Consumer

/

Home & Leisure

LA's new Airbnb rules bar short-term rentals of second homes and some apartments

Consumer / Home and Consumer News /

L.A.'s new Airbnb rules bar short-term rentals of second homes and some apartments

New restrictions on Airbnb and similar services in Los Angeles went into effect this week, driven by complaints that an explosion of short-term rentals has turned apartment buildings into hotels and pinched the city's already tight housing supply.

In a 2017 ...Read more

Real estate Q&A: Do I have to pay landlord for leaving rental before lease was up?

Consumer / Home and Consumer News /

Q: I rented a condo and moved out early because I bought a condo of my own. The lease stated that if I moved out early, I would be responsible for three months rent. The owner is now demanding that I pay him the three months. I know he rented the place out two weeks after I left. Do I need to pay him? -- John

A: You owe him some money, but not ...Read more

It would be cheaper to buy coastal homes than to keep fighting nature, new report says

Consumer / Home and Consumer News /

RALEIGH, N.C. -- Coastal towns may be better off buying out beachfront property owners than spending years trying to protect those homes from floods, erosion and shifting sands, a study of North Topsail Beach, N.C., concludes.

The Western Carolina University Program for the Study of Developed Shorelines, in a study released Sunday, found that ...Read more

Big home, big deal: The Manor in Holmby Hills sets an LA County price record at $119.75 million

Consumer / Home and Consumer News /

LOS ANGELES -- Los Angeles' ailing luxury real estate market just received a shot in the arm: The Manor, a 56,500-square-foot chateau in Holmby Hills, has sold for $119.75 million -- the highest home price in Los Angeles County history.

The astronomical sale closed Tuesday, according to the Multiple Listing Service. It represents another notch ...Read more

College bills coming due? Here are some smart tips before you pay

Consumer / Home and Consumer News /

With the cost of college rising each year, we did the math to see if it's possible for students to pay their own way through school.

In Pennsylvania, the worst state for affordability, students have to work 120 hours a week to cover in-state tuition and housing, according to price data from College Tuition Compare and labor/wage data from the ...Read more

College bills coming due? Here are some smart tips before you pay

Consumer / Home and Consumer News /

With the cost of college rising each year, we did the math to see if it's possible for students to pay their own way through school.

In Pennsylvania, the worst state for affordability, students have to work 120 hours a week to cover in-state tuition and housing, according to price data from College Tuition Compare and labor/wage data from the ...Read more

Your student loan servicers — Navient, Nelnet and FedLoan — pay big bucks to CEOs and lobbyists

Consumer / Home and Consumer News /

There's big money in America's $1.5 trillion in student loans -- and a lot of it doesn't go just to students.

Much like Wall Street, the student loan financing industry is an interlocking web of well-paid CEOs and lobbyists who move easily among the U.S. Department of Education, student loan servicing firms, and the halls of Congress.

With ...Read more

The Journey: Unretired at 65 and beyond

Consumer / Home and Consumer News /

Older workers blasted through another milestone recently.

The civilian labor force participation rate among people 65 and older stood at 20% in May, according to an analysis last month of Bureau of Labor Statistics data by advocacy group AARP.

That's up from just 10.8% a little more than a generation ago in 1985. The last time the ...Read more

Young and affordable, Columbus now sports larger population than iconic San Francisco

Consumer / Home and Consumer News /

San Francisco has the Golden Gate Bridge. The sunsets. The bay.

Columbus has the Scioto River, the Rich Street Bridge and sculptures of deer posing like humans.

OK, San Fran might be cooler, but CBus now has the bragging rights that it has more people. And the numbers also suggest Columbus has become much younger and more affordable for those ...Read more

Hot Property: For 'This Is Us' star, this pad is it

Consumer / Home and Consumer News /

LOS ANGELES -- Actor Chris Sullivan, best known for playing Toby on NBC's "This Is Us," has found a hip spot on L.A.'s Westside, paying $2.333 million for a modern home in Venice's Oxford Triangle neighborhood.

A few blocks from the marina, the two-story home dates to 1956 but was extensively remodeled about four years ago.

