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Steve Fraioli, president of the San Diego Association of Realtors, told 10News, “Our children can’t afford to live here anymore. They’re going to school, coming out of school and they can’t afford to buy a home. This is maybe one way parents can keep their children local and keep children in California, where they want them to be.” 333
Some experts said this isn't a time panic.The pullback -- particularly for tech stocks -- is needed, argued Joe Heider, president of Cirrus Wealth Management."The selloff is healthy," Heider said. "Since the market bottomed in March 2009, it's been more than 10 years of growth stocks leading the way non-stop."Investors were "selling first and asking questions later," said John Augustine, chief investment officer with Huntington Private Bank.Augustine added that with earnings due out from big banks JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC) on Friday morning, investors will look for new market sectors to take the lead from tech stocks. In theory, banks should do better if the Fed keeps raising interest rates and bond yields climb higher since it will make their loans more profitable.And Geoff Alexander, the president of R. M. Davis, a wealth management firm, said he wasn't getting too nervous about Wednesday's market madness either.As long as earnings and the US economy are continuing to grow, this market pullback will wind up being a healthy dip Alexander said. The relative lack of volatility was a bit troubling. This slide was long overdue."We've scratched our heads about the rise in stocks for the past 18 months. But this nothing to be overly concerned about," Alexander said. 1313

spreads, so too do the crimes related to it — transgressions that capitalize on fear, panic and the urge to lay blame, and add to the burden on law enforcement agencies trying to protect vulnerable citizens.“It is really disheartening in a time like this that someone would take advantage of the community and take them in a time of need,” Tucson, Arizona, Police Sgt. Pete Dugan said.Everyday life has essentially stopped in many countries in a bid to slow the virus, and some crimes have been declining. But reports of virus-related fraud are on the rise, along with concerns about hate crimes.MORE ON THE PANDEMIC: 617
Starting Wednesday, Dec. 26, the airport’s Pacific Highway Economy Lot -- on Pacific Highway at Washington St. -- will be closed to the public for an unknown duration. 167
The 31-year-old grew up in Rodeo, California after her parents emigrated from the West Bank in 1985, according to The New York Times. She told the Times that she met Mateen on a dating site in 2011 and the couple married later that year. 237
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