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No House Shoes: Why Going Barefoot Indoors Is Good for You

Consumer / Home and Consumer News /

For generations, people have treated house shoes as a basic necessity. Slippers wait beside the bed. Foam clogs sit near the kitchen. Indoor sneakers promise cushioning, support and protection from the supposed dangers of an ordinary floor.

For most healthy adults, however, shoes are not needed inside the home. In fact, going barefoot indoors ...Read more

Irfan Khan/Los Angeles Times/TNS

Legendary Television City may be be sold in further blow to Hollywood

Consumer / Home and Consumer News /

LOS ANGELES — Television City, one of the most famous studios in the entertainment industry where generations of TV shows have been created, is expected to hit the market again as its owner grapples with debt.

It's the latest sign of distress in Hollywood as the film and TV industry struggles from a sharp falloff in production activity across...Read more

Allison Dinner/Getty Images North America/TNS

Is buying a home still the way to wealth? Some young Americans aren't sure

Consumer / Home and Consumer News /

The fast-rising costs of owning a home have some young Americans questioning whether buying a house is still a good investment.

Take Tony Zhang, 34, who bought a $950,000 townhouse in Irvine, California, in 2021 and says he now regrets it. The supply-chain manager says investing his down payment of roughly 30% in the stock market instead would...Read more

Ivy Ceballo/The Seattle Times/TNS

Seattle couple making $173K unsure having children is financially doable

Consumer / Home and Consumer News /

SEATTLE Jorge Aranda and Mattie Gottbrath are at a crossroads. The couple want to have children one day, but to do so they may have to leave the city they love.

“We constantly ask ourselves whether we can live in Seattle long term, let alone with a kid,” said Aranda, 29.

The couple moved from St. Louis, Missouri, to Seattle in early 2023, ...Read more

Dreamstime/Dreamstime/TNS

Jared Kushner-linked apartment firm must pay over $4 million, judge rules

Consumer / Home and Consumer News /

BALTIMORE — A Baltimore judge has ordered Westminster Management, the property management arm of Kushner Companies, to pay more than $4.17 million to thousands of Maryland tenants after finding the company illegally charged excessive late-payment and court-related fees for years.

In a ruling issued Tuesday, Baltimore City Circuit Judge Paul J...Read more

Rokas Tenys/Dreamstime/TNS

Polymarket seeks license to offer margin trading legally in US

Consumer / Home and Consumer News /

Polymarket is seeking regulatory approval to offer margin trading in the US, a move that would let users bet on events with less capital upfront and help the prediction market platform attract more sophisticated traders.

The company filed an application to operate as a futures commission merchant through its affiliate, Coming Home GBA LLC, ...Read more

Nick Wagner/The Seattle Times/TNS

As downtown Seattle offices empty, city facing years of 'zombie' towers

Consumer / Home and Consumer News /

Downtown Seattle may be sending strong “we’re back” vibes during its World Cup star turn. But downtown's economic engine is still stuck on the sidelines.

Nearly 37% of the downtown Seattle office space is vacant — the most of any major U.S. downtown, according to real estate brokerage Cushman & Wakefield.

Iconic office towers like the ...Read more

Christina House/Los Angeles Times/TNS

Prefab housing builders seek to show their stuff in LA fire recovery

Consumer / Home and Consumer News /

Inside a factory alongside Interstate 5 in the San Joaquin Valley, a forklift delivered a stack of precut lumber to two waiting carpenters.

Consulting a design on a computer screen, the workers arranged the numbered pieces — from 14 inches to 12 feet long — into a grid on an oversize worktable and attached them with rapid nail gun blasts. ...Read more

DREAMSTIME/TNS

AI office demand seen spreading beyond NYC, San Francisco

Consumer / Home and Consumer News /

AI-focused tech firms are stepping up searches for office space, and New York and San Francisco won’t be the only cities to benefit from their fast expansion.

Building tours by prospective AI tenants in the U.S. jumped 85% in the year through May, according to commercial-property data provider VTS. Searches are highly concentrated in ...Read more

Real estate Q&A: How can I protect against the 'most expensive scam in real estate'?

Consumer / Home and Consumer News /

Q: I am closing on a home purchase next week, and I just received an email from my title company with instructions for wiring my down payment. It says their bank account has changed and asks me to send the funds right away. It looks real and uses the correct names and numbers, but something about it feels off. Is this normal? — Marcus

A: ...Read more

George Avalos/Bay Area News Group/TNS

California's first ADU condo sale offers cheaper path to homeownership

Consumer / Home and Consumer News /

San Jose is home to the first accessory dwelling unit sold as a separately owned condo in California, city officials said, setting a potential template for a more affordable path to homeownership. But a lengthy rollout raises questions about whether the model can become a scalable solution to the state’s housing crisis — the sale comes more ...Read more

TIMOTHY A. CLARY/AFP/Getty Images North America/TNS

Anti-Musk retail investors scramble to keep SpaceX out of their portfolios

Consumer / Home and Consumer News /

Christopher Bejnar has spent the last couple of months combing through the fine print of exchange-traded funds, emailing financial advisers and moving money into European stocks — all to keep SpaceX out of his $1 million portfolio.

As Elon Musk’s newest public company heads into Nasdaq’s stock indexes this week, the 46-year-old software ...Read more

Lars Hagberg/Getty Images North America/TNS

Should cryptocurrency have a place in your retirement portfolio?

Consumer / Home and Consumer News /

Few investments have divided investors as sharply as cryptocurrency.

To some, it’s the future of finance and a once-in-a-generation opportunity to build wealth. To others, it’s a speculative asset that has yet to earn a place in a long-term retirement portfolio.

Now, Pennsylvania has added a new wrinkle to the debate.

The state recently ...Read more

Myung J. Chun/Los Angeles Times/TNS

He dreamed of a Midcentury compound on an 'unbuildable' LA hillside. It took 12 years

Consumer / Home and Consumer News /

LOS ANGELES -- Diego Cano-Lasso had been looking for an architectural project when he found two hillside lots with spectacular views for sale in Mt. Washington. With work scarce in 2012, the SCI-Arc graduate persuaded his family to invest in the property, and together they bought the two plots for $95,000.

“We are not developers,” he says, ...Read more

Real estate Q&A: As a buyer, do I have to pay my real estate agent 3%?

Consumer / Home and Consumer News /

Q: I am buying my first home, and before showing me anything, my agent had me sign an agreement to pay her 3%. The house I want is not offering to cover my agent, and I am already stretched thin with the down payment and closing costs. Do I really have to pay my agent that 3% out of my own pocket? — Danielle

A: Buying your first home is ...Read more