Another Terrace Morning
Via The Dirt Floor.
Here's a good indicator of the bottom of a crater: real estate cash sales. In California they are at the level they were in 1994 levels as percentage of all residential real estate transactions.
Latinos are 37% of the State's population, 39% of the State's prisoners---and 8.2 of the State's judges.
The Governor is giving the State Legislature ten more days to reach a budget deal.
Some are actively recruiting Ed Lee to run for Mayor of SF. The interim appointment says he won't.
To save money, Lieutenant Governor Gavin Newsom will close the LG's office in LA; also, he'll lease form himself hipper digs south of Market.
The CRA will vote on Broadway's streetcar project this week. Last week, the project got a million from the City.