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Homeowners in San Francisco looking to sell in the troubled city are a whopping four times more likely than the average US home seller to take a loss, according to real estate brokerage Redfin.

Residents looking to get out of the city — where a once-trendy downtown area has descended into a drug-addled hellscape, and historic hotels have been converted into roach-infested “Single-Room Occupancy” housing for vagrants — can expect to sell their San Francisco abode for $100,000 less than they bought it for.

Roughly 12.3% — or one in eight — of the homes sold in the Bay Area during the three months ended July 31 was purchased for less than the seller bought it for, Redfin found.

The figure is a 5% increase from the same period a year ago, is higher than any other major US metropolis and a staggering four times the 3% national rate of homeowners who take a loss when selling their homes, according to the real estate firm.

Detroit is home to the second-highest share of homeowners who take a loss in their home-selling transactions, at 6.9%, followed by Chicago and New York, where 6.5% and 5.9% of homeowners take a loss in selling their homes, respectively.

Though the share of New York homeowners who reported a loss was half that in San Francisco, the cities were tied for the largest median loss in dollars, at $100,000, Redfin found in a separate analysis.

Thus, it’s not a surprise that San Francisco, Detroit, Chicago and New York all rank among the top 10 cities Redfin found residents want to move out of.

San Francisco ranks No. 1, New York No. 2, Chicago No. 5 and Detroit No. 9, according to Redfin.

Across the US, the average homeowner who didn’t profit off of selling their home lost $35,538, according to Redfin, which analyzed Multiple Listing Service data across the top 50 US cities of homes that were owned by the same party for at least nine months before the sale.

States where homeowners were least likely to sell at a loss: San Diego, Boston, Providence, R.I., Kansas City, Mo., and Fort Lauderdale, Fla.

In each of these cities, only about 1% of homes sold for less than the seller originally paid, Redfin reported.

Redfin attributed San Francisco’s unfortunate housing stats to a sharp decline in home prices triggered by high mortgage rates, which climbed to their highest level since 2001 last month.

As of April, the city’s median home price was down over 13% year over year — triple the nationwide slowdown of 4.2% — swiping a whopping $60 billion in the total value of homes since last year.

In addition, home prices in the Bay Area fell because the metro area was hit hard by mass layoffs in the tech sector, Redfin said.

Major tech firms based in San Francisco like Apple, Google, Meta and Salesforce all conducted rounds of layoffs within the past year.

In one of the largest layoffs San Francisco saw in recent months, Meta sacked 21,000 employees as part of Mark Zuckerberg’s so-called “year of efficiency.”

Salesforce also axed some 7,000 staffers — 10% of its workforce — at the beginning of this year after rapid pandemic-era hiring left the company with “too many people” amid an economic slowdown.

And late last year, Elon Musk infamously slashed his staff at Twitter, now known as X, in half, handing nearly 4,000 workers pink slips.

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Sean ‘Diddy’ Combs sentenced to more than four years in prison

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Sean 'Diddy' Combs sentenced to more than four years in prison

Sean “Diddy” Combs has been sentenced to more than four years in prison over prostitution charges relating to his former girlfriends and male sex workers.

Judge Arun Subramanian handed down his 50-month sentence – including a $500,000 fine – at the end of a long and emotional full-day hearing, which saw the hip-hop mogul speak out for the first time in court.

Combs, 55, admitted his past behaviour was “disgusting, shameful and sick”, and apologised personally to Cassie Ventura and “Jane”, another former girlfriend who testified anonymously during the trial.

Sean Diddy Combs broke down and cried at one point during the sentencing hearing. Pic: AP/ Elizabeth Williams
Image:
Sean Diddy Combs broke down and cried at one point during the sentencing hearing. Pic: AP/ Elizabeth Williams

But despite his plea for “mercy” and expressions of remorse, the judge told him he had abused his “power and control” with women he professed to love – and rejected the defence’s characterisation that “freak off” sexual encounters were consensual experiences, that his was just a “sex, drugs and rock’n’roll story”.

Addressing Cassie and “the other brave survivors who came forward”, the judge said. “We heard you… I can only say your families are proud of you and your children will be proud of you.

“You weren’t just talking to the jury you were talking to the women who feel powerless – you gave them a voice, you stood up to power, it’s not easy.”

