Dynamic pricing, long the norm for airline tickets — the same computer-generated practice responsible for hour-to-hour price shifts for hotel rooms and goods sold on Amazon.com — has come to bear on the nation's housing markets. Day-to-day increases and decreases, worth hundreds of dollars, are not out of the ordinary in many rental markets. Society …
Continue reading Early Signs of a Rental Market Bubble: “Grab That Apartment Before the Rent Spikes”
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
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…