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Allen J. Schaben/Los Angeles Times/TNS

Los Angeles may cap rent increases for rent-stabilized apartments at 3%. Landlords cry foul

Consumer / Home and Consumer News /

Valerie Valentine bought a triplex in South Los Angeles two weeks ago, and already she wonders whether she made a terrible investment.

Bills are immediately adding up for the small-time landlord, from $1,000 to get the water turned on to $6,000 in annual property taxes. She worries that the amount she collects in rent will not be enough to ...Read more

Everyday Cheapskate: Surprisingly Useful Ways to Use Dryer Sheets Around the House

Consumer / Everyday Cheapskate /

Apparently, I'm a slow learner. I can't think of another reason it took years to associate my sons' and husband's itchy skin problems with the dryer sheets I used.

While we didn't experience respiratory problems that are often associated with fabric softeners, there is credible medical evidence that the perfumes and additives in laundry ...Read more

Justin Sullivan/Getty Images North America/TNS

Trump's 50-year mortgage loses steam as industry questions costs

Consumer / Home and Consumer News /

Days after Donald Trump’s party lost several key election contests that centered on cost-of-living concerns, the president floated the prospect of a 50-year mortgage to help voters tackle one of their top concerns: housing affordability.

“All it means is you pay less per month,” Trump said in an interview that aired on Monday.

Yet the ...Read more

Everyday Cheapskate: No More Sleeping Through the Alarm and More Handy Tips

Consumer / Everyday Cheapskate /

Surprise! Instead of sharing tips you've sent to me, I've decided to hog the entire column to share some of my own. Several of these are oldies but goodies, while some I have discovered recently. I do love a great tip.

PHONE ALARM VOLUME BOOSTER

If you're a heavy sleeper and have trouble hearing your cellphone's alarm, you can boost the volume...Read more

Nathan Howard/Getty Images North America/TNS

AI's $5 trillion data-center boom will dip into every debt market, JPMorgan says

Consumer / Home and Consumer News /

The furious push by AI hyperscalers to build out data centers will need about $1.5 trillion of investment-grade bonds over the next five years and extensive funding from every other corner of the market, according to an analysis by JPMorgan Chase & Co.

“The question is not ‘which market will finance the AI-boom?’ Rather, the question is �...Read more

A fourth tier of credit cards has begun to emerge

Consumer / Home and Consumer News /

For a long time, credit cards have generally fallen into three tiers: no-annual-fee cards, mid-tier cards with annual fees around $95 and premium cards with annual fees measured in the hundreds (these used to cluster around $400 or $500 per year, now it’s more like $800 or $900 in many cases).

The upmarket migration of luxury credit cards ...Read more

Everyday Cheapskate: Best Foods to Freeze (and Why You Should Try This)

Consumer / Everyday Cheapskate /

When most of us think of the freezer, we picture two things: ice cream and meat. Maybe there's also a bag of peas in there that looks like it's been through three presidential administrations. But here's the thing: Your freezer is one of the most overlooked money-saving tools in your kitchen.

Used wisely, it stretches your grocery budget, cuts ...Read more

Real estate Q&A: How can we keep our kitchen remodel from becoming a nightmare?

Consumer / Home and Consumer News /

Q: We finally saved up enough money to remodel our kitchen. But after seeing some homes get remodeled for our friends, we’re a little concerned about the process. Do you have any tips? —Mandy

A: Remodeling your kitchen can be an exciting project, but it also needs careful planning and preparation. For some people, the process goes smoothly,...Read more

Ken Lambert/The Seattle Times/TNS

Seattle-area homeowners stay put at record rates, stalling buying cycle

Consumer / Home and Consumer News /

Seattle-area homeowners are holding onto their properties at record rates — jamming up the region’s normal cycle of buying and selling.

Redfin tracks home turnover rates by looking at what percentage of a region’s overall homes changed ownership over a period of time. In the first nine months of this year, just 20 out of every 1,000 homes...Read more

Everyday Cheapskate: 3 Reasons I Cook (and Bake!) with Sunshine

Consumer / Everyday Cheapskate /

On one ordinary day back in 2012, a hefty envelope turned up in my snail mail containing a very kind letter along with a mechanical drawing so detailed it made me want to chew my hair. The sender thought I would be the perfect person to build my own solar oven. Right. Like that was ever going to happen. The idea of cooking with sunshine did, ...Read more

Rokas Tenys/Dreamstime/TNS

Why fears of a trillion-dollar AI bubble are growing

Consumer / Home and Consumer News /

For almost as long as the artificial intelligence boom has been in full swing, there have been warnings of a speculative bubble that could rival the dot-com craze of the late 1990s that ended in a spectacular crash and a wave of bankruptcies.

