SD Housing Update, Mayor’s Salary, G-20 Economic Summit
Friday, April 3, 2009
San Diego home prices have dropped 40 percent from the peak market value in November 2005. Are San Diego home prices reasonable again?
Plus, San Diego Mayor Jerry Sanders is now collecting his full salary and pension after working for three years at about $36,000 annually. In 2005, the mayor promised that he wouldn't be collect his full salary while also taking his full police pension. What caused the mayor to change his mind? How will this news about the mayor's salary impact his efforts to cut $60 million from the the city's budget for next fiscal year?
President Barack Obama is in Europe this week to talk with world leaders about how to fix the ailing global economy. What are some economic and political principles that Obama might want to take from Europe, and implement in the United States?