• Realtors association bans “pocket listings”. The National Association of Realtors board of directors voted 729-70 to ban the controversial practice of “pocket listings.” It’s a practice that was surging in competitive markets such as New York,
  • Airbnb CEO pledges to verify all 7 million listings. Airbnb announced several measures to bolster trust and protect the safety of its users better. The news followed the deaths of five people after a shooting at an “Airbnb mansion party” in California
  • The 100-year family. Research shows that one of the most important differences between those who maintain their wealth and those who don’t is communication.
  • PG&E will credit customers subject to Oct. 9 blackouts. Bowing to pressure from Gov. Gavin Newsom, Pacific Gas and Electric Co. will provide some form of compensation to people affected by widely criticized mass power outages the utility implemented earlier this month. Bill Johnson,
  • Consumer Action INSIDER - November 2019. The November 2019 issue of the Consumer Action INSIDER announces JPMorgan Chase's funding of Consumer Action's innovative new fintech initiative to help underserved consumers reach their financial goals; gives an overview of our National Consumer Empowerment Conference, held in September outside of Chicago (featuring a presentation from CFPB Director Kathy Kraninger); informs readers of what action to take when they believe they're being scammed by a contractor operating on "behalf of" the federal/state Weatherization Assistance Program; updates readers on the Consumer Financial Protection Bureau's work; and more.


  • Facebook commits $1 billion to affordable housing. Facebook announced it is committing $1 billion to help address the affordable housing crisis in California.  The social media site’s investment will help create up to 20,000 new housing units to help essential workers
  • Supreme Court will hear challenge to Consumer Bureau. The Supreme Court announced late last week that it will hear a case challenging the constitutionality of the Consumer Financial Protection Bureau, a regulatory agency established in the wake of the 2008 financial crisis.
  • Age-proofing a home doesn’t come cheap. "Aging in place" is a major financial commitment, one that may be at odds with retirees’ plans to downsize their lives and budgets and squirrel away cash in anticipation of rising health-care
  • Zombie debts are hounding struggling Americans. Tens of thousands of people have received demands to repay alleged overpayments of government benefits – often decades old – plunging them into a Kafkaesque struggle against a faceless bureaucracy.
  • Why are people sleeping in stacked pods?. Space-maximizing pod housing makes up a tiny part of the city’s overall housing mix, but it quietly is popping up in neighborhoods all around Los Angeles (and other big cities) right now. In

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