Oct 10 2017

5 charts highlighting the epic housing crisis for Millennials – one third of young adults living at home with parents.

Millennials are starting to realize that living at home may be a longer-term proposition.  Moving back home is being motivated by heavy levels of student debt and jobs that simply pay a lower wage.  These trends run directly into the current reality that rental prices are soaring and home values are once again near peak […]

Aug 16 2017

Where in the world do Americans spend their money?  Taking a look at where incomes go each month.

I remember the first budget I put together.  It left me feeling depressed and feeling as if I had been punched in the gut.  The practice was done largely out of necessity but there was something that jumped out at me.  Housing consumes a good portion of net income.  For most Americans this is the […]

Dec 16 2014

Why oil is crashing and the black swan event of 2014: The price of oil is down by 40 percent in six months and hardly anyone saw this coming.

Black swan events are bound to happen in financial markets. It appeared that 2014 would be a year where stock markets gained footing in the world of supposedly low volatility until oil prices came crashing down. The crash in oil is enormous. It has sent many countries into panic mode including Russia where interest rates […]

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May 28 2014

You are too broke to own a home in America! The typical American household making $50,000 a year cannot afford to purchase the typical $200,000 median priced home without straining their budget.

People continue to scratch their heads as to why regular home buyers in America are unable to enter the housing market. Prices are up but this is mostly because of investor money that is obsessed with chasing yield in a low yield environment orchestrated by the Federal Reserve. The reason home sales figures continue to […]

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