Tech firms are spending hundreds of billions of dollars on advanced chips and data centers, not just ...Read more

Everyday Cheapskate: Trucs in the Kitchen

Consumer / Everyday Cheapskate /

Fast-food runs, deli detours and grocery carts loaded with prepared food can drain a food budget faster than a houseful of hungry teenagers. The secret for slashing your family's food bill is to cook at home. And the way to become confident in the kitchen is to learn a few strategic trucs of the trade.

"Truc" (rhymes with "fluke") is a French ...Read more

CHRIS DELMAS/Getty Images North America/TNS

US median first-time homebuyer age now at record-high of 40

Consumer / Home and Consumer News /

The median age of first-time homebuyers in the U.S. has climbed to a record of 40 as soaring prices and mortgage rates over the last few years delay homeownership for millions of Americans.

The age at which people purchase their first home has climbed rapidly since 2021, when the median was 33, according to a National Association of Realtors ...Read more

Everyday Cheapskate: 8 Secrets of a Successful Garage Sale

Consumer / Everyday Cheapskate /

Whether your goal is to purge your home of stuff you no longer need or raise some cash -- or both -- you have options.

You can sell your items on an auction website like eBay, list them in classifieds on Craigslist or give the stuff away. Or, you can create a killer garage sale that turns your castoffs into cold, hard cash.

PLAN AHEAD. Give ...Read more

Cagkan Sayin/Dreamstime/TNS

Risky business: 3 measures of risk that affect your portfolio

Consumer / Home and Consumer News /

No risk, no return!

How many times have you heard that phrase or something similar?

It’s usually meant to encourage. A rallying cry for entrepreneurship, industry and capitalism, it also alludes to the inverse — that high risk translates into high return. But when it comes to investing, it isn’t quite so simple.

Risk vs. return in ...Read more

Everyday Cheapskate: 8 Ways to Stop Wasting Money

Consumer / Everyday Cheapskate /

Your paycheck doesn't exactly walk out the front door; it seeps away. Little dribbles here and there: a forgotten return, a subscription you never use, that "risk-free" gadget from a TV ad. On paper, these are small things. But small things have a way of piling up until your money is leaving faster than you can make it.

Want to keep more of ...Read more

Ken Lambert/The Seattle Times/TNS

In Washington, cleaning up mold in rental housing is complicated

Consumer / Home and Consumer News /

It’s cozy season — a time when people keep out the chill by shutting windows, curling up on the couch with a steaming mug of tea and switching on a space heater. But that can invite an unwanted house guest — mold.

Mold is a common problem in Washington, where rainy weather creates the ideal conditions for spores to grow and thrive. If it ...Read more

Real estate Q&A: Can I sue owner of building next door over damage caused by sprinklers?

Consumer / Home and Consumer News /

Q: I live next to a building that has two feet of plants and grass next to the property line. Their sprinklers are directed to my property instead of the other way around. Over the years, the water has damaged my garage and an adjacent room. They are constantly flooded to the point of sinking. Can I sue the owner for the damage? — Helga

A: ...Read more

Everyday Cheapskate: A Remarkably Effective and Safe Do-It-Yourself Option for Pest Control

Consumer / Everyday Cheapskate /

There is an old adage out there that promises, "Teaching teaches the teacher." I believe that with all my heart. Never does a day go by that I don't learn something from my readers. Most days those lessons are small, perhaps even insignificant. And then there are days like today when it's just one big wow after another!

Dear Mary: In response ...Read more

Everyday Cheapskate: Could You Go a Year Without Spending?

Consumer / Everyday Cheapskate /

A few years back, Eric and Donna Reed shopped for groceries and household products just once for an entire year. How on Earth? I know. That was my reaction too.

The Reeds got the idea after reading a column in USA Today wherein the writer confessed to his weakness when it came to buying clothes. So driven to buy new sweaters, slacks or shoes ...Read more

 

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