San Diego Association of Governments (SANDAG) gave La Mesa a sense of what a redeveloped Grossmont Center might look like given current trends in urban development and retail.

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Comment by joan sullivan on April 17, 2011 at 8:11pm
Our Future! Concrete Canyons??
Comment by Steven S. Kane on March 25, 2011 at 6:02pm
Too many roads, too many cars.  The people have to compete with the cars to move around.  The Grove is a center in West Hollywood that works really well because the central area is almost like a park.  It is designed to be used by people.  It actually has grass, trees and water rather than glass and concrete.  This looks like a 1950s concept where the auto is king and the people had better just get out of the way.  Please do not build it!  However, I am sure that our East County 16 year-old pickup truck jockeys would love it.

HousingWire

Self-employed find it's not easy to get a mortgage

Source: LA Times

Self-employed borrowers have a harder time getting a mortgage than their salaried peers, according to a new study. This is despite the fact that many such borrowers often earn higher incomes. The self-employed receive 40 percent fewer loan quotes than the average would-be borrower. The reason for this percentage is lower credit scores and more complex paperwork to verify income.

Read the full story:

http://www.latimes.com/business/la-fi-mortgages-self-employed-20141204-story.html

How Higher Gas Prices Can Shape Home Values

Source: Wall St. Journal

A new study finds that rising gas prices can change the value of your home, for better or worse, depending on where you live. Reportedly, a 10 percent increase in gas prices can boost home prices by around 2 percent in certain neighborhoods, while reducing prices by around 1 percent in others. In addition, the intensity of the relationship between home prices and gas prices may have weakened as the fuel economy of American cars has improved.

Read the full story:

http://blogs.wsj.com/economics/2014/12/04/how-higher-gas-prices-can-shape-home-values

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