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News, The Snitch S.F. Renters Partying Like It’s 2009

S.F. Renters Partying Like It’s 2009

If you’re currently trying to rent an apartment in San Francisco, this news might make you laugh: The market is cooling so much that landlords are offering generous perks for signing a lease. But to anyone considering a 400-square-foot studio…
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News, The Snitch California: Privately Rich in Big Cities, Publicly Broke

California: Privately Rich in Big Cities, Publicly Broke

Welcome to the hub of American prosperity. Yesterday, the Census Bureau released the results from the 2011 American Community Survey, and in the competition for Wealthiest City in America, the Bay Area snagged gold and silver.San Jose took the top…
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News, The Snitch Foreclosures Crisis' Effect on the Election Could Be Deeper Than Just Policy Debate

Foreclosures Crisis' Effect on the Election Could Be Deeper Than Just Policy Debate

The 2012 general election will be the first since the national rate of mortgage delinquencies rose above 10 percent. While it seems the fever broke in early 2010, when nearly 15 percent of home loans were past due, the country's…
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News, The Snitch Uncertainty Has Increased Unemployment Rate by up to 2 Percent, Fed Study Says

Uncertainty Has Increased Unemployment Rate by up to 2 Percent, Fed Study Says

"Uncertainty!" Scottish dramatist David Mallet wrote. "Fell demon of our fears! The human soul that can support despair, supports not thee."The human soul and the economy have that in common. By now, it's been ingrained in our consciousness by news…
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News, The Snitch More Foreclosures in a Community Means Lower Voter Turnout, Says Study

More Foreclosures in a Community Means Lower Voter Turnout, Says Study

History will eventually figure out the social implications of the foreclosure crisis -- its longterm effect on the wealth gap between minorities and white people, its role in gentrification, its impact on an already shrinking middle class, whether it permanently…
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News, The Snitch Wells Fargo Controls One-Third of This Year's U.S. Mortages

Wells Fargo Controls One-Third of This Year's U.S. Mortages

This spring, about a dozen housing advocates marched up Russian Hill to Wells Fargo CEO John Stumpf's house, to protest the steady stream of foreclosures in San Francisco. On another day they bused over to Los Altos and Hillsborough, to…
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News, The Snitch Facebook's Swoon a Symptom of Wall Street's Sickness

Facebook's Swoon a Symptom of Wall Street's Sickness

Facebook's newly issued shares lost 11 percent of their value on Monday, their first full day of public trading after Friday's snafu-filled IPO. That's a loss of $11.5 billion. Tuesday, the fall continued, taking the stock down another 3 percent.…
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News, The Snitch Fruits of Funemployment: A Graphic Designer's Take on the Great Recession

Fruits of Funemployment: A Graphic Designer's Take on the Great Recession

In a cover story a few weeks ago, we took a look at the surprisingly sunny mindset of many young San Francisco workers who have lost their jobs in the current economic downturn. The lifestyles of the "funemployed" provoked responses…
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