Restoring balance, Retreating equity
Good day for curbing workaholism, Bad day for safety in houses
GOOD DAY FOR: Curbing workaholism, after the city council of South El Monte, Calif., imposed a curfew on Mayor Blanca Figueroa, known for working late into the night. Over Figueroa’s objections, the council voted, 4-1, to ban its members—including the mayor—and city staff from using City Hall past 11 p.m. most nights. The council cited safety and liability concerns. (San Gabriel Valley Tribune)
BAD DAY FOR: Safety in houses, after the real estate website Zillow reported Monday that U.S. homes lost $1.9 trillion in value in the first three quarters of the year and are on track to shed well over $2 trillion for all of 2008. Home values nationwide had dropped 8.4 percent so far this year, compared with 2007, and the decline is highest in Stockton, Calif., which has seen a 32.3 percent plummet. In all, 11.7 million U.S. households—14.3 percent—owed more on their mortgage than their houses are worth. (Reuters)
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
![https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516-320-80.jpg)
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
'Democrats now have a chance to present a vigorous, compelling case'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
What has Kamala Harris done as vice president?
In Depth It's not uncommon for the second-in-command to struggle to prove themselves in a role largely defined by behind-the-scenes work
By Theara Coleman, The Week US Published
-
How Black organizations quickly pivoted and mobilized for Kamala Harris
In the spotlight Harris has a shot at being the first Black woman to lead the Democratic ticket
By Theara Coleman, The Week US Published