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Letters from our listeners
Letters
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I heard your report on bidding wars returning to the California residential real estate market. You are missing a journalistic opportunity by reporting on yet another young couple at great risk to lose their home to foreclosure.
You need to begin to report on the more profound development that has unfolded in real estate, particularly in large US metro areas: the phenomenon that stable single family home ownership in such areas is now the exclusive preserve of very stable high income earners and highly wealthy investors.
Please report on the following. Home ownership for middle-income earners in many parts of this country, given the trends of income, employment and population growth, must shift from single-family homes to multiple-unit, non-luxury condominium development. Otherwise, residential real estate will be condemned to perpetual boom, bust, and stagnation.
Otherwise, good show.
Mark A. Ortega
Schaumburg, Illinois
On Friday you opened a 7 min report on immigration (business?) announcing the big rally scheduled for Sunday. If you are going to announce that rally why was there nary a mention of Washington rallies the same weekend by Abortion foes, pro-Abortion groups and Tea Party groups?.
