Jun 16 2016

Too damn broke to afford a house: Americans are largely missing out on home equity gains and there is little they can do about it.

The housing market is once again too expensive for most American families.  During the last housing bubble, many Americans were able to partake in the mania and enjoy equity gains even if they were as fleeting as a petal in the wind.  This time around most of the gains are going to investors and large […]

Feb 28 2016

Get used to an America where owning a home is not part of the dream: You cannot afford a home on that income!

Well congratulations America.  Signs of another housing bubble are as clear as day.  Loans with nothing down are back in the market.  Incomes are stagnant so creative financing is necessary to buy more expensive homes.  And homes are more expensive.  The current home price data shows that across the country we have now surpassed the […]

Nov 8 2015

The 20 small cities struggling the most in the U.S. based on economics, education, quality of life, and affordability: All of the cities are in California.

It is hard to quantify what makes a city great or bad.  Simply having a higher income is not enough to separate an area from another city if the cost of living is outrageous.  There have been attempts to use cost of living adjustments but the attempt to rank cities has been paltry.  Most of […]

Oct 8 2015

Renters are paying too much and their burden is only going to increase: How financial policies gouge working class Americans.

A recent report by Harvard University’s Joint Center for Housing Studies showed an absolutely dismal housing situation for Americans.  Housing is unaffordable for most working class Americans.  Sure you can take on a gigantic mortgage with a low interest rate and pretend all is fine but you are simply chaining yourself to the bank for […]

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Sep 3 2015

A closer look at the cost of living between 2000 and 2015: Looking at tuition at USC and the typical priced US home.

  We keep hearing that the Fed is tepid about raising interest rates because there is no sign of inflation.  In fact, they assume that wages are keeping up for most families and that is not true.  Inflation is running rampant.  You don’t need giant price increases to disrupt lifestyles when many of the new […]

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