Home ownership by age group
Home ownership by age group has remained remarkably constant over decades, contrary to some recent media memes.
Demographics: Population collapse coming to America?
The U.S. population may shrink, slightly in 2025, the first time that has ever happened.
Economy: Credit card 90+ day delinquencies
This does not look good - suggests recession is near.
Economy: Trends in net worth
The largest change is in the net worth of the top 1% and then the top 0.1%.
Economy: Should homes be turned in to multi-unit room rentals?
Should we tax "unused rooms"? And what is a unused room?
Demographics: The Downsizing Dilemma
"Boomers" are supposed to downsize to smaller homes. But the US has not built many smaller homes in most of the past 50 years.
Demographics: “Boomers” are the cause of high priced homes
Economy: Housing problems are all due to "boomers" because they are not moving to smaller homes. Reality: The US has not built smaller homes for 50 years.
Economy: Are job cuts leading to a recession?
The Federal Reserve cut interest rates today, it is said, because of concerns over the job market.
Housing: The myth of “baby boomers” causing a housing shortage
The media has a meme that home prices are high because "Boomers" are not downsizing. Except those 65+ are already in smaller homes - duh!
Personal Finance: 40% of those earning over $500k are “living paycheck to paycheck”
Apparently those making a lot are financially illiterate, as their "wants" grow with their salary.