This weekend I moved my daughter back down to Orange County for school. She and a roommate are renting an apartment. How has the economy changed? We got a nicer apartment for $200 a month LESS. Plus $500 off the security deposit.
Her apartment is near UC Irvine, where management professor Robert Mancuso sent me a note this morning about a "telling statistic that reveals how absent the consumer is from the economic mix."
Mancuso sent me two pictures he snapped Monday evening at the expensive new parking garage at Fashion Island, a high-end shopping mall in Newport Beach.