Economy: Where people tend to live “mortgage free”
High mortgages and housing costs tend to be concentrated in the west, and about 20 metro areas in the eastern half of the country.
Demographics, Economics, Business, Data analysis, Tech, Factfulness - Details Matter.
High mortgages and housing costs tend to be concentrated in the west, and about 20 metro areas in the eastern half of the country.
This was seen on X - and this is true when investing in the stock market!
Due to taxation and local policies, people with the means are often moving to tax or business friendly states.
With population growth now curtailed, or flat lined or decreasing in some states, where should you invest for the new future?
Population projections, by state, out to 2050. The US is entering a "post-growth demographic" - with very challenging and potentially scary issues to confront.
People working more than one job is seen as a problem. But its less than in the 1990s, and involves few workers.
Union membership over the 20th century to the present. Private sector union membership has collapsed.
Lots of nonsense about Social Security is posted on X. This tries to set the record straight.
Baby Boomers did what Congress asked them to do-self funded retirement with IRA/401(k) and savings/investments. Now they are blasted for having done that.
Today we live lives that not long ago were considered luxury available only to the ultra wealthy.
The NY Times writes a sob story about couples who can't afford to have a child. It's actually a story about lifestyle inflation.
So says an actual Yale professor, Samuel Moyn
Oregon has the highest combined tax rate of all states.
True, by leaving out all the local and state spending. In the real world, spending is almost equal.