Other measurements that come from surveys of landlords show asking rents dropping in some parts of the two-county region. ), By viewing our video content, you are accepting the terms of our. Things will cool down even further the rest of the week, dipping down to 68 degrees by Friday. For BBB assistance in Los Angeles, Orange, Riverside or San Bernardino counties: Online: For information on a business or charity, look them up here. But the biggest takeaway of Kim’s diagnosis for other Orange County officials was that anyone could contract the illness. 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Here are other cost-of-living trends you should be watching …. prices are actually deflating 0.2% in 12 months. We might permanently block any user who abuses these conditions. Vehicles: New are 1.2% cheaper while used is 10.6% pricier. Some things taste normal, other things don’t.”. 10 differences between Los Angeles and Orange County. los angeles > all los angeles SF valley antelope valley central LA long beach / 562 san gabriel valley westside-southbay > community events for sale gigs housing jobs resumes services > Elsewhere in the West: Bay Area inflation was 1.1% in October. The rental market has gotten little to no monetary stimulus compared with the homebuyer/owner segment, which has seen historically low interest rates, financial support for lenders, and generous forbearance offers for those who can’t make mortgage payments. (© Copyright 2020 CBS Broadcasting Inc. All Rights Reserved. SANTA ANA (CBSLA) — Orange County Chief Executive Officer Frank Kim revealed Monday that he has tested positive for COVID-19. Just look at the small rise in October’s L.A.-O.C. GET BREAKING NEWS IN YOUR BROWSER. “Even if you’re physically healthy, you can get COVID, and it can take you many weeks to recover.”. “I know because I’m in regular meetings with him and briefings, and he has been tested regularly.”. L.A.-O.C. “People need to be aware of that as we approach the holiday season with family gatherings,” Orange County Supervisor Lisa Bartlett said. While the region’s homebuying enjoys a pandemic-era rebound, local landlords are watching their pricing power tumble to an eight-year low, according to the Consumer Price Index. Our members train through rigorous apprenticeships and bring their skills to private and public-sector projects. Fuel: Gasoline in L.A.-O.C. Food: Groceries rose 3.9% as eating out got 5.2% pricier. He said the only foods whose flavors remained unchanged were bananas and honey melon. “Things don’t taste right. He is a past national president of the Society for Advancing Business Editing and Writing and a 1979 graduate of the University of Pennsylvania's Wharton School. Although we do not pre-screen comments, we reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable to us, and to disclose any information necessary to satisfy the law, regulation, or government request. “That’s really the message,” he said. Welcome to the home of the Los Angeles and Orange County Audio Society.As a music lover, fine audio, and personal listening enthusiast, you should be a member of our time-honored audiophile Society now in its 26 th year. “He has been very careful about wearing a mask and minimizing his contact with people,” he continued. Creating good jobs and lifelong careers: The Los Angeles/Orange Counties Building and Construction Trades Council represents 48 local unions and district councils. Angry OC residents demand that COVID closures be lifted. Let us be your guide to the finest dealers and most exciting gear available in … “It’s been seven days or so, and I still don’t feel back to normal, and I’m not in a position to leave the house, and it’s very difficult,” he said. The region’s landlords, in turn, have struggled to collect rent and been forced to discount rates to keep apartments filled. That’s the slowest gain in five years and down from 3.2% a year earlier. FILE — Orange County CEO Frank Kim, seen here in a May 2015 photo, has tested positive for COVID-19. Jonathan Lansner has been the Orange County Register's business columnist since 1997 and has been part of the newspaper's coverage of the local business scene since 1986. Exits fell 5.4% last year in first drop since 2011, California auditor slams state for housing crunch, wasted bonds, U.S. housing market expansion to continue in 2021, Realtor economist forecasts, HOA Homefront: How to embrace the open forum. Kim said he experienced an occasional loss of taste and smell and still becomes feverish unexpectedly. Shelter’s burden: Housing eats up the biggest share of local household budgets. “How could I have COVID, because I had a negative test [on Nov. 6].”