Hand it to great Yankee ingenuity to find a way around the affordability issue facing homebuyers, and many other segments of the economy, to give consumers a break. An example is the newfound way automobile manufacturers are addressing the new car affordability challenge, a trend that could soon spill over into the home mortgage market. The vast majority of new…
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Here We Go Again. The Sky Is Falling.
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Back in the fall of 2022, I wrote a couple of columns about the employment challenges that existed before Covid, challenges that grew exponentially during and after the pandemic.
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Fifty billion dollars. That is 50,000 million dollars. I like to use that analogy so that readers can understand the magnitude of a billion dollars, which is 1,000 million dollars. That is the estimate for what the devastation in southern California’s recent fires will ultimately cost private and public property owners.
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