National / International News

Shocker: Rent is very, very high

Marketplace - American Public Media - Fri, 2014-08-22 04:35

The rent’s too damn high. You hear that from Los Angeles to New York.  A new report from the real estate website Zillow says the median rent in July for a condo, single family home or co-op was $1,318 per month.

Part of the problem?

“Rents really never had that reset that we saw in home values,” says Svenja Gudell, a housing economist at Zillow.  Demand increased after the housing bubble burst, she says, because many people lost their homes to foreclosure and had to rent.  

That increased demand has pushed rents up 2 to 5 percent a year, Gudell says, “and incomes haven’t kept up with that growth.”

Zillow says if you compare the national median gross income and median rent, people signing a lease in June paid almost a third of their income to their landlords.

In some places, it’s worse.

“Right now we have over 900,000 very low income households in Florida that are all paying more than half of their income for housing,” says Jaimie Ross, president of the Florida Housing Coalition.  

Ross says they’re just one step away from homelessness.

Cities with the most unaffordable rent

Map created using data from Zillow research, showing U.S. cities with the highest share of income needed to afford median rent prices. (Graphic by Shea Huffman/Marketplace)

The backlash against banter

BBC - Fri, 2014-08-22 04:33
Why 'banter' is experiencing a backlash

Council leader facing challenge

BBC - Fri, 2014-08-22 04:30
The leader of Swansea council has been told to expect a challenge to his leadership after sacking two cabinet members in a reshuffle.

Irishman did not have Ebola virus

BBC - Fri, 2014-08-22 04:25
An Irishman who died after recently returning from Sierra Leone did not have the Ebola virus, health authorities confirm.

Four white lion cubs born in Germany

BBC - Fri, 2014-08-22 04:23
Four rare white lion cubs - three males and one female - are born at a circus on tour in eastern Germany.

Rapid 'doctor's assistant' expansion

BBC - Fri, 2014-08-22 04:14
The NHS is to rapidly expand the number of physician associates, who take histories of patients, examine them and make simple diagnoses.

Cardiff Airport chief to stand down

BBC - Fri, 2014-08-22 04:05
Cardiff Airport chief executive Jon Horne will stand down from the role on 1 September, it has been announced.

Political ads keep community papers afloat

Marketplace - American Public Media - Fri, 2014-08-22 03:57

For years now, newspapers and magazines have been dealing with a decline in advertising, including a drop in political advertising. There is an exception to that, however. Candidates still see value in periodicals that serve specific communities, including Spanish speakers and African-Americans.

“I think that many campaigns consider these as relatively inexpensive ways of reaching people that they may not be able to reach otherwise,” says Felipe Korzenny, who heads the Center for Hispanic Marketing Communication at Florida State University.

That makes these newspapers popular with local candidates, and no-brainers for national candidates who get a lot of bang for their buck.

“Newspaper advertising budgets are a rounding era in campaign budgets,” says Ken Goldstein, an expert on election ads at the University of San Francisco. Still, many newspapers are not eager to leave any money on the table, and they play up their ability to help advertisers target specific segments of the population.

“In some ways, newspapers were the Internet before the Internet was the Internet,” Goldstein says. In a way, micro-targeting, which is in vogue right now, started with these smaller print publications.

Chicago Defender publisher Cheryl Mainor is the first woman to run the paper in its 109-year history. The Defender, she says, continues to have a loyal readership among African-Americans in Chicago and around the country.

“We have been able to stand where others who are more generalized have fallen,” Mainor says.

The newspaper has covered and engaged with local politics from the very beginning. It was founded during the Great Migration, and Mainor says she expects there will be “a significant amount of political advertising” ahead of city elections in the spring. Aldermen see the paper as a way to reach their constituents, and state and national politicians know it is a way to reach specific voters — something that is hard to do with TV ads.

“When you place an ad in the publication that they read, that they trust, that they respect, and you’re asking them for their vote, now you’re actually talking to them,” Mainor says.

According to media analyst Ken Doctor, with Newsonomics, papers like the Defender are attractive for another reason. Campaigns spend a lot of time going after undecided voters, “but that voter who has made up his or her mind, but is not yet sure they are going to the polls, is equally important — mathematically equally important.”

And part of mission of the Chicago Defender has been, and continues to be, to get its readers to vote.

U.S. Prisoner Swap For Bergdahl Broke The Law, GAO Says

NPR News - Fri, 2014-08-22 03:49

The Pentagon didn't give enough notice to Congress and misused nearly $1 million when it swapped Army Sgt. Bowe Bergdahl for five Taliban leaders, the Government Accountability Office says.

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Clashes after Hull City European tie

BBC - Fri, 2014-08-22 03:35
Three Hull City fans are arrested following clashes before and after their side's Europa League tie against KSC Lokeren in Belgium.

VIDEO: Ecclestone 'not scared of anything'

BBC - Fri, 2014-08-22 03:31
F1 boss Bernie Ecclestone tells the BBC's Dan Roan he wants to run Formula 1 for as long as he can after paying £60m to end his three-month bribery trial.

VIDEO: Apology over 'banter' statement

BBC - Fri, 2014-08-22 03:30
The League Managers' Association has apologised after describing offensive text messages sent by Malky Mackay as "friendly banter".

Man jailed for filming in cinema

BBC - Fri, 2014-08-22 03:19
A man has been jailed for 33 months after recording Fast And Furious 6 from the back of a cinema in the West Midlands town of Walsall.

Rain hampers Japan landslide rescue

BBC - Fri, 2014-08-22 03:05
Heavy rain hampers rescue operations in Japan's Hiroshima prefecture where a landslide killed at least 39 people, with 51 still missing.

Radicalisation 'failure' by leaders

BBC - Fri, 2014-08-22 02:57
Successive UK governments and imams in Britain are to blame for the radicalisation of Muslims says former Foreign Office minister Kim Howells.

Ecclestone to continue in F1 role

BBC - Fri, 2014-08-22 02:47
Bernie Ecclestone tells the BBC he wants to run Formula 1 for as long as he can after paying £60m to end a bribery trial.

West Brom complete Samaras deal

BBC - Fri, 2014-08-22 02:46
West Bromwich Albion make former Celtic striker Giorgios Samaras their ninth summer signing on a free transfer.

Iraqi Christians welcomed in France

BBC - Fri, 2014-08-22 02:38
France welcomes about 40 Iraqi Christian refugees flown to Paris from Irbil in Iraqi Kurdistan after fleeing Islamist fighters.

Co-op Bank reports loss of £75.8m

BBC - Fri, 2014-08-22 02:33
The troubled Co-operative Bank cuts its pre-tax losses in the first half of the year, and cuts staff numbers by 13%.
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