Combs showed no visible change of emotion as his sentence was delivered, looking straight ahead as the judge spoke. Afterwards, he seemed subdued – with no sign of the enthusiasm or feeling showed earlier in the day.

Six of Combs's children, including Chance, right, and twins Jessie and D'Lila Star, addressed the judge in support of their father. Pic: AP/Richard Drew
Image:
Six of Combs’s children, including Chance, right, and twins Jessie and D’Lila Star, addressed the judge in support of their father. Pic: AP/Richard Drew

Ahead of his own speech, the court heard from six of his seven children – causing the rapper to break down in tears as they spoke about how much they loved him, how he has changed, and how much they and their younger two-year-old sister need him.

The sentencing brings to an end a sordid case that featured harrowing testimony – not just from Cassie and Jane, but also from former employees and associates of Combs.

He was convicted in July of flying people around the US and abroad for sexual encounters, including his then girlfriends and male sex workers, in violation of prostitution laws.

However, he was cleared of more serious charges of racketeering conspiracy and sex-trafficking that could have put him in jail for life.

‘I hate myself right now’

Diddy cried as his children read impact statements. Pic: Reuters/Jane Rosenberg
Image:
Diddy cried as his children read impact statements. Pic: Reuters/Jane Rosenberg

On the eve of his sentencing, Combs submitted a letter to the judge pleading for “mercy” and apologising for the “hurt and pain” he has caused others.

He expanded on this in court, saying he wanted to “personally apologise” to Cassie for “any harm” he caused her “emotionally or physically”, and to Jane – and all victims of domestic violence.

He told the court he got “lost in my excess and lost in my ego”, but since his time in prison he has been “humbled and broken to my core”.

Combs continued: “I hate myself right now… I am truly sorry for it all.”

Read more:
The rise and fall of Diddy
Diddy sentencing: As it happened

Janice Combs supported her son in court. Pic: AP Photo/Eduardo Munoz Alvarez
Image:
Janice Combs supported her son in court. Pic: AP Photo/Eduardo Munoz Alvarez

Once one of the most influential hip-hop producers of the 1990s and 2000s – the founder of Bad Boy Records and a Grammy-winning artist in his own right – he has led a very different life since his high-profile arrest.

He was facing a maximum of 20 years in prison for the prostitution-related charges, so the sentence is towards the lower end of the scale.

Prosecutors had argued he should spend at least 11 years behind bars, while Combs’s lawyers were calling for him to be freed almost immediately due to time already served since his arrest just over a year ago.

Christy Slavik, for the prosecution, told the judge sparing the rapper serious prison time would excuse years of violence.

‘Make the most of that second chance’

Judge Arun Subramanian told Combs he will still have a life after prison if he takes his second chance. Pic: Elizabeth Williams via AP
Image:
Judge Arun Subramanian told Combs he will still have a life after prison if he takes his second chance. Pic: Elizabeth Williams via AP

The judge, who had rejected bail for the rapper several times before sentencing, told him that he would get through his time in prison. It will be hard, he said, but he will still “have a life afterwards”.

Combs has “a chance for renewal and redemption”, he added. “What went wrong can be made right… I am counting on you to make the most of that second chance.”

Outside the courthouse, journalists and onlookers swarmed the pavements as TV crews stood in a long row across the street, echoing scenes from the two-month high-profile trial.

It included four days of testimony from Cassie, now Cassie Ventura Fine, who told the court she was coerced and sometimes blackmailed into sexual encounters with male sex workers, referred to as “freak offs”.

Cassie responds

Diddy and Cassie at the premiere for a film she starred in, just days after the 2016 hotel incident. Pic: zz/Galaxy/STAR MAX/IPx/ AP
Image:
Diddy and Cassie at the premiere for a film she starred in, just days after the 2016 hotel incident. Pic: zz/Galaxy/STAR MAX/IPx/ AP

Jurors were also shown video clips of Combs dragging and beating her in a Los Angeles hotel hallway after one of those sessions in 2016.

Combs referred to this in court, saying it was a “heavy burden” that he will forever carry, and that he was “sick from drugs” and “out of control” at the time, “lost in my excess and lost in my ego”.

Ahead of the sentencing, Cassie also submitted a letter to the judge, calling Combs a “manipulator” and saying she would fear for her safety should he be immediately released.

Responding to the sentence, her lawyers Douglas Wigdor and Meredith Firetog (Wigdor LLP), said: “While nothing can undo the trauma caused by Combs, the sentence imposed today recognises the impact of the serious offences he committed.