Among features are ...Read more

Susan Tompor: I pay my bills on time. Why is my credit score falling?

Consumer / Home and Consumer News /

Who would have imagined a day when a credit score could be as mystifying as an SAT or ACT score? But if you're looking for an elite credit card with amazing rewards or the best rate on a mortgage, you're hyper-focused on getting the best credit score. Sort of like trying to get into college.

But instead of improving over time, consumer ...Read more

Real estate Q&A: Can my condo security refuse to let visitor in because she has a support animal?

Consumer / Home and Consumer News /

Q: I live in a condominium. Recently a disabled friend was coming to visit with her emotional support animal. The front desk would not let her up, stating that because she was not a resident, they did not have to allow her in with her dog. Is this legal? -- Toni

A: No, your association violated the law when the front desk blocked your friend. ...Read more

Major changes in store for San Diego's bayfront

Consumer / Home and Consumer News /

SAN DIEGO -- Offering sweeping views of San Diego Bay and providing access to a multitude of water-adjacent diversions, downtown's North Harbor Drive is arguably one of the most underappreciated streets up and down the coast of California. That's not to say its present, second-tier status is a fait accompli.

Right now the powers that be, ...Read more

How the fight against climate change is exacerbating San Diego's affordable housing crisis

Consumer / Home and Consumer News /

SAN DIEGO --The San Diego region is on the front lines of a statewide push to abandon suburban development in favor of building denser urban communities -- a vision many California leaders have called for to curb greenhouse gases from cars and trucks.

Forcing existing neighborhoods, however, to shoulder increasingly more development is proving ...Read more

The bank branch of the future is coming, with coffee bars, cozy nooks … and no teller windows

Consumer / Home and Consumer News /

CHICAGO -- The branch bank of the future is coming, and your friendly neighborhood teller may be history.

With transactions migrating online, customer traffic down and once-bustling branches closing their doors, major banks including Fifth Third, Chase and Capital One are racing to create cozier, millennial-friendly spaces offering financial ...Read more

How millennials are changing corporate giving

Consumer / Home and Consumer News /

Corporate generosity took center stage in May when Robert F. Smith, the founder, chairman and CEO of Vista Equity, announced his plan to pay off student loans for Morehouse College's entire 2019 graduating class.

At the same time, MacKenzie Bezos, the ex-wife of Amazon founder and CEO Jeff Bezos, signed the Giving Pledge, agreeing to earmark ...Read more

On Philanthropy: Philanthropy is the ultimate 'risk capital'

Consumer / Home and Consumer News /

The definition of "risk capital" varies greatly depending on context.

In the world of private equity, risk capital refers to the funds used for speculative, high-risk, high-reward investments. Depending on the success of the investment, it can either earn spectacular returns or dwindle to a fraction of the initial amount.

In the charitable ...Read more

Vanguard Considering Private Equity for the very wealthy: report

Consumer / Home and Consumer News /

Vanguard is again considering jumping into the private equity realm, an alternative investment generally considered only for the very wealthy.

Vanguard has been in talks with HarbourVest Partners in Boston and Pantheon Ventures in London, plus at least one other firm, to give private market strategies to clients of its advisory services, ...Read more

Susan Tompor: Don't do your boss any favors buying gift cards — it's likely a scam

Consumer / Home and Consumer News /

We've had the "one ring" phone scam, the fake IRS phone calls, the scam that tricks you into thinking that your Social Security number has been connected to some car in Texas that was involved with running drugs across the border.

And now we have the "Can you do me a favor?" scam.

Sure, you're thinking "Hey, I know quite a few folks who ask ...Read more

Student loans were canceled? Great, but you are still on the hook for taxes.

Consumer / Home and Consumer News /

Good news: If you have private student loans from the now-defunct ITT Technical schools, your loans have been canceled.

Bad news: You may owe taxes, as the IRS views the loans as income.

Pennsylvania's attorney general last week announced a national settlement for more than $168 million in debt relief for 18,000 former students of ITT Tech. In...Read more

Social Connections

Comics

Cathy Diamond Lil Doonesbury Arctic Circle A.F. Branco Rugrats