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
The rhyme and the reason behind the lingering Great Recession spelled out 13 years beforehand by a billionaire who also correctly predicted the 1987 stock market crash. The housing bubble predicted six years before it burst by a prescient law school professor and Obama Administration financial reform advisor…
Oil companies say that demand will never be the same and that refinery cutbacks are necessary to boost sagging profits. Meanwhile, more cash-strapped shoppers are looking to save money and time shopping online. What do these seemingly separate trends have to do with one another? A lot more than you might think. Learn why e-commerce may contribute to increasing fuel prices, inflation and a retail landscape of tomorrow that hardly resembles anything we know today.