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Real Estate

“Home prices rose 2.4 times faster than inflation since 1960s, study finds…”

“While inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found…. In reality, the cost of a typical house in the U.S. is closer to half a million dollars. The median… Continue Reading…

Economy

“…Americans just dove into credit card debt faster than they have in 22 years”

“Americans’ credit card balances spiked $52 billion in the last three months of 2021. Inflation is partially responsible, raising the cost of food and gas. Americans have been swiping their credit cards at record speed in the last few months,… Continue Reading…

Economy, Real Estate

“Home prices are now rising much faster than incomes, studies show”

“…In the last decade, the median home price rose roughly 30% and incomes crept up just 11% over the same time period, according to a Bankrate analysis of data from the National Association of Home Builders/Wells Fargo Housing Opportunity Index. Over 50… Continue Reading…

Economy

“Why The Global Economy Is Recovering Faster Than Expected”

“…In the spring, previously unimaginable shutdowns pushed economic activity to unimaginable lows…. While the stronger-than-expected recovery aligns with the business experience of many leaders we speak with, they still wonder what drove the gap between expectations and reality…” https://hbr.org/2020/11/why-the-global-economy-is-recovering-faster-than-expected Listen,… Continue Reading…