Round up of the latest real estate, housing and economic news for 4-4-2016…
If a picture is worth 1000 words: The March Jobs Report in 14 Charts
If we MUST fight, it means coming together: Turned Into Peasants – It’s Time to Fight Back However this means overcoming some of the long ingrained manipulations that have been used to bring us to this point
American Anger: It’s Not the Economy. It’s the Other Party Don’t get angry… get even!
Great news considering the lack of inventory that is hurting the housing market: February 2016 construction spending up 10.3% compared to February 2015 More construction means more jobs and money pumped into the economy in a truly productive way instead of Wall Street receiving all the $
Welcome to the Future: Middle-Class Housing Projects? This plays into the fact that the middle class is disappearing as America turns into a 2 class society.
Deja Moo: California sues Morgan Stanley over mortgage losses I predict Morgan Stanley will fight this and settle eventually. No justice as usual and yet another in the very long, never ending and ever expanding list of dirty deeds done by the Big Banks.
Sounds great but is it really true: Why Investing in Real Estate is Better Than Investing in Gold Just remember when the stuff hits the fan, gold will NOT be as valuable as a food, shelter, water, medicine, etc etc.
Do Not Poke the Bear: Minneapolis Fed’s new president is making waves with plan to scrutinize the power of the nation’s biggest banks Sounds like someone has political aspirations or does not realize what happens to those that anger the big banks and Wall Street.
An Uncomfortable Truth: There’s a huge threat to the most remarkable thing about the US labor market right now
I can totally see this happening here and have no doubt that it has happened or is happening today: How to Hack an Election
Cheaper gas has NOT lead to a sustainable economic recovery: Cheap oil ‘too much of a good thing’ for US economy?
I would expect this increase to be passed on to consumers: Retail Rents Could Increase by 4.0 Percent in 2016
The Panama Papers: How the rich and powerful hide their wealth I wonder how many Americans will be exposed in this? If no Americans are exposed, I would start to wonder why…
If someone is barely able to pay their rent, they are probably NOT saving to buy a home: Lower income households are getting clobbered by rent increases Considering the wealth building effect of home ownership, this is really bad. I am NOT saying everyone should buy a home. However, owning a home IS part of the American Dream for many…
Heads up: The weekly market reports will be late this week as I am busy