Mindblown: a blog about philosophy.
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Billionaires Flock to Bay Area’s Wealth Hub
Over the past decade, the Bay Area’s millionaire population ↑ 98%. The Bay Area is now home to 82 billionaires, leading global wealth hubs.
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California: States With High Housing Costs in 2025
In 2025, housing affordability remains a major issue across the US, straining household budgets. New data shows that in several states, housing costs now exceed 50% of avg household income, well above the 30% affordability threshold. In California, rising property values have pushed housing costs to 46% of avg household income. Both homeowners and renters…
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California Housing: Crash or Correction Ahead?
California housing inventory is rising sharply while home sales remain sluggish, echoing pre-2008 trends. Stricter lending standards and a stronger job market reduce the risk of a 2008-style crash.
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Concord considers proposal that would roll back city’s rent control limits
Concord is considering amending its Residential Tenant Protection Program to allow 5% rent increases and loosen eviction rules, up from the current 3% cap. Renters plan to protest, fearing the change could worsen housing insecurity. The amendment, supported by a landlord group, exempts some homes from eviction protections and removes relocation fees for no-fault evictions.…
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California Housing Shows Steady Strength
Home sales ↑ 4.9% yearly despite monthly dip. Inventory growth hit fastest pace since 2023.
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Could California Homes See Price Adjustments Soon?
California home sales remain below Great Recession lows, driving a significant inventory surge in April 2025.Active listings hit 64,900 in April, ↑ 50% yearly, outpacing the national ↑ 31% increase.
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Rents are skyrocketing in one Bay Area suburb
Menlo Park, known as the "Capital of Venture Capital," has seen a 40% year-over-year rent increase, with median one-bedroom rents at $3,360 due to limited housing, high Silicon Valley demand, and resistance to new multifamily development. Nearby Redwood City also experienced a 6.1% monthly rent rise. Despite some Bay Area counties showing increased housing inventory,…
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Honoring Our Nation’s Heroes on Memorial Day.
This day honors the brave men and women who have sacrificed their lives to defend America's freedom.It became an official federal holiday in 1971. Americans observe Memorial Day by visiting cemeteries and memorials.
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Home sales, inventory up across the Bay Area, figures show
Home sales and inventory are rising across the Bay Area, despite the median home price remaining the highest in the nation. However, concerns persist due to stock market declines and financial uncertainty, causing buyers to be more cautious. Properties are staying on the market longer, and urgency around offer deadlines has decreased following recent tariff…
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How California’s Disclosure Law Can Benefit Your Business
California’s SB 1235 mandates clearer disclosures for commercial financing. SB 1235 requires transparency in financing terms, including APR, payment schedules, and fees for small businesses.
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