You go into the hills. Youre going to see a lot of cab drivers and private citizens going into the hills or clogging some of the chinatown streets to get to north beach or to find parking in north beach, or people to be dropped off in north beach. So, i think you have to deal with youre forgetting that these small the difference between union square and north beach is that union square closes by 9 oclock at night. Its dead. And you want to go out to eat after a movie, after a concert, you go to chinatown outside chinatown and north beach, its not going to happen and people are going to go out of business. Thank you. Next speaker. Roland salvato, denise dan, John Bollinger and [speaker not understood]. Good afternoon. Hi, roland salvato. Thanks, directors. Some mistakes are very expensive, and im afraid thats whats going to culminate here because there are and there have been a few mistakes beginning with things that are obvious in the documents that have been circulated. So, for exampl
real money. The bad news, homes are becoming less affordable. I want to talk to you about Home Affordability. The most important factor in the equation is your income. The next is the actual price of the home. The mortgage, not just the rate but how much it is going to be. You figure that out by calculating what percentage of your income will go to your mortgage payment on a monthly basis. The National Association of realtors take all those factors into account in its monthly Home Affordability index. This is the way its look like in the last year. It shows nationwide, affordability has come down from last august to this august. That means more americans who have good credit, 20 down who qualify for a 30 year fixed Rate Mortgage cant afford to buy a home where they live. The obvious culprits are rising home prices and higher Mortgage Rates. Now not all markets are the same. Real estate is always local and trulia a real estate Mortgage Firm has crunched numbers for 99 markets across the
Act before the end of the year. One person is in custody after a shooting at a National Guard armory north of memphis, tennessee, who people are shot and are recovering tonight. The gunman was subdued by other soldiers. The fire chief said the victims and the suspect all work for National Guard. Pirates are holding the american captain of a ship, 11 other crew members are released, the nigh jeerans are searching for remaining crew members. Thats it for al jazeera, real money with ali velshi is next on al jazeera america. Theyve got good credit and an up or down payment. Why cant the majority of americans cant buy a home. And Social Security is it there for you to retire . And twitter goes on sale by as early as november 7th but does it have the right game plan . Im ali velshi and this is real money. This is real money. You are the most important part of the show so join our live conversation with the next half hour, use the real money. The bad news, homes are becoming less affordable.
We have written a joint letter that id like to read to you today in support of option 4. The Chinatown Community Development Center is a proud longtime supporter of the central subway. With the north beach business association, we endorse the concept of an extension to north beach and Fishermans Wharf. We support director reiskins proposal to study extraction of the tunnel Boring Machine at the pagoda theater with an alternative of behring the tbm under columbus avenue. We also support the mtas efforts to plan for a station at the pagoda theater and additional stations to and from Fishermans Wharf. This will create a northsouth connection that serves the eastern edge of San Francisco, connecting important neighborhoods and communities. The north beach business association, we have over 80 members in north beach would like to add a few more comments, which is, we would like to see the excavation in a new station at pagoda palace, but we want to make it clear that we do not support this
To take the equipment out of the center of columbus occur. I would like to endorse what mr. Reiskin, the director of the mta suggested was the possibility at the beginning of todays meeting. That is that you accept the return here if option 4 and option 3 are not possible, that they would ask the mta to come back here to the board with or without Public Comment but certainly just to listen for all of us in public to know why option 4 and option 3 are not possible. And i commend mr. Reiskin and director [speaker not understood] for listening for the first time to the community. I think theyve done an excellent job in trying to find out what it is that the businesses are so concerned about. I think that i can say if we cant go to the pagoda palace or choose option 3 instead, we would certainly withdraw this lawsuit. Ive met privately with the mayor about that and we confirmed that in writing to him and to christine [speaker not understood], that we are not trying to stop the subway at al