“We are confident that with the support of her family and friends, Ms Ventura will continue healing knowing that her bravery and fortitude have been an inspiration to so many.”

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Sean ‘Diddy’ Combs sentenced to more than four years in prison

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Sean 'Diddy' Combs sentenced to more than four years in prison

Sean “Diddy” Combs has been sentenced to more than four years in prison over prostitution charges relating to his former girlfriends and male sex workers.

Judge Arun Subramanian handed down his 50-month sentence – including a $500,000 fine – at the end of a long and emotional full-day hearing, which saw the hip-hop mogul speak out for the first time in court.

Combs, 55, admitted his past behaviour was “disgusting, shameful and sick”, and apologised personally to Cassie Ventura and “Jane”, another former girlfriend who testified anonymously during the trial.

Sean Diddy Combs broke down and cried at one point during the sentencing hearing. Pic: AP/ Elizabeth Williams
Image:
Sean Diddy Combs broke down and cried at one point during the sentencing hearing. Pic: AP/ Elizabeth Williams

But despite his plea for “mercy” and expressions of remorse, the judge told him he had abused his “power and control” with women he professed to love – and rejected the defence’s characterisation that “freak off” sexual encounters were consensual experiences, that his was just a “sex, drugs and rock’n’roll story”.

Addressing Cassie and “the other brave survivors who came forward”, the judge said. “We heard you… I can only say your families are proud of you and your children will be proud of you.

“You weren’t just talking to the jury you were talking to the women who feel powerless – you gave them a voice, you stood up to power, it’s not easy.”

Combs showed no visible change of emotion as his sentence was delivered, looking straight ahead as the judge spoke. Afterwards, he seemed subdued – with no sign of the enthusiasm or feeling showed earlier in the day.

Six of Combs's children, including Chance, right, and twins Jessie and D'Lila Star, addressed the judge in support of their father. Pic: AP/Richard Drew
Image:
Six of Combs’s children, including Chance, right, and twins Jessie and D’Lila Star, addressed the judge in support of their father. Pic: AP/Richard Drew

Ahead of his own speech, the court heard from six of his seven children – causing the rapper to break down in tears as they spoke about how much they loved him, how he has changed, and how much they and their younger two-year-old sister need him.

The sentencing brings to an end a sordid case that featured harrowing testimony – not just from Cassie and Jane, but also from former employees and associates of Combs.

He was convicted in July of flying people around the US and abroad for sexual encounters, including his then girlfriends and male sex workers, in violation of prostitution laws.

However, he was cleared of more serious charges of racketeering conspiracy and sex-trafficking that could have put him in jail for life.

‘I hate myself right now’

Diddy cried as his children read impact statements. Pic: Reuters/Jane Rosenberg
Image:
Diddy cried as his children read impact statements. Pic: Reuters/Jane Rosenberg

On the eve of his sentencing, Combs submitted a letter to the judge pleading for “mercy” and apologising for the “hurt and pain” he has caused others.

He expanded on this in court, saying he wanted to “personally apologise” to Cassie for “any harm” he caused her “emotionally or physically”, and to Jane – and all victims of domestic violence.

He told the court he got “lost in my excess and lost in my ego”, but since his time in prison he has been “humbled and broken to my core”.

Combs continued: “I hate myself right now… I am truly sorry for it all.”

Read more:
The rise and fall of Diddy
Diddy sentencing: As it happened

Janice Combs supported her son in court. Pic: AP Photo/Eduardo Munoz Alvarez
Image:
Janice Combs supported her son in court. Pic: AP Photo/Eduardo Munoz Alvarez

Once one of the most influential hip-hop producers of the 1990s and 2000s – the founder of Bad Boy Records and a Grammy-winning artist in his own right – he has led a very different life since his high-profile arrest.

He was facing a maximum of 20 years in prison for the prostitution-related charges, so the sentence is towards the lower end of the scale.

Prosecutors had argued he should spend at least 11 years behind bars, while Combs’s lawyers were calling for him to be freed almost immediately due to time already served since his arrest just over a year ago.

Christy Slavik, for the prosecution, told the judge sparing the rapper serious prison time would excuse years of violence.

