{"id":1238,"date":"2005-04-08T00:02:02","date_gmt":"2005-04-08T00:02:02","guid":{"rendered":"http:\/\/zmetro.com\/?p=1238"},"modified":"2005-04-08T00:02:02","modified_gmt":"2005-04-08T00:02:02","slug":"californias_hou","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=1238","title":{"rendered":"California&#8217;s Housing Boom &#8211; How long?"},"content":{"rendered":"<p><a href=\"http:\/\/www.latimes.com\/business\/la-fi-afford3apr03,0,4296610.story?coll=la-home-headlines\">David Streitfeld<\/a>:<\/p>\n<blockquote><p><i>Herron put no money down for her tidy one-bedroom, borrowing the entire purchase price of $211,000. To keep her monthly payments as low as possible, she got an adjustable-rate mortgage that won&#8217;t require her to pay any principal for three years.<br \/>\nThanks to her &#8220;interest-only&#8221; loan, the 911 police dispatcher was able to afford, barely, her first home. She now has a stake in California&#8217;s sizzling real estate market. As her home increases in value, she plans to use some of that equity to pay down her credit cards.<br \/>\n<\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>David Streitfeld: Herron put no money down for her tidy one-bedroom, borrowing the entire purchase price of $211,000. To keep her monthly payments as low as possible, she got an adjustable-rate mortgage that won&#8217;t require her to pay any principal for three years. Thanks to her &#8220;interest-only&#8221; loan, the 911 police dispatcher was able to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/1238"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1238"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/1238\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}