5% on the week. The fund has surged 19.6% from its 2022 low in early May. The mainland’s top chip producer Semiconductor Manufacturing International Corporation (SMIC) advanced 15.8% on the week in Hong Kong, said Fortune . Siow Chen Ming … [Read more...] about Fortune: Nancy Pelosi’s visit to Taiwan was great news for China’s chip sector as investors welcome the prospect of a chip war boom
Joe Biden - A + A WASHINGTON (Aug 7): US President Joe Biden tested negative for Covid-19 for a second consecutive day, ending more than two weeks spent mostly self-isolating at the White House. The latest antigen test for Biden, 79, came back negative on Sunday morning, presidential physician Kevin O'Connor said in a letter released by the White House. "He will safely return to public engagement and presidential travel," the doctor said. "I'm feeling great," Biden told reporters outside the White House. Biden's diagnosis, including a so-called rebound case after he received Pfizer Inc's antiviral drug Paxlovid, has hampered his political schedule ahead of midterm elections in November, although he has done a series of virtual events. Even before the doctor's letter was released, Biden headed from the White House to his beach home in Delaware on Sunday. On Monday, he and first lady Jill Biden plan to travel to Kentucky to visit communities hit by deadly … [Read more...] about Biden cleared to resume public events after negative Covid-19 test