Among the lesser-reported impacts of the Great Recession, during which time millions of Americans lost their homes to foreclosure, is the continuing surge in rental housing demand. Demand has inflated rental rates in already costly markets throughout the country. But rental price inflation is not just a problem hitting high cost of living regions in …
Continue reading The Rent Bubble: Coming to a Neighborhood Near You
She's the world's wealthiest woman you've never heard of and she's saying something you probably wish you hadn't: "Gina Rinehart, world's richest woman, makes case for $2-a-day pay",the Los Angeles Times reports. The Australian mining heiress has a problem. The cost of running a mining operation in Australia cannot compete with Africans willing to work …
Continue reading Coming Soon? Brace for 80% Less Salary or $2-a-Day Pay
New York Times columnist Thomas Friedman makes a superficially compelling case for reforming education in pursuit of American Competitiveness. But is he overstating its promise?