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Tag: "real estate"

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Taking Stock

Taking Stock

Who’s Number One? A recent Gallup poll reported that a significant majority of Americans believe that China has become the leading economic power in the world today. Although China overtook Japan last year to become number two, the United States economy is still over twice that of China. This mistaken belief seems based on an […]

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Musings on the Coast

Musings on the Coast

The Ranters   When I first thought about this column, I wanted it to be a rant about my seemingly endless Facebook friends who have gone off their rockers in rants of their own or send me endless email rants.  And all with the particularly vicious purity of true believers. But I cannot work myself […]

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Taking Stock

Taking Stock

Nix to Bricks Stocks continue to bounce around in response to new quarterly earnings reports and in reaction to their decent advance over the last few months. Summer is icumen in and May often introduces a market lull until the fall. The Presidential campaign will dominate the news until then and its resolution in November […]

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Musings on the Coast

Musings on the Coast

Revisiting Seaward Road  It is funny what you remember about growing up.   For me, it was all about Seaward Road, which is in Corona Highlands in southern Corona del Mar.   Specifically, it was the flat part about two-thirds of the way to the top.  My family had a house there. The house was split-level, with […]

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Taking Stock

Taking Stock

Market Rallies Are Not Sell Signals Some investors remind me of animals that have been abused and now resist offers of kindness. A majority of investors surveyed in a recent CNBC poll reported that they mistrust stocks to some degree, as if they had been mistreated. This distrust continues despite stocks being up 65% in […]

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Musings on the Coast

Musings on the Coast

The Reawakening   Laguna Beach used to be a gay Mecca.   We had our own goodly district of gay bars, restaurants and clubs.  Then time and local demographics changed that and now the Mecca has moved.  It went mostly to Palm Springs.   Palm Spring’s reached its height of pre-gay notoriety between 1950-70, when actors […]

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Musings on the Coast

Musings on the Coast

Tour of Duty: Personal and Political   Last Sunday at Newport Harbor yacht club, about 25 of us gathered to board the Soluna, my brother’s 52” motorboat and spread ashes at sea. They were of my former wife’s father, Les.  Like my own father, Les had suffered the torments of a long, lingering diabetes death. […]

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Musings on the Coast

Musings on the Coast

The Risks of Ignorance It happened early last summer.  An overweight tourist almost drowned.  He had been ocean kayaking near Seal Rock off Crescent Bay in north Laguna and flipped.  He was with a similar guy in rented kayaks.  They had removed their lifejackets.   I was in my own kayak about 100 yards away […]

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Musings on the Coast

Musings on the Coast

Code Words   I was at CdM High School during the 1960s race riots in America.   There were almost nightly scenes of black people on TV being fire-hosed. Or attack dogs set on them.  Or being beaten by police with batons, arrested, put on buses to jail.  Or soldiers would guard them as they attempted […]

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Musings on the Coast

Musings on the Coast

The Concrete Foreman   My father was a construction contractor and I worked on his jobsites from the time I was 8.   So from my earliest years, I knew Vic Vaca.  He was my dad’s concrete foreman. By God, he was a specimen.  I did not know that then.   All I knew was Vic worked […]

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Musings on the Coast

Musings on the Coast

My father was one of seven kids from Kansas. During the Great Depression, he got married and the next day took the freights West. There he eventually joined the Coast Guard and at the end of WW II ended up in Newport Beach. He did well in real estate and luckier yet, did not lose it back during one of the many down cycles.

He and Mom lived full and good lives, and their kids, we four plus one foster brother, still are going strong. Our foster brother, Gary, came from a broken family and joined us at the age of 16.

At Christmas, I no longer am sure who my whole family is. Yes, I know it includes my brothers and sisters and their offspring and their offspring too. But it is more than that. My former wife lives near me in Laguna and our children navigate between us in a manner that works for all concerned. During holidays it can be tricky, but we all accommodate one another and go to the same music recitals together.

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Buyer Emerges for Neglected Modern Masterpiece

Buyer Emerges for Neglected Modern Masterpiece

The famous modernist Halliburton “Hangover” House overlooking Aliso Beach has been purchased for $2.4 million out of foreclosure by a mystery buyer, according to real estate records.   For residents living beneath the historic landmark on the shoulders of Aliso Peak, who already suffered through a recent controversial development involving major excavation, the sale triggers […]

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Musings on the Coast

Musings on the Coast

  Beyond Posh First, the disclosure:  I am a personal mess.  My clothes are of no discernable style.  My shoes are scruffy and sometimes do not match.  My hair is uncombed.  My home in Laguna is a mish-mash of styles, junk, discarded objects never thrown away, paintings that belong on some other wall, chairs with […]

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Musings on the Coast

Musings on the Coast

Beyond Posh First, the disclosure:  I am a personal mess.  My clothes are of no discernable style.  My shoes are scruffy and sometimes do not match.  My hair is uncombed.  My home in Laguna is a mish-mash of styles, junk, discarded objects never thrown away, paintings that belong on some other wall, chairs with battered […]

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The Case Against a New Land Tax

The Case Against a New Land Tax

Editor, A group of self-interested and self-serving people has now gathered enough of Laguna Beach’s registered voter’s signatures to force a vote to add another $20 million tax burden to our already heavily burdened real estate taxes.   The stated need for this $20 million special tax obligation is to buy undeveloped property to add […]