. The U.S. Bureau of Labor Statistics’ CPI has a slow-moving rent index that tracks rental costs by polling consumers. Mike Trout launches a two-run … Photo: Parker Knight and Luca Sartoni. What California exodus? Max Stassi discusses the different hats involved with being a catcher and what his offseason plans will look like. Mike Trout's 300th career HR. Consider how small overall local inflation is — rising at only a 0.7% annual pace in October. Paige Smith. “He has been tested many times. Max Stassi on rewards of catching. “The good news is, number one, we were following and responding quickly and the contact tracers were able to contact and test everyone, so that part of it is working,” Kim said. rent CPI, an index that averaged 5.5% gains in 2019 and 4.6% in 2015-2018. FILE — Orange … Pandemic cuts Los Angeles-Orange counties rent…, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Deputies leaving Pierce, Valley and Mission colleges, Pandemic cuts Los Angeles-Orange counties rent hikes to 8-year low, Are you a real estate fan? Kim said he was reluctant to share his diagnosis because he did not want to become the focus of the news as the county grapples with increasing case rates and hospitalizations, but felt it was important to let people know the risk of contracting COVID-19. The cost of renting in Los Angeles and Orange counties rose at a 1.8% annual rate in October — smallest gain since 2012 and just one-third of the 5.7% hikes seen a year earlier. 1. “When you have COVID, you don’t have an appetite,” he said. “The unfortunate thing is even if you’re working with a very small stable cohort of employees … it’s not a guarantee you’re not going to transmit it.”. A review of what’s important for housing around the region! Then sign up for. Email: The big picture: The local 0.7% overall inflation rate vs. 1.2% across the nation and in Western states. The cost of renting in Los Angeles and Orange counties rose at a 1.8% annual rate in October — the smallest gain since 2012 and just one-third of the 5.7% hikes seen a year earlier. “Lemon jelly beans have no particular flavor,” he said. Landlords aren’t alone as many merchants also can’t raise their prices much either. — Los Angeles Angels (@Angels) November 4, 2020. 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Culture Guides Los Angeles, CA, United States California, United States. Inland: 1.7% for September — the latest bi-monthly reading of overall inflation for Riverside and San Bernardino counties. Today, the local rental market looks more like the economically soft 2009-14 period when local rents rose on average just 1.7% annually. That staffer later tested positive for coronavirus. Los Angeles Orange County Inland Empire Ventura County California U.S. & World Live Video Politics Investigations Consumer Health & Food #ABC7Eyewitness … We invite you to use our commenting platform to engage in insightful conversations about issues in our community. Business restrictions designed to stem the spread of coronavirus have slowed the broad economy. Kim told City News Service that he was “startled” by the Nov. 10 diagnosis, because he had just gotten a negative test result and has been extremely careful throughout the pandemic. Kim said he became symptomatic on Nov. 7, including some body aches, and took another test on Nov. 9. “Vegetables don’t taste like anything.”. Seattle had 2.1% and 0.7% for Phoenix. (Photo by Mindy Schauer/Digital First Media/Orange County Register via Getty Images). “I thought it was the flu,” he said. Los Angeles and Orange counties in July had the highest unemployment rate among the nation’s largest metropolitan areas as stiff pandemic limitations throttled businesses. cost 24.4% less in the last 12 months, by CPI math. Big-ticket items: The cost of “durable goods” (such as appliances and furniture) was 0.6% lower. Or, contact our editors by emailing email@example.com. A county contract tracer suspects he was infected after meeting with a staffer Nov. 5, according to Kim. If you see comments that you find offensive, please use the “Flag as Inappropriate” feature by hovering over the right side of the post, and pulling down on the arrow that appears. To file a complaint, fill out this form. Dec 17, 2016. Los Angeles and Orange counties can expect sunny skies with a high of 76 degrees. SANTA ANA (CBSLA) — Orange County Chief Executive Officer Frank Kim revealed Monday that he has tested positive for COVID-19. More than a week into the illness, Kim said he still experiences symptoms. (Kent Nishimura / Los Angeles Times) Pro golfers warm up under orange skies on the driving range during the preview day of the Safeway Open at Silverado Country Club in Napa on Wednesday. inflation averaged 3.1% in 2019 and 2.3% in 2015-2018 and 1.3% in 2009-14. City News Service contributed to this report. Minus shelter costs, L.A.-O.C. But despite all the precautions he has COVID-19. ©2020 CBS Broadcasting Inc. All Rights Reserved. “I don’t know of anyone who is more vigilant in protecting himself,” OC Board of Supervisors Vice Chairman Andrew Do said. Household energy costs 9.6% more. Residents who were angry about Orange County's coronavirus restrictions spoke out at a Board of Supervisors meeting after the county reverted back into the most restrictive purple tier. CLICK HERE TO TURN ON NOTIFICATIONS.
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