In the last several weeks a few regional banks in the U.S. have made headlines by facing a financial crisis. What has not yet made headlines are the number of other banks in the system that have major issues. All in all, it appears that the banking system is sound, but to what extent has […]
THE EXTENT OF THE LATEST BANKING TURMOIL Read More »
Owning your own home in this country has long been thought of as the American Dream. Home ownership at any affordable cost has been the aspiration of American families since colonial times. It meant lots of hard work and sacrifice, and a long-standing debt that required monthly payments. It’s often the largest single investment an
HOME OWNERSHIP…IN CHINA Read More »
Much of the Western United States has been in the throes of a serious drought that has been carrying on for nearly six years. Las Vegas, Nevada, resides in the middle of the desert, and gets most of its water from Lake Mead and the Colorado River. But Lake Mead’s water supply is shared with
HOW LAS VEGAS DEALS WITH ITS WATER PROBLEMS Read More »
The era of easy money is coming to an end thanks to a combination of geopolitical events that have spurred a wild rush of inflation. Central banks in many parts of the world are already beginning, or are set to begin, tightening cycles, designed to quash this inflation. The demand for housing has held up
COULD THERE SOON BE ANOTHER GLOBAL HOUSING CRISIS? Read More »
For quite some time Zillow.com has served as a one-stop site to manage a real estate buy, sell, or rent transaction. By visiting the website, anyone can find all manner of properties for sale or rent. They even maintain an inventory of residences in dozens of cities throughout the country for the purposes of making
THE END OF ZILLOW’S HOUSE I-BUYING BUSINESS Read More »