As you probably know, inflation just hit a crazy 40-year high of 8.6%. This means that if you put $1,000 in the bank today… You’ll only have $665 in spending power come 2027. That’s why you can’t leave money parked, doing nothing. But what if there was a state where inflation simply didn’t exist? In … Read more
Home prices were up 19.2% in January according to the S&P CoreLogic Case-Shiller index. It is extremely difficult for Millennials and Gen Z to enter the housing market, as homes today cost 75% more than they did in 1987 – and that’s just when the index first began tracking prices. The agency addressed the problem the youth … Read more
Rentals are soaring across the US to unsustainable levels. Gone are the days when people stuck to the tradition of spending less than one week of income on housing. According to a Rent.com report, the national average for one-bedroom apartments is up 24.4% over the past year to $1,684, and two-bedroom units are up 21.8% to … Read more
Also, the case for buying Tesla’s stock and how to plan for retirement It is human nature to fear missing out as prices skyrocket, But all bubbles burst eventually. Ian Shepherdson of Pantheon Macroeconomics predicts a 25% decline in U.S. home sales. What will that do to prices? Weigh in with your thoughts. A classic signal … Read more