‘Make the most of that second chance’

Judge Arun Subramanian told Combs he will still have a life after prison if he takes his second chance. Pic: Elizabeth Williams via AP
Image:
Judge Arun Subramanian told Combs he will still have a life after prison if he takes his second chance. Pic: Elizabeth Williams via AP

The judge, who had rejected bail for the rapper several times before sentencing, told him that he would get through his time in prison. It will be hard, he said, but he will still “have a life afterwards”.

Combs has “a chance for renewal and redemption”, he added. “What went wrong can be made right… I am counting on you to make the most of that second chance.”

Outside the courthouse, journalists and onlookers swarmed the pavements as TV crews stood in a long row across the street, echoing scenes from the two-month high-profile trial.

It included four days of testimony from Cassie, now Cassie Ventura Fine, who told the court she was coerced and sometimes blackmailed into sexual encounters with male sex workers, referred to as “freak offs”.

Cassie responds

Diddy and Cassie at the premiere for a film she starred in, just days after the 2016 hotel incident. Pic: zz/Galaxy/STAR MAX/IPx/ AP
Image:
Diddy and Cassie at the premiere for a film she starred in, just days after the 2016 hotel incident. Pic: zz/Galaxy/STAR MAX/IPx/ AP

Jurors were also shown video clips of Combs dragging and beating her in a Los Angeles hotel hallway after one of those sessions in 2016.

Combs referred to this in court, saying it was a “heavy burden” that he will forever carry, and that he was “sick from drugs” and “out of control” at the time, “lost in my excess and lost in my ego”.

Ahead of the sentencing, Cassie also submitted a letter to the judge, calling Combs a “manipulator” and saying she would fear for her safety should he be immediately released.

Responding to the sentence, her lawyers Douglas Wigdor and Meredith Firetog (Wigdor LLP), said: “While nothing can undo the trauma caused by Combs, the sentence imposed today recognises the impact of the serious offences he committed.

“We are confident that with the support of her family and friends, Ms Ventura will continue healing knowing that her bravery and fortitude have been an inspiration to so many.”

Continue Reading

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Balin Miller, renowned Alaskan climber, dies after falling at Yosemite National Park while livestreaming

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Balin Miller, renowned Alaskan climber, dies after falling at Yosemite National Park while livestreaming

An Alaskan climber fell to his death from Yosemite National Park’s El Capitan while livestreaming on TikTok.

Balin Miller, 23, died in a climbing accident on Wednesday, his mother Jeanine Girard-Moorman confirmed in a statement.

“He’s been climbing since he was a young boy,” she said. “His heart and soul was truly to just climb.

“He loved to climb and it was never about money and fame.”

While details of the incident are not clear, Balin’s brother Dylan Miller said that he was lead rope soloing – a way to climb alone while still protected by a rope – on a 2,400ft (730m) route named Sea of Dreams.

He had already finished the climb and was hauling up his last bit of gear when he likely rappelled off the end of his rope, the older brother said.

“He said he felt most alive when he was climbing,” Dylan added. “I’m his bigger brother but he was my mentor.”

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Balin Miller climbing the route Croc’s Nose at Crocodile Rock in Hyalite Canyon. Pic: Dylan Miller/AP
Image:
Balin Miller climbing the route Croc’s Nose at Crocodile Rock in Hyalite Canyon. Pic: Dylan Miller/AP

Many posted tributes to the Alaskan climber on social media, saying they had watched him climb on a TikTok livestream and calling him “orange tent guy” because of his distinctive camp setup.

On Facebook, Michelle Derrick said Balin was livestreaming during the fatal incident, and he was attempting to retrieve his bags that were stuck on a rock when he fell.

Another climber, Tom Evans, also posted he was climbing at El Capitan at the time, and saw a man rappel off his lead line.

“He was a young man,” Mr Evans added, “highly regarded among the best climbers here.”

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Balin was an accomplished alpinist who gained international attention for claiming the first solo ascent of Mount McKinley’s Slovak Direct.

He posted photos of his ascent up the technically difficult route that took him 56 hours to complete on his Instagram in June.

It marks the third death at the national park in California this year: In June, an 18-year-old from Texas died in the park while free-soloing, or climbing without a rope, on a different formation.

In August, a 29-year-old woman died after being struck in the head by a large tree branch while hiking.

Balin’s death also came on the first day of the US government shutdown, which leaves national parks “generally” open but with limited operations and closed visitor centres.

The National Park Service said in a statement that they are investigating the incident and “park rangers and emergency personnel responded immediately”.

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