Category: Money

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Would You Want to Live Here?

As explained three days ago, apartment landlords are taking away tenant garages and converting them into residential rentals. The practice is rampant across San Diego County, including my neighborhood of University Heights.

Unsurprisingly, the alleys separating streets fill with parked cars, particularly late day into the evening hours. You lost your garage and can’t find a legal space, so you make do and hope to move before the parking police blast by writing tickets.

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Adios, Aldi

Food inflation is way worse than official, government data states if my local Aldi is a measure. The German-owned grocery was my favorite supermarket—until today’s visit. The many changes—higher costs among them—dismay and disappoint.

Aldi is about a 20-minute drive from our apartment, making it an expedition when other grocers are walking distance away. I hadn’t been to the place since sometime in 2023, although my wife has ventured there more recently. Today’s trip was my suggestion.

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What Happened Here?

My wife and I walked around Mission Valley Mall—no longer a Westfield property—today. More stores are local small businesses, although some big brands are present—like Target.

The big surprise: The apparently permanently closed Temple Custom Jewelers and the mysterious signs you see in the Featured Image and companion. I knew that the establishment was black-owned but have no idea what were the circumstances leading to the signs. Googling gave no answers, tonight.

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Pay More For Less

Take a good, long look at the Featured Image. This apartment building epitomizes how dramatically have rentals risen in San Diego over scant number of years. Something seems wrong here—and I mean more broadly. This place merely reflects a trend in explosive increases that feels funny—fixed, unnatural—for a typically dynamic capitalist market.

I’ll illustrate. In June 2021, a 1,000-square-foot flat listed for $1,495 monthly and presumably rented, since the listing was removed eight days later. Available now for $2,325, in the same building: 530-sq-foot studio. Oh, and Zillow estimates that if the larger unit was marketed today, the landlord should charge $3,063.

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The Sitter

I had planned to close-crop the Featured Image but altered after looking at the context in relation to some past posts (follow the links). The young women sits on a wall alongside the Sprouts market; that sidewalk stretch is a frequent homeless hangout.

To the far right is the entrance to the local library’s book sale room, which is open the third weekend of every month. My recent purchases include the first five volumes of Talk to Me in Korean and ye olde history books.

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What These Flowers Mean

The Featured Image is a memory marker. I shall explain. The grass on this property is rarely overgrown like this. But the woman responsible for tending things has lost the privilege of doing so. For reasons of protected privacy, I choose not to show the building.

One of my neighbors is in the process of losing her home. Supposedly she will be duly compensated, but what she wants is to stay in the neighborhood she knows and loves, living out her life in a house her grandmother once owned.

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I Could Have Saved Nine Dollars

Posting resumes, following an unplanned hiatus. Dad is in a state of physical decline, and concern grows about how long he will be with us. One of my sisters asked me to join her—she from Florida, me from California—for a Presidents’ Day holiday weekend trip home, which is Aroostook County, Maine. I logged 2,950 air miles each way.

My trip started in San Diego and first stopped in Los Angeles, following a 22-minute flight with connection to Newark and onward to final destination Presque Isle. Hungry, I grabbed a burger while at LAX. I shot the Featured Image, using Samsung Galaxy S24 Ultra, while waiting for my $20.25 beef patty.

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Coin Collection

While waiting outside the Smart & Final for my wife, who was grocery shopping (bless her!), I hung out in the parking lot by the wall where, on the other side, homeless folk sometimes hang out. On the ledge, I came upon a small collection of coins.

My question: Did some good Samaritan leave loose change for the unhoused (hate that term) to find, or were the coins perhaps gathered and forgotten? Either, or neither, could be true.

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When Time Runs Out

For weeks, I have seen a sign outside one of the long-time, local University Heights businesses: Relocation moving sale. Today, I walked by and could see men working inside around fixtures, so I stopped by to ask where is the new location. There is none. Yet. Maybe never.

Commercial rents rise like insane homeless people shouting and swearing as they pull along their belongings in shopping carts. The store’s proprietor told me that his rent nearly doubled, leaving him little option other than to close up after first opening—in nearby Hillcrest—in 1974. What worse way to celebrate 50 years, eh?

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Prime Cuts

Like many other Amazon customers, the day after Christmas (Bah humbug to you, too, Jeff Bezos), I received email informing that “starting January 29, Prime Video movies and TV shows will include limited advertisements”. That one sentence sentences my Prime membership to execution. I won’t renew when the current annual period expires.

My family’s first Amazon purchase was in 1998, and we joined Prime a decade later. One of the benefits for which we keep the service is commercial-free video content. Advertising changes everything. Free, fast shipping isn’t compelling enough.

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Live at Winslow?

Opening of the 379-unit apartment building—along Park Blvd between El Cajon and Meade—continues to reverberate across my neighborhood of University Heights and nearby Hillcrest and North Park. Winslow’s rentals reset the comparative market rate—a term that I loathe—that other landlords would use to charge their tenants, exiting or new, more.

Another impact is the building, which fills one full block and dramatically changes the character of that stretch of Park Blvd. The residential complex, and other newer multi-unit structures, also increase congestion and traffic—oh, let’s not forget competition for parking spots.

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Now That’s Frightening

Welcome to another blast from the past. I captured the Feature Image on this date in 2012, using Galaxy Nexus, which was codeveloped by Google and Samsung and manufactured by the latter company. Vitals: f/2.75, ISO 50, 1/115 sec, 3.43mm; 3:40 p.m. PDT.

Location: Monroe, between Cleveland and Maryland, in University Heights. The property is good measurement of San Diego’s changing housing market. The place sold for $520,000 in June 2011. The family living there moved to a larger home and put this place on the market, where it went for $617,500 in September 2013.