When Pasha Grozdov found out his friend’s Manhattan landlord was raising the rent on her one-bedroom apartment from $4,100 to a crushing $6,000 a month, there was only one way he could think to react: with a joke.

“Let’s cancel the economy,” he responded.

Iced coffees in hand, Grozdov and his friend were on an early morning stroll ...Read more

The stock market has had a tumultuous 2022 so far, with major indices such as the S&P 500 and the Nasdaq Composite in bear market territory. But according to market professionals surveyed in Bankrate’s Third-Quarter Market Mavens survey, the outlook for stocks should improve over the coming year. The group of experts foresees a 12% increase in...Read more

The popularity of cryptocurrencies such as Bitcoin has plummeted in 2022, particularly among their most fervent supporters – millennial investors – according to a recent Bankrate survey. Americans of all ages have seen their comfort level with cryptocurrency sink sharply over the last year, as these digital currencies have plunged in value ...Read more

The pandemic caused tectonic shifts in the job market as workers young and old quit and searched for something better — in their work or in their life. According to the Pew Research Center, a little more than half of adults ages 55 and older had ditched the grind by late 2021, compared with 48% in the months before the first case of COVID-19 ...Read more

Cooling off a 1,500-square-foot bungalow in a heat wave is expensive enough. But how big are the bills for the ever-larger mega-mansions crowning our hills?

Granted, those who can afford a $50-million home likely aren't sweating a bloated electric bill, nor perhaps the carbon footprint, but experts say the cost of keeping a mansion cool can run...Read more

When Robert Hernandez unpacked his meager belongings into one of San Jose’s celebrated tiny homes, finally getting a bed and access to a shower after more than a decade on the street, he had reason to be elated.

After all, tiny homes have become the hot new thing in the fight to end homelessness. The simple dwellings have multiplied across ...Read more

When voters in Oakland, Berkeley and South San Francisco, California, receive ballots in the mail next month, they’ll be asked whether their cities should be allowed to help build more desperately needed affordable housing.

The reason for seeking voters’ permission? A 72-year-old provision in the California Constitution requiring local ...Read more

For decades, the single-family home has been Southern California's ultimate lure — a chance to live a life of sun and sand from the comfort of your very own property.

Most buyers' ticket into that life is the starter home. Something modest but not minuscule. Two bedrooms, maybe three. A picket fence in front and a yard out back for the kids ...Read more

Homebuyers have lost six figures in buying power over the past year, thanks to soaring mortgage rates, according to new research.

It’s the equivalent of about $140,000, a new report from RedFin calculates, as mortgage rates jumped to 6% since the beginning of the year.

“Raising interest rates is necessary to fight inflation, but it comes ...Read more

Chicago Mayor Lori Lightfoot unveiled a plan Monday to revive the LaSalle Street corridor, a key downtown office district that suffered the double whammy of COVID-19 and the loss of several large firms to new towers rising farther west along Wacker Drive and in Fulton Market.

The mayor said it’s time to take advantage of the Loop apartment ...Read more

The shift to working from home drove more than half of the increase in house and rent prices during the pandemic and will likely drive up costs and inflation going forward as the shift becomes permanent, according to research from the Federal Reserve Bank of San Francisco.

“The transition to remote work because of the COVID-19 pandemic has ...Read more

The Federal Reserve is making headlines by raising interest rates at the fastest pace in a single year since the 1980s, concerning investors and consumers alike with fears the central bank could go too far, too fast.

But it’s another lesser-known decision — albeit a substantially more complex one — that could have an even greater ...Read more

A developer's proposal to build a surfing lagoon in the Coachella Valley desert has been rejected by the city of La Quinta after residents raised concerns about noise, lighting and the resort's substantial water footprint in a time of severe drought.

The City Council's five members voted unanimously Wednesday night against a zoning change ...Read more