More than ever I feel lucky to have not only renters insurance but Extended Living Expenses, a little not-well known extra insurance.

Renters insurance is a MUST for anyone renting.  It will really take care of you if you happen to live like we do in a building not well maintained.  Had the flood damage our furniture, our insurance would have covered everything.  Had our living environment become unsafe, which I believe it is considering the mold growing between the moist floors and walls, our insurance would have moved us out, paid for hotel and moving expenses.

It is one expense you should NEVER live without.

On the fun side of things, looking for an apartment in the middle of August is not the best time ever.  More than ever, I am relying on my legendary luck and complete faith the Universe provides when you need.  The trick is to visualize something, not in great details so that life has enough room to create your reality.

We found some very nice places in OK parts of Long Beach but after having been spoiled living on Redondo and 2nd, it’s hard finding a place with charm and convenience.  It will happen, I know.

On the low side, rents have gone up.  It’s crazy and you now easily pay $1500 to 2900 for a 2 bedroom depending where you look.  However there are still very nice people who do not abuse the housing affordability issue problem to their advantages.

To these people, I say thank you.  We are great tenants and great tenants always look for great Landlords.

I found an interesting article on why we take so much chances on high probability games and not as much on better yielding one.  You can listen to a talk from a South By Southwest 2006 presentation by Harvard’s Daniel Gilbert on the psychology of probability estimation. This tries to explain why we are socially willing to commit nigh-infinite social resources to fighting terrorism, statistically terrorist attacks very rarely happen but we barely lift a finger to help save people from routine traffic accidents, backyard pool drowning, and asthma, which mow down our neighbors by the thousands. It explains why people buy lottery tickets. It explains a great deal about many kinds of human activity.

You can hear it here.